Pakistan, Aug. 8 -- The federal government has decided to privatise 24 state-owned enterprises (SOEs) in three phases. According to details presented in the National Assembly by Federal Minister for Privatization, Abdul Aleem Khan, ten institutions are slated for privatisation within the first year, followed by 13 more over the next one to three years. The final phase, spanning three to five years, will include the privatisation of one remaining entity. As per the written statement, in the first phase, major entities such as Pakistan International Airlines (PIA), Roosevelt Hotel New York, First Women Bank Limited, House Building Finance Corporation, and Zarai Taraqiati Bank will be privatized. Also included are Sindh Engineering Limited, ...
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