PC puts off decision on HEC sale tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.
ISLAMABAD: Privatisation ministry held meetings with international and local investors in a roadshow on Wednesday before a potential management and stake sale in loss-making Pakistan Steel Mills, a.
‘Privatisation of Heavy Electrical Complex, Jinnah Convention by yearend’
July 8, 2021
ISLAMABAD: Privatisation transactions of Heavy Electrical Complex and Jinnah Convention Center are expected to complete by the end of this year, a meeting was told on Wednesday.
Presiding over the meeting, Minister for Privatisation Mohammedmian Soomro said on Wednesday the focus is on the timely completion of the transactions, which were already extended due to the COVID-19 pandemic.
“We are resolved to compress the timelines for the transaction completion of the identified entities and putting an all-out effort to improve the efficiency of these public sector entities on the one hand and reduce the fiscal burden on the economy on the other,” Soomro said.