ICCI for taking measures to promulgation of rent law , addressing issues of different markets

ISLAMABAD: Islamabad Chamber of Commerce and  Industry here on Thursday urged the government to take measures for early passage of new rent law for Islamabad to address the issues which was faced by the local businessmen and traders.

Talking to a delegation of Bara Kahu Markazi Union, President ICCI Ahmad Hassan Mughal said that the members of previous and current governments had assured to arrange the passage of amended bill of rent control act for promulgation of new rent law in Islamabad, but the assurance still remained to be honored.

A delegation of Bara Kahu Markazi Union led by its President Malik Sajjad visited ICCI and highlighted the issues and challenges in promotion of trade and business.

ICCI head said that Bara Kahu was one of the largest markets in Islamabad and urged the Capital Development Authority and Municipal Corporation Islamabad for focusing on its better development to facilitate the trading community.

He urged the government for making appropriate arrangements for early passage of new rent law for Islamabad to resolve this longstanding issue of traders and development and promotion of trade and business activities in the capital city.

He said that other highlighted issues of Bara Kahu should also be addressed on priority to reduce the problems of traders.

He assured that ICCI would cooperate with Markazi Union of Bara Kahu for redress of its key issues.

Speaking on the occasion, President Bara Kahu Markazi Union said that due to absence of rent control act in Islamabad, the traders of Bara Kahu and other markets were feeling insecure in running business activities.

He urged the government to arrange early promulgation of a new rent law in the federal capital so that the traders could focus on promoting business activities with peace of mind.

Malik Sajjad said that a bypass and overhead bridge were badly needed in Bara Kahu to resolve traffic issue and facilitate the growth of business activities. He called upon the CDA to focus on these developments in Bara Kahu.

He said that there were no proper sanitation arrangements in Bara Kahu while filtration plant and public toilets were also needed in the market.

He urged that CDA and MCI for addressing these issues on urgent basis as there was no parking facility in Bara Kahu due to which traders and customers were facing problems and stressed upon the CDA to build a multi-storey parking plaza in the market.