The deadly attack on the Karachi airport left in its wake between Rs8 billion and Rs10 billion in losses to multiple businesses, which were using the warehouse located in the vicinity that was completely gutted in a subsequent fire, officials said on Wednesday.
Hundreds of thousands of mobile phones and tons of medicines, chemicals, pharmaceutical raw material, fruits, electronic devices and other goods were stored in the warehouse of Gerry’s Dnata when the attack occurred.
“This should have been the problem of insurance companies but now the importers and exporters would probably have to bear the loss,” said a senior official of the Civil Aviation Authority (CAA).
“These businesses didn’t take insurance cover against terror act because of high premiums.”
Gerry’s Dnata, which is a 50-50 joint venture between Pakistani group Gerry’s and Dubai-based Dnata, was not immediately able to verify the extent of loss.
Officials say companies are in contact with their foreign suppliers to gather the documents, which will prove the worth of their stock.
QMobile, had around a million cellular phones in the warehouse, said Zeeshan Yousuf, a director at the company.
