{"id":61180,"date":"2020-02-08T10:11:00","date_gmt":"2020-02-08T05:11:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=61180"},"modified":"2020-02-07T18:16:04","modified_gmt":"2020-02-07T13:16:04","slug":"minister-calls-speeding-privatisation-process","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/minister-calls-speeding-privatisation-process.html","title":{"rendered":"Minister seeks quick completion of privatisation drive in Punjab"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Lahore: Federal Minister for Privatisation Muhammad Mian Soomro has asked the Punjab government to expedite the ongoing privatisation of the Haveli Bahadur Shah Power Plant, Block Power Plant, Services International Hotel Lahore, as well as several other state enterprises, a news source reported.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-to-generate-pkr-150-bn-through-privatisation-of-state-owned-entities.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Govt to generate PKR 150 bn through privatisation of state-owned entities (opens in a new tab)\">Govt to generate PKR 150 bn through privatisation of state-owned entities<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He expressed his view on the matter during a meeting on\nprivatisation held on Thursday at the Civil Secretariat. Provincial Minister\nfor Law and Punjab Liquidation Board Committee Chairman Raja Basharat was also\npresent on the occasion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The participants reviewed the obstacles in the privatisation\nprocess and the changes that proposed in the local government laws and LDA\nrules.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Soomro praised the provincial government\u2019s cooperation with the Federal Privatisation Board. He further instructed the Lahore Development Authority (LDA) and the Privatisation Commission to speed up the work on privatisation. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-delists-five-properties-from-privatisation-list-hands-over-three-to-npha.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Govt delists five properties from privatisation list; hands over three to NPHA (opens in a new tab)\">Govt delists five properties from privatisation list; hands over three to NPHA<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In response, Basharat said that the Punjab government had amended\nLDA Land Use Rules 2019, and Private Housing Scheme Rules 2014 on power plants\nto speed the process of privatisation. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Federal Minister for Privatisation Muhammad Mian Soomro has asked the Punjab government to expedite the ongoing privatisation of the Haveli Bahadur Shah Power Plant, Block Power Plant, Services International Hotel Lahore, as well as several other state enterprises, a news source reported. Read: Govt to generate PKR 150 bn through privatisation of state-owned entities He expressed his view on the matter during a meeting on privatisation held on Thursday at the Civil Secretariat. Provincial Minister for Law and Punjab Liquidation Board Committee Chairman Raja Basharat was also present on the occasion. The participants reviewed the obstacles in the privatisation process and the changes that proposed in the local government laws and LDA rules. Soomro praised the provincial government\u2019s cooperation with the Federal Privatisation Board. He further instructed the Lahore Development Authority (LDA) and the Privatisation Commission to speed up the work on privatisation. Read: Govt delists five properties from privatisation list; hands over three to NPHA In response, Basharat said that the Punjab government had amended LDA Land Use Rules 2019, and Private Housing Scheme Rules 2014 on power plants to speed the process of privatisation.<\/p>\n","protected":false},"author":57,"featured_media":60311,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[18545],"persona":[],"class_list":["post-61180","post","type-post","status-publish","format-standard","has-post-thumbnail","tag-minister-seeks-quick-completion-of-privatisation-drive-in-punjab"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Minister calls for speeding up privatisation process - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: Federal Minister for Privatisation Muhammad Mian Soomro has asked the Punjab government to expedite the ongoing privatisation of the Haveli\" \/>\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\/minister-calls-speeding-privatisation-process.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minister calls for speeding up privatisation process - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: Federal Minister for Privatisation Muhammad Mian Soomro has asked the Punjab government to expedite the ongoing privatisation of the Haveli\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/minister-calls-speeding-privatisation-process.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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