{"id":342571,"date":"2023-07-11T00:25:21","date_gmt":"2023-07-10T19:25:21","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=342571"},"modified":"2023-07-11T00:25:21","modified_gmt":"2023-07-10T19:25:21","slug":"privatization-commission-allowed-to-proceed-sih-transaction","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/","title":{"rendered":"Privatization Commission allowed to proceed SIH transaction"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nCabinet Committee on Privatization (CCoP) Monday allowed Privatization Commission to proceed towards a successful conclusion of Services International Hotel (SIH) transaction with the completion of transfer\/mutation process in the name of the purchaser.<br \/>\nThe CCoP met here with Minister for Finance and Revenue Senator Mohammad Ishaq Dar in chair. Minister for Power Khurram Dastgir Khan, Minister for Commerce Syed Naveed Qamar, Minister for Privatization and Chairman Privatization Commission Abid Hussain Bhayo, SAPM on Finance Tariq Bajwa, SAPM on Revenue Tariq Mehmood Pasha, Chairman RRMC Ashfaq Yousuf Tola, federal secretaries and senior officials attended the meeting.<br \/>\nThe Privatization Commission submitted a summary regarding the privatization of SIH and updated the committee on its privatization process.<br \/>\nThe CCoP after a detailed discussion allowed Privatization Commission to proceed towards a successful conclusion of SIH transaction with the completion of transfer\/mutation process in the name of the purchaser.<br \/>\nThe Privatization Commission also presented a summary on the privatization of House Building Finance Company Ltd (HBFCL) with one single (pre-qualified) bidder.<br \/>\nAfter detailed deliberations, CCoP decided to allow Privatization Commission to proceed with single source\/negotiated transaction for Privatization of HBFCL with sole pre-qualified investor namely Pakistan Mortgage Refinance Company Ltd (PMRCL).<br \/>\nThe Privatisation Commission tabled a summary related to Budget Estimates of the Privatization Commission for Fiscal Year 2023-24 to the tune of Rs. 1248.8 million. The CCoP after detailed deliberation approved the summary.<br \/>\nThe Privatisation Commission also presented summaries on privatisation of Pakistan Engineering Company (PECO) and privatization of Sindh engineering Limited (SEL) and briefed the meeting on their status.<br \/>\nThe CCoP after discussion deferred both the summaries with directions that Secretary Privatization Commission, Secretary Law and Justice and Secretary Industries &#038; Production may hold mutual consultations and come up with future course of action in both cases.<br \/>\nThe Privatization Commission also updated the CCoP on the status of privatization process of Roosevelt Hotel. The CCoP after discussion deferred the summary with direction to submit an update on the privation of Roosevelt Hotel after consultation with Aviation Ministry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD Cabinet Committee on Privatization (CCoP) Monday allowed Privatization Commission to proceed towards a successful conclusion of Services International Hotel (SIH) transaction with the completion of transfer\/mutation process in the name of the purchaser. The CCoP met here with Minister for Finance and Revenue Senator Mohammad Ishaq Dar in chair. Minister for Power Khurram Dastgir [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":342593,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-342571","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Privatization Commission allowed to proceed SIH transaction<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Privatization Commission allowed to proceed SIH transaction\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD Cabinet Committee on Privatization (CCoP) Monday allowed Privatization Commission to proceed towards a successful conclusion of Services International Hotel (SIH) transaction with the completion of transfer\/mutation process in the name of the purchaser. The CCoP met here with Minister for Finance and Revenue Senator Mohammad Ishaq Dar in chair. Minister for Power Khurram Dastgir [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-10T19:25:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2023\/07\/download.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1082\" \/>\n\t<meta property=\"og:image:height\" content=\"516\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/\"},\"author\":{\"name\":\"Web Desk\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/person\\\/6ef8309590ff620a99ce35559f54fd62\"},\"headline\":\"Privatization Commission allowed to proceed SIH transaction\",\"datePublished\":\"2023-07-10T19:25:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/\"},\"wordCount\":343,\"publisher\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/download.jpg\",\"articleSection\":[\"National\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/\",\"name\":\"Privatization Commission allowed to proceed SIH transaction\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/download.jpg\",\"datePublished\":\"2023-07-10T19:25:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/#primaryimage\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/download.jpg\",\"contentUrl\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/download.jpg\",\"width\":1082,\"height\":516},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/privatization-commission-allowed-to-proceed-sih-transaction\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Privatization Commission allowed to proceed SIH transaction\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/\",\"name\":\"Daily Lead Pakistan\",\"description\":\"Daily Lead Pakistan\",\"publisher\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#organization\",\"name\":\"Daily lead Pakistan\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/logo3.jpg\",\"contentUrl\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/logo3.jpg\",\"width\":1000,\"height\":154,\"caption\":\"Daily lead Pakistan\"},\"image\":{\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/DailyLeadPak\\\/\",\"https:\\\/\\\/x.com\\\/DailyLeadPak\",\"https:\\\/\\\/instagram.com\\\/DailyLeadPak\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/#\\\/schema\\\/person\\\/6ef8309590ff620a99ce35559f54fd62\",\"name\":\"Web Desk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g\",\"caption\":\"Web Desk\"},\"url\":\"https:\\\/\\\/leadpakistan.com.pk\\\/news\\\/author\\\/edt\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Privatization Commission allowed to proceed SIH transaction","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/","og_locale":"en_US","og_type":"article","og_title":"Privatization Commission allowed to proceed SIH transaction","og_description":"ISLAMABAD Cabinet Committee on Privatization (CCoP) Monday allowed Privatization Commission to proceed towards a successful conclusion of Services International Hotel (SIH) transaction with the completion of transfer\/mutation process in the name of the purchaser. The CCoP met here with Minister for Finance and Revenue Senator Mohammad Ishaq Dar in chair. Minister for Power Khurram Dastgir [&hellip;]","og_url":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/","og_site_name":"Daily Lead Pakistan","article_publisher":"https:\/\/www.facebook.com\/DailyLeadPak\/","article_published_time":"2023-07-10T19:25:21+00:00","og_image":[{"width":1082,"height":516,"url":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2023\/07\/download.jpg","type":"image\/jpeg"}],"author":"Web Desk","twitter_card":"summary_large_image","twitter_creator":"@DailyLeadPak","twitter_site":"@DailyLeadPak","twitter_misc":{"Written by":"Web Desk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/#article","isPartOf":{"@id":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/"},"author":{"name":"Web Desk","@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/person\/6ef8309590ff620a99ce35559f54fd62"},"headline":"Privatization Commission allowed to proceed SIH transaction","datePublished":"2023-07-10T19:25:21+00:00","mainEntityOfPage":{"@id":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/"},"wordCount":343,"publisher":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#organization"},"image":{"@id":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/#primaryimage"},"thumbnailUrl":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2023\/07\/download.jpg","articleSection":["National"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/","url":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/","name":"Privatization Commission allowed to proceed SIH transaction","isPartOf":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/#primaryimage"},"image":{"@id":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/#primaryimage"},"thumbnailUrl":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2023\/07\/download.jpg","datePublished":"2023-07-10T19:25:21+00:00","breadcrumb":{"@id":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/#primaryimage","url":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2023\/07\/download.jpg","contentUrl":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2023\/07\/download.jpg","width":1082,"height":516},{"@type":"BreadcrumbList","@id":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-allowed-to-proceed-sih-transaction\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/leadpakistan.com.pk\/news\/"},{"@type":"ListItem","position":2,"name":"Privatization Commission allowed to proceed SIH transaction"}]},{"@type":"WebSite","@id":"https:\/\/leadpakistan.com.pk\/news\/#website","url":"https:\/\/leadpakistan.com.pk\/news\/","name":"Daily Lead Pakistan","description":"Daily Lead Pakistan","publisher":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/leadpakistan.com.pk\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/leadpakistan.com.pk\/news\/#organization","name":"Daily lead Pakistan","url":"https:\/\/leadpakistan.com.pk\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/logo\/image\/","url":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/04\/logo3.jpg","contentUrl":"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2022\/04\/logo3.jpg","width":1000,"height":154,"caption":"Daily lead Pakistan"},"image":{"@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/DailyLeadPak\/","https:\/\/x.com\/DailyLeadPak","https:\/\/instagram.com\/DailyLeadPak\/"]},{"@type":"Person","@id":"https:\/\/leadpakistan.com.pk\/news\/#\/schema\/person\/6ef8309590ff620a99ce35559f54fd62","name":"Web Desk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/41f05ebf0a510062a26cf1d9e662155a6901c6733aa66a6c0f61daea3d680dc7?s=96&d=mm&r=g","caption":"Web Desk"},"url":"https:\/\/leadpakistan.com.pk\/news\/author\/edt\/"}]}},"_links":{"self":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts\/342571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/comments?post=342571"}],"version-history":[{"count":1,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts\/342571\/revisions"}],"predecessor-version":[{"id":342602,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/posts\/342571\/revisions\/342602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/media\/342593"}],"wp:attachment":[{"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/media?parent=342571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/categories?post=342571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leadpakistan.com.pk\/news\/wp-json\/wp\/v2\/tags?post=342571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}