Federal govt to privatize PIA, Railways, 64 other public entities

BusinessFederal govt to privatize PIA, Railways, 64 other public entities

ISLAMABAD: The Federal government has decided to privatize 64 public sector organizations including power and banking sector entities, says a news report.

According to reports, 34 entities will be finalized for privatization from petroleum, banking and power sectors before September 30.

Mega organizations like Pakistan Airlines International, Pakistan Steel Mills, Railways and others include in the list being prepared by the finance ministry.

These entities will be re-organized before the privatization, the ministry officials said and added that privatization process will be transparent.

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