Times of Islamabad

Federal government goes for open auction bidding of 27 land assets

Federal government goes for open auction bidding of 27 land assets

ISLAMABAD – Federal government goes for open auction bidding of 27 landassets.

The Cabinet Committee on Privatization has allowed open auction bidding oftwenty seven land assets owned by federal government .

The privatisation of entities would be done in pursuance of a federalcabinet decision to dispose of unproductive state lands and assets.

The decision was taken at a meeting of the Cabinet Committee onPrivatization held in Islamabad on Tuesday with Adviser to Prime Ministeron Finance Dr. Abdul Hafeez Shaikh in the chair.