The privatisation program will be made people and workers-friendly, which will contribute to the overall economy by generating more taxes and employment opportunities, increasing production and improving quality and efficiency, said Naveed Qamar, Federal Minister for Privatisation & Investment and Ports & Shipping, while presiding over a meeting of the Privatisation Commission here on Tuesday.
He said that trade unions remained on board during the privatisation process, conducted in the earlier governments of Pakistan People's Party, but unfortunately this liaison lacked during the previous government. The strong relations with the trade unions would be rebuilt and they would be again made partners in the privatisation process to safeguard their legitimate interests.
The Minister indicated that the government would fully involve the people, press and the parliamentarians to make the privatisation process very open and transparent. "We would carry out the privatisation transactions in the interest of the 160 million people of Pakistan who are the real owners of these assets," he added.
He directed the Privatisation Commission officials to put up realistic timeline for the privatisation of public sector entities in a professional manner. Earlier, Privatisation Commission Secretary Ahmed Jawad made a presentation regarding the status of the ongoing and upcoming transactions, which would be further reviewed sector-wise.
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