{"id":424219,"date":"2024-08-12T08:31:40","date_gmt":"2024-08-12T03:31:40","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=424219"},"modified":"2024-08-12T08:31:40","modified_gmt":"2024-08-12T03:31:40","slug":"pia-privatization-progresses-with-oct-1-set-as-critical-sate","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/pia-privatization-progresses-with-oct-1-set-as-critical-sate\/","title":{"rendered":"PIA privatization progresses with Oct 1 set as critical sate"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nMinster for Investment Abdul Aleem Khan praised the Footwear Association exhibition noting the high international standards of the products and their growing export presence and acknowledged the improved ties with international brands and the increasing involvement of Chinese companies in joint ventures with Pakistani firms. In response to the Prime Minister\u2019s request, the exhibition will move to China a month earlier this year.<br \/>\nAbdul Aleem Khan highlighted the exhibition\u2019s success and commended the Prime Minister and Minister of Commerce for their support.<br \/>\nThe Prime Minister has also called for a fivefold increase in trade officers, raising their number to around 20.<br \/>\nKamal emphasized that the government\u2019s role is to facilitate business, not run it.<br \/>\nHe urged Pakistani businessmen to seize the opportunities presented by the shift of companies from China due to rising costs.<br \/>\n\u201cThe privatization process for PIA is advancing, with October 1 set as a key date,\u201d Abdul Aleem Khan said.<br \/>\n\u201cSix Pakistani companies, along with international partners from the UAE, Malaysia, and Turkey, are involved in this process and a suitable company will take over PIA,\u201d Aleem Khan said.<br \/>\nHe noted the significant financial losses due to PIA and the government\u2019s commitment to resolving these issues by privatizing institutions to improve economic efficiency.DNA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD Minster for Investment Abdul Aleem Khan praised the Footwear Association exhibition noting the high international standards of the products and their growing export presence and acknowledged the improved ties with international brands and the increasing involvement of Chinese companies in joint ventures with Pakistani firms. In response to the Prime Minister\u2019s request, the exhibition [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-424219","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PIA privatization progresses with Oct 1 set as critical sate<\/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\/pia-privatization-progresses-with-oct-1-set-as-critical-sate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PIA privatization progresses with Oct 1 set as critical sate\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD Minster for Investment Abdul Aleem Khan praised the Footwear Association exhibition noting the high international standards of the products and their growing export presence and acknowledged the improved ties with international brands and the increasing involvement of Chinese companies in joint ventures with Pakistani firms. 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