Trade bodies disown anti-KE video

KARACHI: Top officials of the city’s trade bodies on Tuesday refuted claims made in a video published

online by Karachi Chamber of Commerce & Industry (KCCI) on their portal regarding K-Electric’s (KE) performance.

President Korangi Association of Trade and Industry (KATI) Saleem uz Zaman, President Site Super Highway Association of Trade & industry (SSHATI) Engr Nisar Ahmed, President Bin Qasim Association of Trade & Industry (BQATI) Mian Mohammed Ahmed, President Federal B Area Association of Trade & Industry (FBATI) Mohammad Ali in a joint statement said a video was released by the KCCI on their social media page claiming that all seven associations had demanded to end KE’s monopoly.

It was clarified by all Presidents that a meeting was held at KCCI to discuss the concern related to KE’s prevailing issues with trade and industry and its potential takeover by Shanghai Electric.

They clarified in the statement that KATI, SSHATI, BQATI, FBATI and all other participants of the meeting did not conclude and reached any decision.

Further it was decided that a committee comprising technical experts from each association and KCCI would study the authenticity of concerns raised regarding discrimination against Karachi’s consumers to come up with recommendations in the best interest

of the industrial and domestic consumers of Karachi after due deliberations, the officials said in the statement.

They said KE had significantly improved from the dark era of KESC, and without discussion any haphazard decisions in the matter might push back KE to KESC, which would have disastrous implications for the residents and industries of Karachi.