Business News

ISLAMABAD, Oct 17 (APP): President, Islamabad Chamber of Commerce and Industry (ICCI), Khalid Iqbal Malik has said that early passage a draft bill of rent control for federal capital should be passed to help traders for smooth trading activities. “A draft bill of a balanced rent control act for Islamabad was prepared in consultation with all stakeholders and presented in the National Assembly long time ago, but it was still lying pending with a NA Standing Committee.” He was talking to a delegation of Traders Welfare Association, Jinnah Super, Islamabad that visited ICCI led by its President Qazi Muhammad Ilayas to congratulate new office bearers of the Chamber. Khalid Iqbal Malik, in a statement issued here on Monday said that old transformers in markets were tripping off frequently due to which power supply to shopkeepers remained suspended for days. He urged that concerned authorities should replace old transformers of markets with new ones to ease the problems of traders. He said that footpaths and green areas had been dug up in Jinnah Super for laying gas pipes, but unfortunately dug up places have not been repaired as yet causing problems for traders and customers. He asked the concerned company to pay urgent attention to this issue and assured the TWA Jinnah Super that ICCI would cooperate in resolving key issues of their market. Speaking at the occasion, Qazi Muhammad Ilyas, President and Abdul Rehman Siddiqui, General Secretary of Traders Welfare Association, Jinnah Super highlighted the key issues of their market. They stressed that ICCI should play its role for early promulgation of a rent law in the federal capital that will help in resolving rent disputes amicably. Khalid Malik Senior Vice President, Tahir Ayub Vice President ICCI, Khalid Javed Chairman Founder Group, Zubair Ahmed Malik, Ahmed Mughal, Mian Akram Farid, M. Ejaz Abbasi, Nasir Qureshi, Markazi Anjuman-e-Tijran Pakistan President Ajmal Baloch, and others also spoke at the occasion.