Business community urges NA for promulgation of Rent Control Act in Capital

F.P. Report

ISLAMABAD: Senior Vice President of Islamabad Chamber of Commerce and Industry (ICCI) Muhammad Naveed has said that Prime Minister Shahid Khaqan Abbasi in a recent meeting with local business leaders had promised for early promulgation of Rent Control Act in Islamabad, but so far no concrete measures were taken for this purpose.

Talking to a delegation of local trade leaders that called on him at Chamber House here on Sunday, Muhammad Naveed stressed that National Assembly should pass amended bill of rent control act in its 52nd session on February12, 2018 to resolve this longstanding issues of local traders once for all.

Sheikh Jamshed President Pakistan Muslim League-Nawaz (PML-N) Traders Wing Islamabad, Yousaf Rajput President Traders Welfare Association Blue Area Islamabad, Muhammad Hussain General Secretary, Traders Welfare Association, Super Market, Islamabad, Raja Abdul Majeed and Amin Pirzada were in the delegation.

Muhammad Naveed appealed the Prime Minister to honor his promise for promulgation of new rent law in Islamabad as without the said law, traders were being evicted from shops forcefully and this situation has created lot of concerns in the trading community of the federal capital as they were feeling insecure about their future.

He said government should pay urgent attention to this serious issue and arrange the early passage of rent restriction law from the parliament so that traders could fully focus on the growth of business activities.

Yousaf Rajput President Traders Welfare Association Blue Area Islamabad, Muhammad Hussain General Secretary, Traders Welfare Association, Super Market, Islamabad, Raja Abdul Majeed and Amin Pirzada said that with the consensus of all stakeholders an amended bill of rent restriction law for Islamabad was prepared that was presented in the National Assembly by MNAs Mian Abdul Manan and Asad Umar a long time ago.

They said the local administration has also cleared the said bill after its thorough scrutiny, but it was still lying pending in the National Assembly. They said if the said bill was not passed into law, traders of Islamabad would have no other option except to observe complete shutter down for the acceptance of their genuine demand.

Sheikh Jamshed, President, PML-N Traders Wing Islamabad said that his wing was fully supportive of the genuine demand of traders for a balanced rent control act in Islamabad as it was badly needed so that they could promote business activities in a secure and peaceful environment.