The government will complete the privatization of nine state-owned enterprises this year
The government will complete the privatization of nine state-owned enterprises, including steel mills, this year.
The privatization of steel mills is expected to be completed in September this year. Two Chinese and one Russian company have expressed interest in privatizing Pakistan Steel Mills, which is expected to be auctioned in June.
According to the privatization commission documents, the privatization of SME Bank will be completed in April while the privatization of First Women Bank will be completed in October.
According to documents, the privatization of House Building Finance is also expected to be completed in October, while the marketing process for the privatization of Jinnah Convention Center has been completed and six investors have pre-qualified to bid for privatization for Services International Hotel. Are
In addition, privatization of Haveli Bahadur Power Plant and Blocky Power Plant is expected in February 2022.