MALDIVES TO SHARE PAKISTAN’S PRIVATISATION EXPERIENCE
 

Islamabad, February 25, 2010

 
Maldives intends to share Pakistan’s privatisation experience in the field of education, health and tourism. Dr. Aishath Shehenaz Adam High Commissioner of Maldives to Pakistan stated this during her meeting with Senator Waqar Ahmed Khan Federal Minister for Privatisation here today.

Senator Waqar Ahmed Khan briefed the High Commissioner regarding the Privatisation Program of Pakistan and the modes adopted to execute it in the past. He also explained new concept of Public Private Partnership (PPP). “We are in the process of the restructuring of our transactions in the Oil & Gas, Energy and Transport sectors to offer them through a fair and transparent process by providing level playing field to both local and foreign potential and professional business groups for improving the performance, efficiency and production of State Owned Entities”, he said.

He said that Maldives could become hub for interacting with the business groups of Middle East and Far East countries by holding Conferences. Pakistan’s Privatisation Program dealt with the Brown field projects while Green field projects were also open for the private sector in almost all the areas, he added.

Dr. Aishath Shehenaz Adam High Commissioner of Maldives informed the Minister that Maldives was in the process of bringing in fresh investments for building, schools, hospitals and developing new tourist resorts through private sector.

The Envoy also discussed the matters beneficial to both the countries and to further improve the existing bilateral relations. Mr. Shahab Khawaja Federal Secretary Ministry of Privatisation was also present during the meeting.