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    Home»Business»PIAF chief demands early compensation for Hafeez Centre inferno losses
    Business

    PIAF chief demands early compensation for Hafeez Centre inferno losses

    October 19, 2020No Comments2 Mins Read
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    LAHORE:  The Pakistan Industrial and Traders Association Front chairman
    Mian Nauman Kabir has expressed his deep concern over the huge financial
    losses caused by the Hafeez Center inferno in provincial metropolis, urging the
    government to formulate a strategy in consultation with the real stakeholders to
    determine the cause of the fire as early as possible, besides compensating
    traders for their losses.
    In a joint statement with vice chairman Javed Siddiqi, Mian Nauman expressed
    his deep sorrow over the loss of property and demanded of the government to
    announce full relief for the affected the businessmen.
    PIAF leadership said that government should announce compensation for the
    businessmen who have suffered huge losses and also urged the private sector to
    get fire insurance at the earliest to avoid such unprecedented fatalities in future.
    He urged the Federal and Provincial governments to ensure infrastructure
    development and installation of fire hydrants at those places of all market
    which are inaccessible for fire tenders. He said that despite various fire
    incidents in the country in general and Lahore in particular during last one
    decade, no concrete measures had been taken.
    He said that PIAF has always been standing by the traders and would continue
    to raise its voice at every forum and would strongly demand the government to
    correct their losses by identifying them. He said that Hafeez Center is an
    important and big commercial center of Lahore in which small and big traders
    do businesses, it is impossible to recover from the damage caused by this fire.
    Mian Nauman Kabir said that although it is the government’s task to put
    Hydrants in inaccessible market places but in case of financial constraints at
    government level, the private sector should also contribute.
    He asked the government to announce compensation for the businessmen who
    have suffered huge losses and also urged the private sector to get fire insurance
    on their own.
    He said that the fire incidents in Lahore have exposed the weaknesses in the
    system and there is an urgent need to rectify them on emergent basis.

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