September 19, 2024
1 min read

Karachi’s factories face shutdown amid water crisis

The issue stems from a financial dispute between the water board and Pakistan Steel Mills….reports Asian Lite News

The Karachi industrial sector is experiencing a significant crisis due to water shortages that jeopardize the operations of major factories in the Steel Mill and Port Qasim Industrial Area, according to Samaa TV.

A report from last month indicated that industries have been struggling due to the cut in water supply by the Karachi Water and Sewerage Board (KWSB), affecting numerous production facilities, including global automotive manufacturers.

The issue stems from a financial dispute between the water board and Pakistan Steel Mills. The Water Board cut off the water supply to industrial units in the area, citing unpaid debts by the Steel Mill, even though the company has paid millions in water bills over the years.

Pakistan Steel has requested the KWSB to take control of the water management system; however, the Water Board rejected the proposal, citing the significant debts owed by the Steel Mill.

The report further stated that the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and the Industrial Park Owners Association have expressed concern about the situation. In correspondence with the Federal Minister of Industry and Production, they underscored the substantial effects on production and called for urgent intervention. Zainul Abedin Shariq, Chairman of the Industrial Park Owners Association, emphasized that the conflict between the two parties has jeopardized the operations of numerous industries.

The letter states that the Steel Mill has continued to collect millions in ground rent and other fees from the industrial units, despite the water supply being cut off. Nevertheless, the factories are compelled to cease production due to the water shortage.

The Water Board administration has stated that no water will be supplied until the Steel Mill settles all outstanding dues. As a result, many industries, particularly in the auto sector, are facing a crisis, with production lines halted. (ANI)”

ALSO READ: Afghanistan reopens its embassy in Oman

Previous Story

Afghanistan reopens its embassy in Oman

Next Story

China Eyes Dominance Beyond Earth

Latest from -Top News

Jaishankar Hints at Tariff Deal with US

Jaishankar explained that the ongoing trade tensions largely stem from the inability of both sides to reach a common ground on several issues….reports Asian Lite News External Affairs Minister S. Jaishankar on

Rajnath Singh Heads to Australia for Key Defence Talks

The visit comes at a historic moment when India and Australia commemorate five years of establishment of India-Australia Comprehensive Strategic Partnership…reports Asian Lite News Defence Minister Rajnath Singh will visit Australia from

Multi-alignment, upgraded

With US ties strained and China tense, New Delhi taps Europe’s harder edge for co-development, clean tech and strategic autonomy, writes Manoj Menon India is recalibrating its great-power hedging as frictions with

Reeves urged to break manifesto pledges

Chancellor under pressure as £40bn fiscal gap looms, with critics warning against a “pasty tax” budget of piecemeal revenue raisers…reports Asian Lite News Rachel Reeves is facing growing unease inside Labour’s ranks

Starmer to Visit India on Wednesday

UK and India to cement strategic ties with new free trade agreement and deeper cooperation across defence, technology and climate Prime Minister Keir Starmer will make his first official visit to India
Go toTop

Don't Miss

Pakistan: Vandalism of churches sparks ‘High-Level’ probe

Christian leaders have alleged that the police remained silent spectators…reports

Rights group raises alarm over minority abuse in Pakistan

The activist group has demanded amendments in the country’s laws