According to the sources, Mohammad Mian Soomro, The Federal Minister for Privatisation and Federal Minister for Industries and Production Hammad Azhar co-chaired an important meeting to review and discuss the progress made in the revival of Pakistan Steel Mills (PSM).
As per details, The meeting was appraised on progress as per the approved transaction structure of Pakistan Steel Mills.
As per to a statement issued by the privatization ministry said that the meeting was briefed about various investment parties for Pakistan Steel Mills, In this regard, different companies of China, Russia and Korea have shown their interest.
The matters relating to the use of jetty, registration of a new subsidiary and others were deliberated upon in detail.
The Federal Ministers while speaking on the occasion, said that government will make every effort to resolve all issues so that the transaction can be completed on time.
Mohammad Mian Soomro said that “We must strictly follow the timeline and complete the task in the defined period,”
Federal Secretary Privatisation, Secretary, Additional Secretary Industries, and other senior officials of the ministry attended the meeting. Chairman and CFO PSM, participated via video link.
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