PESHAWAR: The Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) on Thursday formed a six-member committee to assess the losses to businesses in the Qissa Khwani Bazaar car bombing so that compensations from the Economic Revival of Khyber Pakhtunkhwa and Fata (ERKF) funds could be distributed to the affected traders.
The committee was formed at a KPCCI meeting, which was chaired by its president Zahidullah Shinwari at the Chamber House.
The chamber’s senior vice- president Taimur Shah, former president -Arshad Adeel, former vice-president Zulfiqar Ali Khan and provincial chief of the Small and Medium Enterprise Development Authority (Smeda) Muhammad Javed Khattak also attended the meeting.
The World Bank is providing matching grants to the traders and businessmen in Khyber Pakhtunkhwa and adjoining tribal areas for loss to their businesses in the ongoing militancy and floods that hit the province and tribal belt in 2010.
The KPCCI head said the committee was tasked to assess the losses due to the devastating car bomb blast and submit its report within 10 days so that the affected traders could be paid compensation at the earliest to rebuild their businesses.
He said former president of the chamber, Riaz Arshad would head the assessment committee while leaders of Markazi Tanzeem Tajiran, Sharafat Ali Mubarak, Muhammad Afzal, Shaukat Ali Khan, Zulfiqar Ali Khan, Nadeem Rauf and Javed Akhtar would assist him as members of the committee.
Zahid said the committee would submit its report within 10 days after complete assessment of the losses to the traders and Smeda has already been directed to prepare a special form, on which all the details of the losses would be collected along with other information.
The KPCCI president said the traders would be provided a matching grant under the ERKF in a smooth manner so that they could revive their business and meet their financial obligations.
