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Oct
04

Federal Cabinet Committee Approved Privatization of 31 Departments/Corporations

Pakistan-EnergyCommittee-Cabinet-Crisis-NawazSharifIslamabad (Friday, October 4, 2013) – Federal cabinet’s committee for privatization has approved the privatization of 31 government entities / departments / corporations / enterprises / firms.

List of Departments to be Privatized:-

1- PIA

2- Pakistan Steel

3- Pakistan Railways

4- Pakistan Post

5- Pakistan State Oil (PSO)

6- Utility Stores Corporation

7- UBL

8- HBL

9- State Life corporation of Pakistan

10- Lakhra Power Project

11- IESCO

12- GESCO

13- FESCO

14- KESCO

15- HESCO

16- Pakistan machine Tool factory

17- PTDC Motels and restaurants

18- OGDC

19- Pakistan Mineral Development Corporation

20- Kot Addu Power project

21- Jamshoro Power Ltd.

22- Heavy Electrical Complex

23- National Power Construction Company

24- SME bank

and others seven.

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