Pakistan to sell majority stakes in state-run airlines to Qatar
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Pakistan to sell majority stakes in state-run airlines to Qatar
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Pakistan to sell majority stakes in state-run airlines to Qatar
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ISLAMABAD: The government on Tuesday decided in principle to take at least three major projects two sections of motorways and logistics of Pakistan Post to public-private partnership (PPP) mode for investors’ participation and upgradation.
Informed sources told Dawn that the Public Private Partnership Authority (PPPA) would shortly come up with fresh transaction structures for Sukkur-Hyderabad motorway (M-6) worth about Rs200 billion and Kharian-Sialkot motorway (M-11) worth Rs40bn. The M-6 project had previously been offered in the PPP mode but required some financial support from the government.
A meeting of the PPPA’s executive committee, presided over by Deputy Chairman of the Planning Commission Jehanzeb Khan, decided to hire an international consultant to prepare a feasibility and transaction structure for upgradation and development of Pakistan Post’s logistic business on modern lines through private sector’s participation. This will cost about Rs20 million.