Islamabad: Pakistan’s Federal Minister for Privatization Ghous Bux Maher has said that government provided level playing field to foreign and local investors through a transparent and open process of privatization.
He was speaking to the Ambassador of the Republic of Korea to Pakistan Choong Joo Choi, who called him on Wednesday. First Secretary on Economic Affair in Korean embassy Park Jung Ho also flanked the ambassador.
The minister said that the key of privatization process is to enhance the value of national assets of Pakistan by associating the professionals from the private sector. “Korean investors and companies can play significant role by participation in Pakistan’s Privatization Program”, he added.
Earlier, the Secretary Privatization Shahid Hussain Raja briefed the Korean ambassador regarding the privatization policies and invited the Ambassador for the active participation of Korean investors in to invest in power distribution companies so as Pakistan could get rid of energy crises.
The ambassador of the Republic of Korea to Pakistan Choong Joo Choi assured the Minister to attract Korean business group for participation in Pakistan’s Privatization Program and suggested frequent exchange of business delegations between both the countries.
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