{"id":57685,"date":"2019-11-18T12:33:11","date_gmt":"2019-11-18T07:33:11","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=57685"},"modified":"2019-11-18T12:36:15","modified_gmt":"2019-11-18T07:36:15","slug":"pm-directs-timely-privatisation-govt-institutions","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pm-directs-timely-privatisation-govt-institutions.html","title":{"rendered":"PM directs for timely privatisation of govt institutions"},"content":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan has directed the Ministry of Privatisation to complete the transfers of several state-owned enterprises to the private sector within a stipulated time frame, a news source reported. Further, he stated that the government would provide every possible assistance to facilitate the completion of this process.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/ecc-to-discuss-fuel-offtake-commitments-regarding-lng-plants-privatisation.html\" target=\"_blank\" rel=\"noopener noreferrer\">ECC to discuss fuel offtake commitments regarding LNG plants privatisation<\/a><\/p>\n<p>He expressed his views on the matter during a meeting with Secretary Privatisation Rizwan Malik, who presented a progress report on the privatisation process to the PM. The secretary said that the underperforming organisations would be privatised; along with public property which had not yielded profits for the past many years.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/balochistan-governor-calls-for-increased-privatisation.html\" target=\"_blank\" rel=\"noopener noreferrer\">Balochistan governor calls for increased privatisation<\/a><\/p>\n<p>Members of the meeting were informed that the privatisation of Balloki Power Plant, Haveli Bahadur Shah Power Plant, Services International Hotel Lahore, Jinnah Convention Centre, and SME Bank was reaching completion, with some help of <a href=\"https:\/\/www.zameen.com\/news\/govt-to-earn-usd-2bn-from-privatisation-of-balloki-haveli-bahadur-shah-power-plants.html\" target=\"_blank\" rel=\"noopener noreferrer\">foreign aid<\/a>. The processes for First Women Bank, State Life Corporation, Nandipur Power Plant, Guddu Power Plant, and Pak Petroleum Limited had been started as well. The meeting was also informed of the sale of valuable properties held by various government departments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan has directed the Ministry of Privatisation to complete the transfers of several state-owned enterprises to the private sector within a stipulated time frame, a news source reported. Further, he stated that the government would provide every possible assistance to facilitate the completion of this process. Read:\u00a0ECC to discuss fuel offtake commitments regarding LNG plants privatisation He expressed his views on the matter during a meeting with Secretary Privatisation Rizwan Malik, who presented a progress report on the privatisation process to the PM. The secretary said that the underperforming organisations would be privatised; along with public property which had not yielded profits for the past many years. Read:\u00a0Balochistan governor calls for increased privatisation Members of the meeting were informed that the privatisation of Balloki Power Plant, Haveli Bahadur Shah Power Plant, Services International Hotel Lahore, Jinnah Convention Centre, and SME Bank was reaching completion, with some help of foreign aid. The processes for First Women Bank, State Life Corporation, Nandipur Power Plant, Guddu Power Plant, and Pak Petroleum Limited had been started as well. The meeting was also informed of the sale of valuable properties held by various government departments.<\/p>\n","protected":false},"author":74,"featured_media":57398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14003],"persona":[],"class_list":{"0":"post-57685","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-pm-directs-for-timely-privatisation-of-govt-institutions"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PM directs for timely privatisation of govt institutions - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Prime Minister (PM) Imran Khan has directed the Ministry of Privatisation to complete the transfers of several state-owned enterprises to the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pm-directs-timely-privatisation-govt-institutions.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM directs for timely privatisation of govt institutions - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Prime Minister (PM) Imran Khan has directed the Ministry of Privatisation to complete the transfers of several state-owned enterprises to the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pm-directs-timely-privatisation-govt-institutions.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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