Karachi Chamber of Commerce to Hold Press Conference on Gas Tariff Hikes

Karachi, The Karachi Chamber of Commerce & Industry (KCCI), led by its President Iftikhar Ahmed Sheikh, will be conducting a significant press conference. This conference, involving the presidents and representatives of all seven Industrial Town Associations and Value-Added Textile Associations, is set to address the recent sharp increases in gas tariffs. The meeting is scheduled to take place at KCCI on Tuesday, November 21, 2023, at 12:00 PM.

According to the Karachi Chamber of Commerce & Industry, the press conference is being convened to voice concerns over what is described as an "unbearable hike in gas tariffs." The event aims to draw attention to the challenges faced by industries and businesses due to the rising cost of gas. It is expected to gather various industry leaders and stakeholders who are directly affected by these increased tariffs.

The KCCI has extended an invitation to journalists and media personnel, requesting coverage of this crucial event. The conference is anticipated to provide insights into the impact of gas tariff hikes on different sectors, particularly the industrial and textile sectors, which are vital to Karachi's economy. The KCCI aims to highlight the consequences of these hikes on business operations and the broader economic landscape.

Through this press conference, the KCCI seeks to bring to light the challenges faced by industries in coping with the increasing costs and to possibly discuss strategies or recommendations for addressing these issues. The event is expected to be a platform for industry representatives to express their concerns and seek support from policymakers and the government to mitigate the effects of the tariff increases.