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All Stories: Privatization

PIA privatization bid to ‘take place’ tomorrow in Islamabad

The final bidding process for the privatization of Pakistan International Airlines (PIA) is scheduled to take place tomorrow (Thursday) in Islamabad, ARY News reported,...

Govt forms negotiation committee for privatization

ISLAMABAD: The federal government on Monday decided to form a negotiation committee to assist in privatize several public institutions, ARY News reported. A Privatization Commission...

Govt decides not to privatize expo centers across Pakistan

LAHORE: The federal government has decided not to privatize expo centers across Pakistan, ARY News reported. According to CEO of Expo Center Mariam Khawar, the...

Phenomenon of privatization

There is plenty of talk about the urgent need of privatizing many State-Owned Enterprises that have become money guzzlers and are proving to be...

Govt prioritizes transparency in DISCOs privatization: Minister

ISLAMABAD: Minister for Privatization Abdul Aleem Khan has said that the government is committed to openness and transparency in all of the privatization transactions,...

PSO, PARCO and Sui Gas privatization referred to center

ISLAMABAD: The decision to privatize major state-owned energy companies, including Pakistan State Oil (PSO), Pak Arab Refinery Company (PARCO), and Sui gas companies, has...

You cannot solve problems by selling state entities: Shazia Marri

ISLAMABAD: Shazia Marri has said that Pakistan People's Party has not been part of the government, ARY News reported on Tuesday. Addressing a press conference...

PM Kakar directs to expedite PIA privatization

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Tuesday directed the authorities concerned to expedite the privatization process of Pakistan International Airlines (PIA), the national...

IMF demands utility stores’ privatization across Pakistan

As part of recommendations to improve the economic situation, the International Monetary Fund (IMF) on Tuesday called upon Pakistan’s government, to demand the privatization...

‘Will someone stop this madness?’, Tarin worried about privatization

Former Finance Minister Shoukat Tarin has said that the federal cabinet has signed an ordinance for the privatization of state assets, ARY News reported.  https://t.co/3ECDPWexfl *PDM...

Plan to revive Pakistan Steel Mills presented before cabinet body

ISLAMABAD: Chairman privatization commission has presented a plan to revive Pakistan Steel Mills before a cabinet body headed by Finance Minister Miftah Ismail, ARY...

IMF talks: Hike in electricity prices by Rs7, privatization of DISCOs planned

ISLAMABAD: Federal government has decided to hike electricity prices by Rs7 besides privatization of profitable public-owned DISCOs after talks with the International Monetary Fund...

Pakistan Railways hands over KCR, Shah Latif Express to private sector  

KARACHI: Pakistan Railways has decided to hand over Shah Latif Express and Karachi Circular Railway (KCR) project to the private sector to be run...

PM orders maximum revenue from privatization process

ISLAMABAD: Advisor on Finance Shaukat Tarin and Minister for Privatization Muhammad Mian Soomro on Thursday called on Prime Minister Imran Khan here in Islamabad,...

Homework for privatisation of PSM completed: minister

ISLAMABAD: Privatisation Minister Mian Muhammad Soomro has said that the ministry has completed the homework for the privatisation of state-owned Pakistan Steel Mills (PSM)...

Privatization committe mulls over ways to revive steel mills, other entities

ISLAMABAD: The Privatization committee meeting on Friday chaired by the federal minister Mohammed Mian Soomro discussed the revival of Pakistan Steel Mill (PSM) and...

SME Bank, Heavy Electrical Complex to be privatize during current FY

The privatization process of SME Bank, Services International Hotel (SIH), Jinnah Convention Center (JCC), and Heavy Electrical Complex (HEC) will be completed during the current fiscal year.

Cabinet body removes PTV from list of state institutions to be privatized

The committee took the decision on the request of the ministry for information and broadcasting.

Privatization: 97 pc Heavy Electrical Complex govt stake to be sold out

Finance advisor in this connection has directed federal industries minister to oversee redressal of permanent employees' matters following the sell out.

23 govt properties sold out last month for Rs1 bn: Muhammad Mian Soomro

We initiated the process to auction 26 government-owned lands last month, said the federal privatization minister.
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