Monno urges for privatisation of Business related entities

ISLAMABAD—All the public sector entities involved in the business activity need to be privatized in a most transparent, open and professional manner at the better price.
Shahzada Alam Monnoo Federal Minister for Privatisation & Investment stated this while chairing a meeting of the Officers and Consultants of the Privatisation Commission here on Tuesday.
The Minister said that the bottlenecks and hurdles in all the transactions must be removed well in advance in order to get maximum proceeds.
He further stated that the real essence of the privatisation process should be that after the completion of the process and the transfer of management control to the successful bidder, the entities should remain the property of the country.—Online