PESHAWAR: The Ministry of Privatisation has auctioned the Lalazar Batundi Rest House in Mansehra District of Khyber Pakhtunkhwa (KP) for Rs72 million. The auction process was completed in a local hotel in Abbottabad yesterday. Six private companies had registered for the auction process. The land auction was started at Rs21.76 million and Hashim Swati of Swat Tourism Development Project made a successful bid. DG Naqvi said that after a gap of seven years, the process of auctioning additional assets has been started in the country.

Source: Pakistan Today September 25, 2020 17:48 UTC