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‘Privatisation of Heavy Electrical Complex, Jinnah Convention by yearend’ July 8, 2021 ISLAMABAD: Privatisation transactions of Heavy Electrical Complex and Jinnah Convention Center are expected to complete by the end of this year, a meeting was told on Wednesday. Presiding over the meeting, Minister for Privatisation Mohammedmian Soomro said on Wednesday the focus is on the timely completion of the transactions, which were already extended due to the COVID-19 pandemic. “We are resolved to compress the timelines for the transaction completion of the identified entities and putting an ...

While the two countries celebrate the seven-decade long, rewarding and valuable Pakistan-China friendship, the writer reflects on the special gesture of Jiang Zemin, the Chinese president , inviting his old Pakistani friends to the dinner during...

The Ministry of Privatization has officially floated tenders for privatization of the Jinnah Convention Center (JCC), as per the official notification

| 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 last, Cabinet Committee on Privatisation approved the transaction structure for the divestment of 96.6 ...

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 Minister for Privatisation Mohammedmian Soomro. In November last, Cabinet Committee on Privatisatio...