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A pre-bid moot for the sale of moveable and immovable assets of Services
International Hotel (SIH), Lahore on "as is where is basis" was held here
today under the Chairmanship of Sheikh Ikramullah, Secretary, PC. The basic
objective of the moot was to achieve consensus for finalization of Bid
Documents and also to respond the issues/ queries raised by the potential
bidders.
According to the decision of the Cabinet Committee on Privatisation (CCOP),
the Successful Buyer shall construct a five star industry standard hotel at
the prime location of Shahrah-e-Quaid-e-Azam, Lahore.
Nine (9) Expressions of Interest (EOIs) were received by PC from interested
parties. Among them six parties participated in the said meeting,which include
1. Associated Group, 2.Hashwani Hotels, 3. Marwat Enterprises, 4. Noor
Financial Investment Company, 5. S.A. Builders and 6. Tristar Group.
Mr. Shahid Rashid, Principal Secretary to Governor Punjab, Brig. M. Farooq
Maan, Chairman, Punjab Cooperative Board for Liquidation, Mr. Abid Javed Akbar,
Chairman, National Insurance Corporation, representatives of LDA and senior
officials of PC attended the meeting.