Islamabad: The National Assembly’s standing committee on privatisation constituted a sub-committee to review privatisation policy.
The committee after reviewing the privatisation policy of Privatisation Commission would submit its report to the standing committee.
The committee would comprise Khawaja Sohail Mansoor, Muhammad Pervaiz Malik, Shugufta Jumani, Lt. Gen. (retd) Abdul Qadir Baloch and Nawab Ali Wassan.
The NA committee met here on Thursday under the Chairmanship of Malik Bilal Rehman, MNA, to discus the privatisation of new entitles and reports of the action taken on the recommendations of the standing committee in its last meeting. Federal Minister Ghous Bux Mahr and Secretary, Ministry of Privatization, Shahid Hussain Raja briefed the Committee about the new entities to be privatized by the Privatization Commission.
The secretary informed that it was decided that OGDCL and Pakistan Petroleum Limited (PPL) would be privatised in the month of December, however, due to some reasons now it will be executed in January-February, 2012. He also informed that CCI has already approved, on 28th April, 2011 of the privatization of three GENCOs and nine DISCOs.
The committee was briefed by the Secretary, Ministry of Privatization about the privatization of Pakistan Mineral Development Corporation (PMDC).
The meeting was attended by Capt. (Retd) Rai Ghulam Mujtaba Khural, Mr. Nawab Ali Wassan, Mrs. Nisar Tanveer, Mrs. Mamoona Hashmi, Mr. Omer Sohail Zia Butt, Khawaja Sohail Mansoor, Mr. Muhammad Pervaz Malik, Lt. General (Retd) Abdul Qadir Baloch, Mr. Manwer Lal, and Ms. Shagufta Jumani, MNAs and Minister for Privatization, besides the Officers from Ministry of Privatization.
