This was shared by Federal Privatisation Minister Mainmuhammad Soomro in a press conference along with Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan and Privatisation Secretary Rizwan Malik. The government will sell off these entities to generate more than Rs150 billion that would be utilised on debt servicing and public welfare projects. Mian Soomro said that the government had received 12 bids for privatization of National Power Parks Management Company Limited (NPPMCL). The government has also decided to sell 27 government-owned unproductive properties through an open auction in the next two months. Rizwan Malik also said that the government has also decided to transfer three government-owned unproductive properties to Naya Pakistan Housing scheme and we will get a handsome amount for these properties.

Source: Pakistan Today January 29, 2020 16:37 UTC