ISLAMABAD (Online): Minister for privatization Abdul Aleem Khan has said 10 larger institutions have expressed interest for privatization of PIA so far and obtained elementary documents.
“Privatization Commission (PC ) is extending PIA privatization for 15 days. The documents regarding expression of interest can be filed till May 18 and this date will not be further extended, he said this during media briefing here Friday.
He went on to say in certain news papers correct statistics with reference to privatization of PIA have not been given while real situation is encouraging because this institution has such potential now too that it can be transformed into profit yielding institution by integrating new planes.
He went on to say the privatization of PIA which is running into deficit of Rs 830 billion is in national interest. I am sure whenever Bilawal Bhutto comes to know the real facts, he will support privatization too.
He indicated that Steel Mills, DISCOs, First women bank, house building finance corporation and other institutions are too being privatized.
He pointed out that government wants to privatize 6 to 7 DISCOs.