PPPA asked to formulate efficient plans to attract investors
Saturday May 02, 2020
Islamabad: Minister for Planning, Development, Reforms and Special Initiatives Asad Umar on Wednesday issued instructions to the Public-Private Partnership Authority (PPPA) to devise well-structured partnership plans aimed at attracting investments and enhancing its operational efficiency, according to news sources. Read: Sukkur-Hyderabad Motorway presented at roadshow to attract foreign investment Asad Umar gave these directives while chairing the 7th PPPA Board of Directors meeting. During the session, he was briefed by CEO PPPA Malik Ahmed Khan on several administrative and executive matters pertaining to the authority’s operation. The minister also called for Railways officials to review all their projects, including the Karachi Circular Railway initiative, in detail. Read: Govt seeks private sector’s cooperation in infrastructural development The meeting, further, discussed the standard operating procedures (SOPs) for Pakistan Railways projects’ development. The minister, additionally, issued instructions to the board to constitute a human resource body on a priority basis – in order to resolve all employee-related issuers (in particular, their monetary compensations). Several other important officials, including DeÂÂputy Chairman Planning Commission Mohammad Jehanzeb Khan, Secretary Planning Zafar Hasan, SecreÂtary Railways, Secretary Board of Investment, and MemÂÂber Private Sector Development, were also in attendance at the proceedings.