|
|
Article: PN (Pakistan Plans Share Sales in 3 Companies This Year-Says Naveed Qamar).
- Article from:
- PPI - Pakistan Press International
- Article date:
- March 27, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Islamabad, March 27 (PPI): Federal Minister for Privatization, Syed Naveed Qamar has said that Pakistan plans to sell stakes in at least three companies by the end of June, reviving an asset sale program stymied by political instability and a slowing economy. This will be the start of our program with a new concept of modernizing companies with efficient management rather than a fund-raising target, Privatisation Minister Naveed Qamar said in an interview with foreign media. Ministry officials will meet potential buyers for National Power Construction Co. (NPCC) on March 28 to set a bidding date as early as next month, he said. Stakes in Jamshoro Power Co. (JPC) and Heavy ...