Times of Islamabad

PTI government unveils list of institutions for privatisation priority

PTI government unveils list of institutions for privatisation priority

ISLAMABAD – National Assembly resumed its session at the Parliament Housein Islamabad on Thursday with Speaker Asad Qaiser in the chair.

At the outset, the house offered Fateha for the three soldiers martyred interrorist attack in North Waziristan yesterday.

The National Assembly was informed today that the present government hasapproved eleven projects relating to water, energy and communication sincecoming to power last year.

Parliamentary Secretary for Planning and Development Kanwal Shauzab toldthe house during question hour today that these projects will benefit theentire country. She said the government is developing a policy forequitable development of less developed districts to bring them at par withother developed districts of the country.

She said one special Economic Zone is being established at Rashakai underChina Pakistan Economic Corridor project. The location for the zone wasidentified by Khyber Pakhtunkhwa government.

Minister of State for Parliamentary Affairs Ali Muhammad Khan told thehouse that an international level research university will be constructedat the PM House as per the commitment made by Prime Minister Imran Khan.He said by laws of CDA will be changed for this purpose.

Minister of State for Parliamentary Affairs Ali Muhammad Khan told thehouse that Pakistan Steel Mills is not being privatized but it will berevived.

He said initially we want to privatize two RLNG plants, two banks, JinnahConvention center, Lakhra Coal Development Company and residual shares ofMari Petroleum limited. He said institutions such as Pakistan Steel Mills,PIA, Radio Pakistan, PTV and Pakistan Post are national assets.

Parliamentary Secretary for Finance Makhdoom Zain Hussain Qureshi informedthe house that a domestic resource mobilization program will be launchedfrom 1st of July with the aim to broaden the tax base. He said this programof four hundred million dollars will be financed by the World Bank.