Federal Minister Outlines Plans for Privatization and Investment Enhancement

Islamabad, Federal Minister for Board of Investment, Privatization, and Communications, Abdul Aleem Khan, detailed new government initiatives aimed at facilitating business and attracting investment in Pakistan. Speaking at the 16th All Pakistan Chambers Presidents’ Conference in Rawalpindi, the minister emphasized the government’s role in creating a conducive environment for business rather than being direct participants in the market.

According to Press Information Department, Khan announced the privatization plans for 24 institutions, including Pakistan International Airlines (PIA), which will be broadcast live to ensure transparency. He mentioned the introduction of fast track platforms like “Ease of Doing Business” and “One Stop Shop” to streamline processes and boost investor confidence. The conference also served as a platform to discuss the strategic importance of the business community’s role in economic growth and the privatization agenda aimed at enhancing the country’s foreign exchange reserves and overall economic health.