Islamabad October 14, 2021: Privatization Commission met today to discuss transaction of Services International Hotel. Regarding Services International Hotel (SIH), Federal Minister Mohammed Mian Soomro told the committee that the matter is pending till the submission of report by the aviation Ministry to the Federal Cabinet regarding the determination of height and subsequent issuance of NOC for the final decision by the Federal Cabinet, as a committee was constituted by the Cabinet tasked to present the report within two weeks.
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The standing committee was also informed about the transaction progress of National Power Parks (NPPMCL), which was delayed on account of sectoral issuance and Covid-19 pandemic but currently the subject transaction is steadily moving towards completion.