The envoy of Czech Republic, Pavol Sepelak and the Ambassador of Greece to Pakistan, Petros Mavroidis held meeting with the Federal Minister for Privatisation Senator Waqar Ahmed Khan, here on Friday. Senator Waqar apprised the envoys regarding the endeavour being made by the Privatisation Commission for improving the management and the efficiencies of the State Owned Entities (SOEs) through reverse mergers.
While highlighting the salient features of the steps being taken for value addition of the SOEs, the minister informed that the major investment houses were being engaged through an open and transparent process to induce more business opportunities in these entities which would make the value of these assets much higher.
The PIA, OGDCL, PPL, SNGPL, SSGC, PSMC, Pakistan Railways, Postal services were among these entities, he added. He urged upon the envoys to help in organising access to the top management of the major companies of their respective countries for generating maximum interest in Pakistan's Privatisation Programme.-PR