ISLAMABAD – Prime Minister Imran Khan has expressed the commitment to bringto use the unutilized properties worth billions of rupees in a productivemanner for welfare of the people.
Chairing a meeting in Islamabad on Wednesday, he said the money earned fromthe unused properties will be spent on welfare of the masses andimprovement of basic facilities such as schools, colleges and hospitals.
The Prime Minister said different departments of the federal government arefacing losses of billions of rupees on annual basis regardless of the factthat they own these properties.
He said a criminal negligence was meted out in the past by not using theseproperties.
Imran Khan categorically stated that strict action will be taken againstthe officials who will not identify the unusable properties or createhurdles in their proper utilization.
The Prime Minister directed the Asset Management Committee, relevantfederal departments and provincial governments that all matters pertainingto identified properties be sorted out in the next one week so that theycould be efficiently used.
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Secretary Privatisation Rizwan Malik informed the meeting that everyministry was given directions to identify at least three properties in thelight of the cabinet decisions.
He said in the first phase, various ministries have so far identifiedthirty two properties.
He said marketing of these properties will be done at Dubai Expo in orderto attract foreign investment including that of expatriates.
