Vaccination of industrialists, workers begins

Karachi, May 24, 2021 (PPI-OT): SITE Association of Industry said Saturday that it had launched vaccination of industrialists and workers in collaboration with Sindh government. According to the guideline, SAI directed the members to register the persons to be vaccinated by sending CNIC number through SMS at 1166. Once the verification code is received, send the list of persons to be vaccinated to the Secretary GenerRead More…

Abdul Hadi elected as president of SITE Association of Industry

Karachi, September 29, 2020 (PPI-OT): Abdul Hadi has unanimously been elected unopposed President of SITE Association of Industry while Riazuddin Senior Vice President and Abdul Kadir Bilwani elected as Vice President for the year 2020-21. The newly elected office bearers will assume charge of their offices from 1st of October, 2020.
Siraj Kassam Teli, Patron-in-Chief, SITE Association of Industry, M. Zubair MotiwalaRead More…

Call to provide four new companies to end K-Electric monopoly

Karachi, September 17, 2020 (PPI-OT): At least 3 to 4 companies should be issued licenses for distribution and sale of electric power instead of just one, in order to ensure a competitive pricing, quality of service and maintenance of infrastructure. President SITE further said that industrial, commercial and residential consumers are at the mercy of K-Electric and have no other option but to purchase electricity froRead More…

President SITE Association of Industry expresses deep concerns over low gas pressure in SITE area

Karachi, August 21, 2020 (PPI-OT): President of SITE Association of Industry Suleman Chawla expressed deep concerns over low gas pressure in SITE area Karachi and demanded the SSGC to immediately restore gas to industrial sector with required pressure otherwise production will come to a halt completely.
In a press statement he informed that for the last 3-days industrialists are facing severe low gas pressure due to Read More…

“Asset Declaration” awareness seminar arranged at SITE Association

Karachi, June 18, 2019 (PPI-OT): On the instructions of Chairman FBR Mr. Shabbar Zaidi, FBR officials have started awareness campaign in Karachi. In this regard Mr. Maqsood Jehangir, Commissioner IR, Large Tax Paying Units (LTU) and Mr. Kashif Hafeez (Addl. CIR, Zone 6, CRTO, Karachi) visited SITE Association of Industry which was attended by Executive Committee and large number of industrialists.
Mr. Kashif Hafeez gRead More…

SITE Industries fear closure due to non-supply of water

Karachi, May 22, 2019 (PPI-OT):In a Press Statement, Mr. Saleem Parekh, President, SITE Association of Industry has shown his utter dismay and disappointment over the non-supply of water to the industries of SITE for the last 2 months. Against the requirement of 40MGD and MD KWSB’s assurance to supply 8MGD, only 1.25 MGD water is being supplied to SITE industries while Hub dam is overflowing due to non-utilization Read More…

Chairman’s oversight to limit discretionary powers of field officers, President SAI

Karachi, May 13, 2019 (PPI-OT): President SAI is pleased with the balanced approach on handling recoveries taken by the freshly appointed Chairman FBR. The condition of the Chairman’s approval before seizing bank accounts would make the process transparent by limiting the discretionary powers of field officers.
It is expected that the Chairman will devise policies that will channel the full force of FBR on broadeniRead More…

Closure of industries at a time of high inflation and low growth is suicidal: President S.I.T.E. Association of Industry

Karachi, May 06, 2019 (PPI-OT): It is impossible to fathom that even after investing $10 billion to add around 10,000 MW power generation capacity to the national grid, we are still discussing closure of industries’ one shift. With growth plummeting and inflation surging such a step would be economically and socially disastrous.
Closure of industries’ one shift would result in lower income for everyone especiallyRead More…

Pakistan China FTA Phase 2 could prove anti industrialization as did the first phase: Chairman SITE Taxation and Trade Policy

Karachi, April 26, 2019 (PPI-OT): China is known as the supplier of the world with huge current account surpluses with most trading partners. After the first phase of PAK China FTA, we had to impose up to 30% regulatory duty to save the local industry from closing down. Even after the imposition of 30% regulatory duty, trade deficit from China is over USD 15bn with Pakistan exporting under USD 3bn worth of goods to CRead More…

Harassment to industries will not be tolerated: Assures Chairman EOBI Azhar Hameed

Karachi, April 24, 2019 (PPI-OT): Chairman, Employees Old-Age Benefits Institution Azhar Hameed has assured the industrialists that harassment to industries in the name of inspection will not be tolerated while EOBI is fully committed to facilitate payments of EOBI contribution by the industries. He was addressing the Members of SITE Association of Industry as Chief Guest the other day on his visit. He was accompanieRead More…