A weekly-review meeting for the revival of the PSM was jointly headed by Muhammad Mian Soomro and Hammad Azhar.
Muhammad Mian Soomro
We initiated the process to auction 26 government-owned lands last month, said the federal privatization minister.
The economic agenda of the government will not be affected by any movement of the opposition, he said.
Pakistan Steel Mills, Mari Gas Field and Convention Centre Islamabad, Services Hotel, SME Bank, PPL, Guddu Power Plant and power companies have been in the list of 19 state-owned entities that will be offered for privatization, Soomro said.
The investors could bid for the projects with a facility of at most 70 percent loans from the banks.
The meeting approved transaction structures of Services Hotel Lahore, First Women Bank, HBFC, and Jinnah Convention Centre.
Muhammad Mian Soomro said that the privatization process of power plants could not be completed on time.
No delay is being made in the timeline for privatization of power plants and other entities, announced Privatization Minister Muhammad Mian Soomro.
Muhammad Mian Soomro, while talking to journalists today, said that the final bid of the Liquefied Natural Gas (LNG) power plants will be released in April.
He was talking to the Chinese envoy who called on him at his office in Islamabad.