Tag: SITE Association

Karachi, March 9, 2026 – Abdul Rehman Fudda, President of the Site Association of Industry (SAI), has expressed disappointment over the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 10.5%, warning that the status quo could put additional pressure on industrial activity and exports.

Karachi, March 7, 2026 – The S.I.T.E. Association of Industry (SAI) has called on the government to withdraw or significantly reduce duties and taxes on petroleum products to protect industries and consumers from the impact of rising fuel prices.

Karachi, March 5, 2026: Abdul Rehman Fudda, President of the S.I.T.E. Association of Industry (SAI), has raised alarms over soaring electricity tariffs and a two-day gas supply suspension affecting industries in Karachi. The disruption was reportedly due to missing RLNG cargos from Qatar, according to Sui Southern Gas Company (SSGC).

Karachi, February 28, 2026: The SITE Association of Industry (SAI) recently held a solemn gathering to pay tribute to Lt. Col. Shahzada Gulfraz Shaheed, who laid down his life while combating the Indian proxy group, Khwarij, in Bannu District. Industrialists and business leaders reaffirmed their commitment to supporting the Pakistan Armed Forces and ensuring that […]

Karachi, February 22, 2026 – The SITE Association of Industry (SAI) has elected Abdul Rehman Fudda as its new President for the remainder of the 2024–2026 tenure following resignations from key office bearers.

Karachi, January 14, 2026 – The SITE Association of Industry (SAI) has strongly criticized the continued imposition of cross-subsidy on industrial electricity tariffs, warning that the policy is eroding industrial competitiveness, discouraging investment and hindering sustainable economic growth.

Karachi, January 5, 2026 — Several industries located in SITE Karachi have been without electricity for the past 15 days, severely disrupting industrial operations and causing significant financial losses, the SITE Association of Industry (SAI) informed K-Electric (KE) during a meeting on Monday.