Tag: #Privatization
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Privatization: PM IK demands maximum revenue
Finance Minister advisor, Shaukat Tareen, and Minister for Privatization, Muhammad Mian Soomro, were approached by Prime Minister (PM) Imran Khan on Thursday in Islamabad. During the gathering, the committee informed PM Imran Khan on progress in the privatization of Pakistan Steel Mills (PSM) and other state-claimed organizations. In the gathering, PM Khan guided for finding…
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Soomro finalizes K-Electric payable, receivable issues
ISLAMABAD, Mar 16 (APP):Federal Minister for Privatisation Muhammad Mian Soomro on Tuesday finalized K-Electric payable and receivable issues. The Minister for Privatisation Muhammad Mian Soomro called a meeting to discuss matters relating to Karachi Electric (K-E), said a news release issued by Ministry of Privatization here. Special Assistant to Prime Minister on Petroleum Nadeem Baber,…
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‘Donald Trump shows interest in buying Roosevelt Hotel’
United States (US) president, Donald Trump is interested in purchasing the Roosevelt Hotel in New York which is owned by Pakistan International Airlines (PIA) according to the National Assembly’s Standing Committee on Privatization. According to the details, Managing Director (MD) PIA Investments said that Donald Trump wanted to buy the PIA-owned Roosevelt Hotel in the…
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CCoP decides not to privatize PIA’s Roosevelt Hotel
A meeting of the Cabinet Committee on Privatization (CCoP) has decided that the Roosevelt Hotel will not be privatized and would be run under a joint venture with the private sector. According to the details, CCoP meeting chaired by Finance Advisor Hafeez Sheikh, has decided not to sell the Pakistan International Airlines (PIA)-owned Roosevelt…
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Govt determined to undertake transparent privatisation: Firdous
ISLAMABAD, Jan 29 (APP): Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan Wednesday said the government was determined to carry out transparent and profitable privatisation of state-owned entities (SOEs). Addressing a press conference flanked with Minister for Privatisation, Mohammad Mian Soomro here, she said the SOEs’ privatisation was the…