Sindh Engineering News Today

ISLAMABAD: The first session of the Cabinet Committee on Privatization (CCoP) under Foreign Minister Ishaq Dar...

For the last few months, privatization has been a key component of economic news. The previous government, interim...

The active list of privatization comprises 25 state enterprises

PSM has suffered loss of Rs18m due to stealing of machinery, assets since 2021

The government plans to gradually off-load the majority of existing State-Owned Enterprises that number about 212, to restructure the remaining units in short-term, and not to establish any new public sector entity in future unless required for...

Analysing Pakistan’s economy, the World Bank expects it to grow by only 0.4 percent in the current fiscal year ending June 30, due to a variety of factors, including impacts of devastating floods last year, depletion of foreign exchange...

Senate panel told that the initiative would help create more jobs

| By our correspondent ISLAMABAD: The government is expected to complete the privatisation of Heavy Electrical Complex (HEC) by the mid of the current year as it has already shortlisted investors for issuance of request for statement of qualification, officials said on Thursday. The officials told a weekly meeting on privatisation transactions that 12 expressions of interest had been shortlisted for HEC. The meeting was chaired by Minister for Privatisation Mohammedmian Soomro. In November las...

Heavy Electrical Complex expected to be privatised by June Business February 19, 2021 ISLAMABAD: The government is expected to complete the privatisation of Heavy Electrical Complex (HEC) by the mid of the current year as it has already shortlisted investors for issuance of request for statement of qualification, officials said on Thursday. The officials told a weekly meeting on privatisation transactions that 12 expressions of interest had been shortlisted for HEC. The meeting was chaired by...