Islamabad: A group of representatives from leading investment banks, funds, and institutional investors has met caretaker federal minister for privatization Fawad Hasan Fawad at the Privatisation Division.
The group was organized by Trans-National Research Corporation and included representatives from Fidelity Investments, Morgan Stanley Investment Management, Barings, and William Blair Investment Management.
The caretaker federal minister briefed the group on the vision of the present government on investment and privatization of SOEs as well as the working of the Privatisation Commission and the current agenda of privatisation.
The process and expectations for the privatization of PIACL, Roosevelt Hotel, FWBL and HBFC were discussed.
The caretaker privatization minister responded to all the queries of the representatives regarding the current privatization agenda and process as well as future investment opportunities.
The representatives were encouraged to explore the opportunities for possible investment in Pakistan. The group appreciated the initiatives taken and expressed that the work being done will result in conducive environment for investment in Pakistan.
