ISLAMABAD – Prime Minister Imran Khan on Wednesday said that the privatisation of non-profit organizations and un-utilized properties is in the best interest of the country.
The prime minister chaired a high-level meeting in Islamabad on Wednesday.
The meeting was attended by Minister for Planning Asad Umar, Minister for Privatization Mian Mohammad Soomro, Finance Advisor Dr Abdul Hafiz Shaikh, Commerce Advisor Abdul Razak Dawood, Advisor on Reforms Dr Ishrat Hussain, Special Assistant to the Prime Minister on Information Dr Firdous Ashiq Awan, Privatization Division secretary and senior officials.
The Privatization Division secretary briefed the prime minister about the progress on privatization of various government institutions and properties.
The meeting was told that process of privatization of seven institutions and properties would be completed this year and that include two RLNG power plants, SME Bank, Services International Portal Lahore, Jinnah Convention Centre Islamabad and 27 government land.
The prime minister was told the seven transactions would be completed by May and June by this year.
PM Imran Khan directed to expedite the process of privatization of various government organizations and state-owned properties in the country.
Imran Khan also ordered the concerned authorities that Inter-ministerial coordination should be improved to facilitate privatization process in an effective manner.