ISLAMABAD: GoP’s Ministry of Privatisation took to the X to congratulate the winning Consortium for the PIA bid, led by Arif Habib Ltd.
Commenting on the development, Finance Minister said: “It takes a lot of time and effort to get to a good place where we are today,….
“All of the bidders today are from Pakistan. I used to say that no matter which team wins, Pakistan would win.”
“The fact that they have stepped up is a doubtless sign that anyone who is the successful bidder will take it not only to where we were, but where we need to be in the comity of nations,” Aurangzeb added.
“We need to stop the bleeding and losses, but more importantly, our institutions need to be part of the comity of nations, and we will take them there,” he added.
Aurangzeb also expressed hope that the bidding would increase the number of local investors and, in turn, the number of foreign investors entering the country.
“The government, through the privatisation of business entities under state custody, will not only save itself from losses in the thousands of billions but also accelerate the process of economic recovery,” he wrote, congratulating the privatisation commission.
Newspakistan.tv
