LCCI urges Lahore Development Authority, Lahore Water and Sanitation Agency to review its decision for fixing water charges on monthly basis for industrial sector
Lahore, November 27, 2018 (PPI-OT): The Lahore Chamber of Commerce and Industry has urged the Lahore Development Authority, Lahore Water and Sanitation Agency (LDA) to review its decision for fixing water charges on monthly basis for industrial sector. The demand was raised by the LCCI Senior Vice President Khawaja Shahzad Nasir and Vice President Fahim-ur-Rehman Saigal while talking to a group of industrialists here at the Lahore Chamber of Commerce and Industry.
Khawaja Shahzad Nasir said that through a notification, Lahore Development Authority, Lahore Water and Sanitation Agency (LDA) has fixed Rs.100,000 per month and Rs.50,000 per month respectively for installation of tube-well sized 1 cusic and ½ cusic for industrial, commercial, non-residential and corporate bodies while 10% surcharge will also be imposed in case of late payment.
He said that industrialists will have to pay this huge amount on just installation of tube-wells whether they are using water or not that is. “At a time when trade and industry is in deep trouble due to high input cost, falling competitiveness in the international market and various other challenges, formula of fixation of water charges will bring more challenges for the industrial sector.
Fahim-ur-Rehman Saigal said that there was a time when a businessman calculates Return on Investment keeping in view the cost of doing business but in the present scenario, they cannot plan for future. The LCCI office-bearers hoped that the Lahore Development Authority, Lahore Water, Sanitation Agency (LDA) will review its decision of fixing water charges, in the larger interest of the industry.
For more information, contact:
Lahore Chamber of Commerce and Industry (LCCI)
Lahore -54000, Pakistan
Category: General Business News