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The US investors will take part in the Privatisation Program of Pakistan under
new Privatisation Policy of Public Private Partnership (PPP). Ms. Anne
Paterson US envoy to Pakistan expressed these views during a meeting with Syed
Naveed Qamar Federal Minister for Privatisation here today.
Syed Naveed Qamar Federal Minister for Privatisation said that the government
was committed to the privatisation of public sector entities through a
competitive, transparent, fair and open process to improve the efficiency,
production, bring in expertise, latest technology and fresh investments in the
larger interest of the nation. The new devised policy will be focused to bring
in efficiency and improvement in the Public Sector Entities to increase the
value of national assets and not to go for out right sale. In this regard the
Minister discussed the possibility of involvement of USAID in the
privatisation process.
Syed Naveed Qamar welcomed the US investor’s indication to participate in
Pakistan’s Privatisation Program and hoped that it would enhance the
interaction between the investors of both the countries.
The envoy informed the Minister that the US entrepreneurs already working in
Pakistan were having continued interest to work and safeguard their businesses
in Pakistan and were looking forward to the opportunities to further increase
their operations by expanding the existing projects and to explore new avenues
for investment.