{"id":83263,"date":"2022-01-23T10:00:00","date_gmt":"2022-01-23T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=83263"},"modified":"2022-01-21T20:37:22","modified_gmt":"2022-01-21T15:37:22","slug":"international-investors-pre-qualified-psm-revival","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html","title":{"rendered":"International investors pre-qualify for PSM revival"},"content":{"rendered":"\n<p>Islamabad: The Privatisation Commission on Thursday (January 20) granted approval for six pre-qualified investors for the revival of Pakistan Steel Mills (PSM), according to media reports.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/t-privatisation-of-stated-owned-entities.html\" target=\"_blank\" rel=\"noreferrer noopener\">Target set for privatisation of stated-owned entities including PSM<\/a><\/p>\n\n\n\n<p>Federal Minister Privatisation Mohammed Mian Soomro chaired a Privatisation Board meeting to discuss the report related to the prequalification of <a href=\"https:\/\/www.zameen.com\/news\/investments-invited-psm.html\" target=\"_blank\" rel=\"noreferrer noopener\">potential investors<\/a>. During the meeting, the minister ordered the legal team to recover the amounts payable to the Ministry of Privatisation.\u00a0<\/p>\n\n\n\n<p>Reportedly, six interested international investors submitted Statement of Qualification (SOQs). A prequalification committee was established to survey the pre-qualified parties.&nbsp;<\/p>\n\n\n\n<p>Similarly, Federal Minister Soomro held a meeting to review the ongoing privatisation program. In the meeting, the PC briefed the attendees that the Ministry of Commerce (MoC) has not yet decided whether to divest 24.4% shareholding in Pakistan Reinsurance Company Ltd. The meeting also discussed the list of active privatisations, which encompassed companies from different sectors including power, industrial and financial sectors.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/pc-board-approves-sale-majority-shares-psm.html\" target=\"_blank\" rel=\"noreferrer noopener\">Privatisation Commission board approves sale of majority shares in PSM<\/a><\/p>\n\n\n\n<p>Moreover, the meeting was informed that the expression of interest for House Building Finance Company Ltd (HBFCL) has been published. It was mentioned that the deadline to submit applications was January 31, 2022, and the privatisation process is expected to be completed by June 2022.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Privatisation Commission on Thursday (January 20) granted approval for six pre-qualified investors for the revival of Pakistan Steel Mills (PSM), according to media reports.\u00a0 Read: Target set for privatisation of stated-owned entities including PSM Federal Minister Privatisation Mohammed Mian Soomro chaired a Privatisation Board meeting to discuss the report related to the prequalification of potential investors. During the meeting, the minister ordered the legal team to recover the amounts payable to the Ministry of Privatisation.\u00a0 Reportedly, six interested international investors submitted Statement of Qualification (SOQs). A prequalification committee was established to survey the pre-qualified parties.&nbsp; Similarly, Federal Minister Soomro held a meeting to review the ongoing privatisation program. In the meeting, the PC briefed the attendees that the Ministry of Commerce (MoC) has not yet decided whether to divest 24.4% shareholding in Pakistan Reinsurance Company Ltd. The meeting also discussed the list of active privatisations, which encompassed companies from different sectors including power, industrial and financial sectors. Read: Privatisation Commission board approves sale of majority shares in PSM Moreover, the meeting was informed that the expression of interest for House Building Finance Company Ltd (HBFCL) has been published. It was mentioned that the deadline to submit applications was&hellip;<\/p>\n","protected":false},"author":83,"featured_media":69903,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[50694,50696,50023],"persona":[],"class_list":{"0":"post-83263","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-international-investors-pre-qualified-for-psm-revival","9":"tag-ministry-of-privatisation","10":"tag-pakistan-steel-mills-psm","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>International investors pre-qualify for PSM revival - Zameen News<\/title>\n<meta name=\"description\" content=\"The Privatisation Commission on Thursday (January 20) granted approval for six pre-qualified investors for the revival of Pakistan Steel Mills (PSM)...\" \/>\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\/international-investors-pre-qualified-psm-revival.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International investors pre-qualify for PSM revival - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Privatisation Commission on Thursday (January 20) granted approval for six pre-qualified investors for the revival of Pakistan Steel Mills (PSM)...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-23T05:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/08\/Ministry-Of-Privatization.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Iqra Masood\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Iqra Masood\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"International investors pre-qualify for PSM revival - Zameen News","description":"The Privatisation Commission on Thursday (January 20) granted approval for six pre-qualified investors for the revival of Pakistan Steel Mills (PSM)...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html","og_locale":"en_US","og_type":"article","og_title":"International investors pre-qualify for PSM revival - Zameen News","og_description":"The Privatisation Commission on Thursday (January 20) granted approval for six pre-qualified investors for the revival of Pakistan Steel Mills (PSM)...","og_url":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2022-01-23T05:00:00+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/08\/Ministry-Of-Privatization.jpg","type":"image\/jpeg"}],"author":"Iqra Masood","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Iqra Masood","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html"},"author":{"name":"Iqra Masood","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/377abfe4dc60870161cf052d458a2925"},"headline":"International investors pre-qualify for PSM revival","datePublished":"2022-01-23T05:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html"},"wordCount":218,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/08\/Ministry-Of-Privatization.jpg","keywords":["International investors pre-qualified for PSM revival","Ministry of Privatisation","Pakistan Steel Mills (PSM)"],"articleSection":["Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html","url":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html","name":"International investors pre-qualify for PSM revival - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/08\/Ministry-Of-Privatization.jpg","datePublished":"2022-01-23T05:00:00+00:00","description":"The Privatisation Commission on Thursday (January 20) granted approval for six pre-qualified investors for the revival of Pakistan Steel Mills (PSM)...","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/08\/Ministry-Of-Privatization.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/08\/Ministry-Of-Privatization.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/international-investors-pre-qualified-psm-revival.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"International investors pre-qualify for PSM revival"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/377abfe4dc60870161cf052d458a2925","name":"Iqra Masood","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/istockphoto-917649844-170667a-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/istockphoto-917649844-170667a-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/istockphoto-917649844-170667a-96x96.jpg","caption":"Iqra Masood"},"description":"Iqra holds BS in International Relations and is passionate about writing engaging content on trending real estate topics. When not working, she is either spending time with family, shopping, or discussing shows &amp; movies.","sameAs":["http:\/\/zameen.com"],"url":"https:\/\/www.zameen.com\/news\/author\/iqramasood"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/83263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=83263"}],"version-history":[{"count":2,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/83263\/revisions"}],"predecessor-version":[{"id":83281,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/83263\/revisions\/83281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/69903"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=83263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=83263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=83263"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=83263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}