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KARACHI: The Federation of Pakistan Chambers of Commerce and Industry sets up a fund for the Gul Plaza Shopping Mall blaze affectees and so far Rupees 10 million have been raised.

This was announced by FPCCI President Atif Ikram, during his visit to Gul Plaza along with his office bearers’ team.

He said that initially the target amount of the fund was Rs five million, but the business community wanted to contribute maximum as they felt pain and had full sympathy with the grieved families of the deceased shopkeepers and the workers.

He pledged that FPCCI, the apex trade body of the country, would continue to raise more funds even at the regional level. He assured that the FPCCI was standing with the affected traders and would do all possible for their relief and rehabilitation.

“FPCCI shares the grief and pain of the national tragedy, especially irrecoverable human loss.” He said that FPCCI leadership would request the Federal and Sindh governments to come up with their emergency plans for the compensation and rehabilitation of the Gul Plaza affectees and release the matching amounts without delay.

He regretted that the essential service of fire-brigade lacked the required gadgets and machinery to efficiently douse a fire of third degree. That’s why, he maintained, Gul Plaza could not be saved from tuning to rubble, besides the loss of many innocent lives.

Copyright Business Recorder, 2026

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