|
|
|
|
|
The Privatisation Commission Board members meeting being held on Monday
under the chairmanship of the Federal Minister for Privatisation & Investment
Dr.Abdul Hafeez Shaikh will review the progress regarding the privatization of
Habib Bank Limited (HBL) and Karachi Electric Supply Corporation (KESC). The
meeting will also finalise its recommendations for Cabinet Committee on
Privatisation (CCOP) on the bidding results for the sale of State Cement
Corporation of Pakistan (SCCP)'s 90 % shares in Thatta Cement Company Limited
and the third public offer of 3.2 % shares of National Bank of Pakistan, which
received over whelming response and were over subscribed. The meeting will
also review the implementation status of the decisions taken for accelerating
the pace of privatization process regarding a number of ongoing transactions
of various sectors.
PC reserves the right to reject or accept any EOI from any person. Parties
with relevant credentials who have submitted EOIs will be dispatched Request
for Statement of Qualifications (RSOQ).
It is an unique opportunity to acquire controlling interest in the integrated
power utility responsible for generation, transmission and distribution of
electricity to Karachi, the largest industrial and commercial city in Pakistan
with a commitment to continuing support by GoP and possible co-investment by
Asian Development Bank during turn around period.