AIRLINK 73.06 Decreased By ▼ -6.94 (-8.68%)
BOP 5.09 Decreased By ▼ -0.09 (-1.74%)
CNERGY 4.37 Decreased By ▼ -0.09 (-2.02%)
DFML 32.45 Decreased By ▼ -2.71 (-7.71%)
DGKC 75.49 Decreased By ▼ -1.39 (-1.81%)
FCCL 19.52 Decreased By ▼ -0.46 (-2.3%)
FFBL 36.15 Increased By ▲ 0.55 (1.54%)
FFL 9.22 Decreased By ▼ -0.31 (-3.25%)
GGL 9.85 Decreased By ▼ -0.31 (-3.05%)
HBL 116.70 Decreased By ▼ -0.30 (-0.26%)
HUBC 132.69 Increased By ▲ 0.19 (0.14%)
HUMNL 7.10 Increased By ▲ 0.04 (0.57%)
KEL 4.41 Decreased By ▼ -0.24 (-5.16%)
KOSM 4.40 Decreased By ▼ -0.25 (-5.38%)
MLCF 36.20 Decreased By ▼ -1.30 (-3.47%)
OGDC 133.50 Decreased By ▼ -0.97 (-0.72%)
PAEL 22.60 Decreased By ▼ -0.30 (-1.31%)
PIAA 26.01 Decreased By ▼ -0.62 (-2.33%)
PIBTL 6.55 Decreased By ▼ -0.26 (-3.82%)
PPL 115.31 Increased By ▲ 3.21 (2.86%)
PRL 26.63 Decreased By ▼ -0.57 (-2.1%)
PTC 14.10 Decreased By ▼ -0.28 (-1.95%)
SEARL 53.45 Decreased By ▼ -2.94 (-5.21%)
SNGP 67.25 Increased By ▲ 0.25 (0.37%)
SSGC 10.70 Decreased By ▼ -0.13 (-1.2%)
TELE 8.42 Decreased By ▼ -0.87 (-9.36%)
TPLP 10.75 Decreased By ▼ -0.43 (-3.85%)
TRG 63.87 Decreased By ▼ -5.13 (-7.43%)
UNITY 25.12 Decreased By ▼ -0.37 (-1.45%)
WTL 1.27 Decreased By ▼ -0.05 (-3.79%)
BR100 7,461 Decreased By -60.9 (-0.81%)
BR30 24,171 Decreased By -230.9 (-0.95%)
KSE100 71,103 Decreased By -592.5 (-0.83%)
KSE30 23,395 Decreased By -147.4 (-0.63%)

ISLAMABAD: Federal Minister for Railways Azam Khan Swati, Tuesday, launched a pilot project of the E-Procurement System in Pakistan Railways that will pave the way to ensure transparency in process of award of contracts. The pilot project deal has been inked with Tejari Pakistan.

A formal MoU signing ceremony was held in Islamabad between Pakistan Railways and Tejari Pakistan.

Federal minister for Railways Azam Khan Swati, General Manager Tejari Pakistan Syed Usman Hassan and other high officials were present. Addressing on the event, Swati said that as per good governance and digital Pakistan vision of Prime Minister Imran Khan, Pakistan Railways has initiated working to make procurement processes transparent, efficient and easy.

The government is focusing on accountability, transparency and provision of relief to people and have made practical advances towards E-Governance, he added. The minister said that the start of E-Procurement by Pakistan Railways is encouraging as huge amounts of billions of rupees are involved in projects and routine procurement. He said Pakistan Railways will take more steps to bring about improvement in financial and administrative affairs.

With this successful launch of pilot project on E-Procurement, more public sector organizations will be encouraged to follow suit and make their procurement budget transparent and enhance its visibility to achieve 100 percent audit trail to align with the vision of Prime Minister Imran Khan.

While commenting on the agreement with Pakistan Railways, Syed Usman Hassan, general manager Tejari Pakistan said that Tejari is a pioneer in e-Procurement Solutions which is serving clients in public and private sector such as National Highway Authority (NHA), Pakistan Petroleum Limited (PPL), United Bank Limited (UBL), Punjab Skills Development Fund (PSDF), Orient Petroleum Limited (OPL), Pearl Continental and Marriot Hotels.

Copyright Business Recorder, 2021

Comments

Comments are closed.