Published On: Wed, Jan 8th, 2014
Published in Category: Islamabad

Privatization Board ready to set strategy for 31 departments

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ISLAMABAD: Meeting of Privatization board will be held on Wednesday (Today) to set the strategy for privatization of 31 departments.

Sources from ministry of privatization said that in meeting board will mull over to prepare a priority list to privatize 10 departments till December 2014.

Sources more said that privatization of Pakistan International airlines (PIA), National Power Company (NPC) and convention center will remain top priorities in meeting, while privatization of any power distributing company is not under consideration.

It is also expected that board will mull over on the strategy to sale the government’s shares in Habib Bank Limited (HBL), United Bank Limited (UBL), Oil & Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL).