|
|
|
|
|
The Privatisation Commission has received nine (9) Expression of Interest
(EOIs) from parties/ Groups to own and run a five star hotel on prime land on
Shahrah-e-Quaid-e-Azam, Lahore, which is presently titled as “Services
International Hotel (SIH)” with an area of fifteen (15) Kanals and four (4)
Marlas.
The parties submitting EOIs include 1. Associated Group, Lahore, 2. Bahria
Town (Pvt) Ltd, Rawalpindi, 3. Hashwani Hotels Ltd, 4. Marwat Enterprises (Pvt)
Ltd, Lahore 5. Regent Plaza, Karachi, 6. SA Builders, Lahore, 7.Tri Star
Group, Islamabad, 8. Noor Financial Investment Company, Kuwait and 9.
Consortium of Sapphire Textile Mills Limited, Lahore.
The available clear title of the land is in the name of Punjab Cooperatives
Board for Liquidation (PCBL) to operate a hotel. The bidders for the land
shall undertake to commence construction and operate a high-rise state of the
art five star hotel in an agreed time frame.