Industrial units: Closure creates concerns about businesses, employment: LCCI

Lahore Chamber of Commerce and Industry (LCCI) President Faheem-ur-Rehman Saigol emphasized that the closure of an industrial unit not only impacts the business itself but also its workers, employees, suppliers, and associated parties. During a visit to the Saggian Industrial Area, Saigol engaged with industrialists to address the challenges hindering business operations.

The industrialists expressed gratitude to Saigol for his efforts that facilitated the reopening of a factory that had been sealed by the Ravi Urban Development Authority (RUDA). They highlighted the disruptive consequences of the closure on industrial activities and the consequential concerns regarding business sustainability and employment.

Saigol underscored the importance of avoiding unnecessary closures or seals on industrial units and advocated for resolving disputes through dialogue and mutual consultation. He asserted that the LCCI maintains ongoing communication with relevant institutions to tackle genuine concerns faced by industrialists. Whenever obstacles are placed in the path of business activities, the chamber is prepared to advocate for the business community effectively.

Saigol stressed that the LCCI's mandate extends beyond merely identifying problems to actively implementing solutions. The chamber is committed to approaching relevant authorities to resolve issues faced by businesses in the Saggian Industrial Area and other industrial zones within Lahore, aiming to foster an environment conducive to economic growth, employment generation, and investment.