Investors voice concerns over the state of security in Karachi

Security in karachi
According to the findings of the survey, the general state of security in Karachi and Sindh has deteriorated significantly. Image source: AFP file photo

Concerned about the deteriorating law and order situation in Karachi, the Overseas Investors Chamber of Commerce and Industry (OICCI) has reached out to Interior Minister Rana Sanaullah Khan.
Rana Sanaullah Khan was told by the head of the OICCI that in a recent survey that was conducted by a body that was representative of more than 200 multinational companies operating in Pakistan, the OICCI chief said that in the survey. Dawn newspaper reported this information. Seventy percent of CEOs identified security as one of their top three issues in response to the study.
According to the findings of the poll, the general state of security in Karachi and the rest of Sindh has worsened dramatically.
According to the poll, “this is in contrast to the findings of previous such security studies,” which had showed continual improvement in security over the course of the preceding seven years, notably in Karachi.
The OICCI carried out its yearly security assessment between the months of May and June, and 115 members took part in it.
According to the findings of the survey research, recent high-profile instances involving Chinese nationals appear to be a factor for increased security worries in Karachi.
According to the report on the survey, almost half of the respondents felt that the security situation had an impact on their operations and related businesses (suppliers/vendors and customers), and 56 percent of them cited an increase in street crimes faced by their employees as a consequence of the situation. do
The Chamber of Commerce issued a call to action to law enforcement agencies and other government authorities responsible for fostering business and investment activity, urging them to take steps to improve the environment’s general level of safety.
They urged that special attention be paid to the safety of foreigners as well as the prevention of street violence, particularly in the metropolitan areas of Karachi, Lahore, and Faisalabad, which are all major industrial centres.