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 land assets.

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

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

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