The Pakistan Privatisation Commission, operating under the

Ministry of Privatisation (Pakistan) The Ministry of Privatisation () is a Government of Pakistan, Pakistan Government's :Pakistan federal departments and agencies, federal and executive level Ministry (government department), ministry created on 4 August 2017 by Shahid Khaqan Abbasi ...

, is a government agency based in

Islamabad Islamabad (; , ; ) is the capital city of Pakistan. It is the country's tenth-most populous city with a population of over 1.1 million and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Bu ...

responsible for executing the country's privatisation initiatives. Its primary role is to ensure open and transparent divestment of federal government assets, including stakes in banks, industrial units, oil and gas companies, transport enterprises, and infrastructure service providers. The Commission is overseen by a Board, which includes the Minister for Privatisation. Muhammad Salim currently serves as the Chairman of the Privatisation Commission.

Activities

The Privatisation Commission has been actively involved in several major transactions:

Pakistan International Airlines Pakistan International Airlines, commonly known as PIA, is the flag carrier of Pakistan. With its primary hub at Jinnah International Airport in Karachi, the airline also operates from its secondary hubs at Allama Iqbal International Airport ...

(PIA): PIA's finances are likely to be handed over to the Privatisation Commission in an effort to bring transparency. The Cabinet Committee on Privatisation (CCoP) decided to include PIA in the list of active privatisation projects. Services International Hotel (SIH): The CCoP allowed the Privatisation Commission to move towards a successful conclusion of the SIH transaction with the completion of the transfer/mutation process in the name of the buyer.

K-Electric K-Electric Limited (KE), formerly known as Karachi Electric Supply Company Limited or Karachi Electric Supply Corporation Limited, is a Pakistani utility company based in Karachi. Privatised in 2005, KE is the only vertically integrated utili ...

: Privatisation Commission officials have reported that K-Electric has become a profitable company that was privatised for Rs 15 billion. FBR Land: The Privatisation Commission handed over the mutation deed of FBR land in Faisalabad to the successful buyer.

References

{{reflist Government of Pakistan Government agencies of Pakistan Economy of Pakistan Privatisation in Pakistan