PC HOLDS CONFERENCE ON “PRIVATISATION WITH PUBLIC PRIVATE PARTNERSHIP TOMORROW ON FRIDAY

Islamabad, July 02, 2009

The Privatisation Commission is holding a one-day Conference on, “Privatisation with Public Private Partnership” at a local hotel in Islamabad on Friday July 3, 2009. Syed Naveed Qamar Federal Minister for Privatisation will chair the Conference while Mr. Shaukat Tarin, Advisor to PM on Finance, Revenue, Economic Affairs and Statistics will be the Chief Guest.

The Conference includes one plenary and three technical sessions, to be addressed by eminent bankers and investors. Mr. Yusupha Crookes, Country Director, The World Bank will speak on “World Bank’s perspective on the privatisations that have happened in Pakistan”, Dr. Ishrat Hussain, Director and Dean, IBA, Karachi on “ Recent Privatisations in Pakistan and their impacts on respective sectors”, Dr. Ashfaq Hasan Khan, Dean NUST Business School on “Socio Economic impacts of privatisation” and Mr. Saeed Ahmed Qureshi, Former Secretary General Finance on “Nationalization and Privatisation in the current age”.

In the first Technical Session “ Privatisation policy 2009: International best practices in privatisation” will be discussed while Mr. Salman Ali Shaikh, Chairman SECP will be the Panel Chairman while the panel includes Mr. Moazzam Mekan, Director, International Finance Corporation, Dubai, Mr. Khalid Nazir, Corporate Vice President, AEI, Middle East, Mr. Abdullah Yousaf, Former Secretary, PC and Chairman, FBR and Mr. Jahangir Masud, MD, PMD International, London.

“Innovative structuring of privatisation transactions in power, infrastructure and capital markets” will be discussed in the Second Technical Session chaired by Mr. Shahzada Alam Monnoo, Eminent industrialist and former chairman PC while panel speakers include Mr. Ali Nadir Syed, MD and Head of Investment Banking, Middle East, Fairfax Investment Bank, Engr. Pervez Ahmed Butt, Member (Energy), Planning Commission, Mr. Ali Omar Iqtidar, Director Utilities & Power, Citi Group, Dubai, Mr. Zafar Ali Khan, Member, NEPRA and Mr. Naveed Ismail, MD, KESC.

The Third Technical Session will discuss “Investors’ / Stakeholders views regarding privatisation” with Mr. Sultan Allana, Chairman, Board of Directors, HBL in chair, Pir Saad Ahsanuddin, Director, Republic Engineering Corporation, Mr. Kairas N. Kabraji, Kabraji & Talibuddin, Karachi and Mr. Muneer Kamal, President & CEO, KASB Bank will speak on the subject.

The Secretary Privatisation Mr. Ahmed Jawad will welcome the delegates and will present the core findings of the three technical sessions. Syed Naveed Qamar Federal Minister for Privatisation will deliver his concluding address.