Posted Jul 9, 2025, 4:07 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,950
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https://humenglish.com/pakistan/govt-app...evelt-hotel-in-major-privatization-push/
Zahid Gishkori
July 9, 2025
Quote:
Following extensive analysis by the appointed financial advisor, the joint venture model was selected and approved by the CCOP. This approach allows the government to maintain a stake in the asset while partnering with private entities to revitalise operations and ensure a steady revenue stream.
Officials say the model offers flexibility, several exit routes, and significantly reduces future fiscal exposure for the national exchequer.
The Privatisation Commission will now present the transaction structure to relevant stakeholders in an upcoming meeting.
A final decision on the operational specifics and partner selection is expected within the next three months.
The timeline and expected revenue from the transaction will be determined at a later stage.
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