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Delegation of e& International holds meetings with IT,Privatization Secretaries
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e&International Delegation Meets Key Government Stakeholders from Telecom & Privatization Sector
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Privatization Minister Chairs In-House Performance Review Meeting
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Govt to facilitate investors for revival of SOEs
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Meeting held to review revival of Pakistan Steel Mills
January 26, 2021
ISLAMABAD, Pakistan: The Federal Minister for Privatization Muhammad Mian Soomro and the Federal Minister for Industries and Production Muhammad Hammad Azhar co-chaired an important meeting in Islamabad on Tuesday to review and discuss the progress made in the revival of Pakistan Steel Mills (PSM).
The Federal Secretary Privatization, the Secretary & the Additional Secretary Industries, and other Senior Officials of the Ministry attended the meeting. The Chairman and CFO PSM participated via video link.
The revival of PSM would be undertaken as per the approved decision of CCoP/ Cabinet: transfer of core assets of PSM to a subsidiary owned wholly by the PSM which will be followed by the sale of majority shares of the subsidiary thus formed without transfer of full ownership.