Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: German retailer to pay US$ 5m to Baldia factory victims
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Baldia Factory Fire Case Verdict
PhotoNews Pakistan > Business > German retailer to pay US$ 5m to Baldia factory victims
Business

German retailer to pay US$ 5m to Baldia factory victims

Web Desk
By Web Desk Published September 11, 2016 3 Min Read
Share
The Charred Structure of Baldia Factory. Photo: File Photo
SHARE
German retailer KiK has agreed to pay over US$ 5 million in compensation to the families of 259 workers burnt alive in the tragic incident of the Baldia Factory fire.

According to a statement issued by the International Labour Organization (ILO), KiK has voluntarily agreed to pay an additional US$5.15 million to fund the gap, which will top up the statutory benefits due from the Sindh Province Employees’ Social Security Institution to meet the requirements of Convention 121.

The tragic fire at the Ali Enterprises garment factory in Baldia on 11 September 2012 took the lives of more than 255 workers and left 57 workers injured, in the worst industrial disaster in the country.

It added: “An agreement over US$5 million has been reached to provide compensation for loss of income, medical and allied care, as well as rehabilitation, to the victims of one of the worst industrial accidents in Pakistan. It results from the ILO facilitation and coordination of consultations during a recent mission to Pakistan from 25 July to 5 August”.

On requests of the German Federal Ministry of Economic Cooperation and Development and Ministry of Overseas Pakistanis and Human Resource Development, the International Labour Organization (ILO) has been enabling talks with the German retailer KiK, IndustriALL Global Union and the Clean Clothes Campaign since May 2016 to arrive at the compensation arrangement, by the ILO’s Employment Injury Benefits Convention 121.

KiK, Ali Enterprises’ main customer, had already paid US$1 million in emergency compensation in December 2012. The company will start paying the compensation early next year.

Gerd Müller, German Federal Minister for Economic Cooperation and Development, said: “What had not been possible in four years of controversy between the parties has now been achieved through our mediation work and will provide tangible assistance to the victims and bereaved family members.

Commenting on the agreement, Deputy Director General of the ILO Gilbert Houngbo said: “It is satisfying that the ILO facilitated resolution to the long-standing discussions on compensation for workers around the fire of Ali Enterprises is now completed.

Lamenting on the state of industrial and labour laws in Pakistan, stakeholders called for more robust social insurance schemes and a pressing need to improve garment factory safety and inspection procedures and compliance with social security laws to prevent another such tragedy. (PhotoNews / The News)

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Salman Agha Pakistan vs Sri Lanka ODI

Salman Ali Agha Century Lifts Pakistan to 299 Against Sri Lanka in First ODI

WhatsApp profile photo import

 WhatsApp to Let Users Reserve Same Username as Instagram, Facebook

Gold Price in Pakistan

Gold Prices Surge 3% to Two-Week High on Fed Rate Cut Expectations

Post Archives

More Popular from Photonews

Matt Kalil and Haley Kalil Divorce Reason
Entertainment

Haley Kalil Reveals Reason for Divorce from Matt Kalil

2 Min Read
Iran sanctions relief
Top NewsWorld

Trump Says Iran Seeks Sanctions Relief, Open to Discussion

2 Min Read
Pakistan Peoples Party' 27th Constitutional Amendment
Pakistan

PPP Objects to 27th Constitutional Amendment Clauses

2 Min Read
Pakistan

Court Orders New Probe in Bitcoin Ransom Case Against Malik Riaz

The Islamabad High Court (IHC) has mandated a new investigation into an extortion case targeting property…

November 10, 2025
Tech

Nvidia Backs India Deep Tech Alliance in $850 Million Funding Pus

The India Deep Tech Alliance has attracted new support from tech giant Nvidia and has secured…

November 5, 2025
Uncategorized

ICC ODI Rankings: Babar Azam, Shaheen Afridi Slip as Pakistan Players Make Moves

The latest ICC Men's ODI Player Rankings reveal significant shifts for Pakistan's cricketers. New ODI captain…

November 5, 2025
Pakistan

Pakistan’s 27th Amendment Grants Presidents Lifetime Legal Immunity

The draft of Pakistan's proposed 27th Constitutional Amendment introduces sweeping changes to the country's governance structure. Specifically,…

November 8, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?