FAISALABAD

The participants of 18th mid-career management course from the National Institute of Management Karachi visited the Faisalabad Chamber of Commerce and Industry in connection with their study tour. FCCI President Engineer Suhail Bin Rashid gave detailed presentation on the role of Faisalabad in the overall economic growth of Pakistan, and said that textile was the main stay of national economy. He said that half of the textile export is directly contributed by Faisalabad in addition to generating much-needed revenue for the government and providing jobs to the unemployed youth.

Responding to a question, he said that only few industrialists had shifted their units abroad due to the acute shortage of energy and deteriorating law and order situation in the country. However, most of the industrialists have patriotic approach and they love Pakistan and only Pakistan. Most of the industrialists are running their units with marginal profit with prime objective of saving jobs for their workforce. He said that the FCCI had this year donated a huge amount of Rs.5.1 Million for the internally displaced persons. Similarly once again we are now busy in fund raising for the flood affectees.  “We are also collaborating with Governor Punjab Chaudhry Muhammad Sarwar to install water filtration plants to ensure clean drinking water to the deprived segments of the society,” he added. Responding to yet another question on energy crisis, Engineer Suhail Bin Rashid said that on the demand of FCCI, the abandoned Gas Power Plant just in front of FCCI Complex was put into operation by consuming gas quota of Faisalabad.

“We were given assurance that electricity generated from the power house would be restricted for Faisalabad only, but when it started producing 120 MW of electricity, it was diverted to the National Grid. He said that apart from various captive power plants of local industrial units, FCCI was now contemplating to replicate a coal fired power project conceived by Multan Chamber. “We have plans to install similar power plants in various industrial conglomerates of the city to ensure uninterrupted power supply particularly to the small and medium industrial units who could not afford to install their own power plants,” he said.