[Pak-Media] PC BOARD BRIEFED ON SECONDARY PUBLIC OFFERING OF PPL

0
 

Press Release

 

PC BOARD BRIEFED ON SECONDARY PUBLIC OFFERING OF PPL

 

Islamabad, November 17, 2011

 

            The Board of Privatisation Commission (BPC), which met here under the chairmanship of Federal Minister of Privatisation Mr. Ghous Bux Khan Mahar was briefed regarding the upcoming Secondary Public Offering (SPO) of Pakistan Petroleum Limited (PPL) here today.

 

            The Board directed PC to obtain approval of the transaction structure and other related issues for PPL from the Cabinet Committee on Privatisation (CCOP) and its offering should be planned accordingly.

 

            The PC Board also gave approval to go ahead with the privatisation process of Pakistan Mineral development Corporation (PMDC)'s Eight (8) Salt and Coal Mines projects, which include Lakhra Coal Mines (District Jamshoro), Sor-Range Coal Mines (District Quetta), Degari Coal Mines (District Kalat), Sharigh Coal Mines (District Sibi), Khewara Salt Mines (District Jehlum), Warcha Salt Mines (District Khushab), Kalabagh Salt mines (District Mianwali) and Jatta/ Bahaddur Khel/ Karak Salt Quarries (District Karak). The Council of Common Interest (CCI) has already given approval for these transactions.

 

The meeting was informed that ten potential parties submitted Express of Interest (EOI) and Statements of Qualifications (SoQs) for the privatisation of National Power Company, which include Al Arrab Contracting Co., Saudi Arabia, Mansour Al Mosaid Co., Saudi Arabia, Saudi Cable Company, Saudi Arabia, Pergola Holding, Inc., Saudi Arabia, Durat Al Masana Est. for Trade, Saudi Arabia, IRINA TECH W.L.L (Pvt.) Ltd., Bahrain, GS Engineering & Construction Corp. Korea, Fatima Group of Companies, Pakistan, M. A. H Consortium, Pakistan Consortium of I) Mishal Sania (Pvt.) Ltd., Pakistan; ii) Mr.Muhammad Ayub Shiekh and iii) Mrs. Hummara Ayub and Lilley – SMADB (Joint Venture), Pakistan Consortium of I-Lilley International (Pvt.) Limited, Pakistan and ii-Sardar Mohammad Ashraf D. Baluch (Pvt.) Ltd., Pakistan (SMADB).

 

The PC board directed the Transaction Committee to complete the due diligence process of the SoQ for finalizing the pre-qualified bidders for NPCC.

 

The matter pertaining to the privatisation of SME Bank also came under discussion and it was decided that the transaction committee should review the status and reinitiate the process.

 

            The PC board further decided to devise investment policy for PC Funds in accordance with the Finance Division's guidelines.    

 

The meeting formulated various recommendations for Cabinet Committee On Privatisation (CCOP) and reviewed the status and progress of the ongoing and upcoming transactions. Earlier, the minutes of the previous meeting were approved.

 

The Secretary Privatisation Commission Mr. Shahid Raja conducted the proceedings while PC Board members; representatives of the respective departments/ ministries and PC officials attended the meeting. 

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[Pak-Media] Life Goes on in India

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[Pak-Media] News Nov 17--Business community worried over New Delhi’s history of broken promises

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MFN should not damage local industry to boost Indian economy

Business community worried over New Delhi's history of broken promises

Indian cooperation should not remain confined to statements only

 

 

Islamabad: [Nov 17]

 

The Pakistan Economy Watch (PEW) on Thursday said MNF status to India should benefit both countries. It should not damage Pakistan's industrial sector to boost Indian economy and influence.

 

All stakeholders including network of 50 chambers and 128 associations affiliated with the FPCCI should be involved before including more items in the positive list to save domestic industry, it said.

 

Pakistan has taken a positive step by granting MFN status to India and now she should not remain highest uncertain destination for Pakistani exporters and importers, said Dr. Murtaza Mughal, President PEW.

 

Failure of India to reciprocate properly will keep region world's poorest performer in terms of intra-regional trade, he said.

 

Dr. Murtaza Mughal said that those who see trade liberalisation as a suicidal move are worried of New Delhi's history of broken promises like plebiscite in Kashmir and water-sharing treaty which is damaging the whole country.

 

India should stop supporting insurgency in Baluchistan, Khyber Pakhtunkhwa and Fata, resolve issues of Siachen and Sir Creek, and stop and using other countries against Pakistan at international forums, he demanded.

 

He said that India should stop using Afghan soil against Pakistan, lift all barriers, review period of visa validity, scope of travel and reporting arrival which are obstacles in realising true trade potential.

 

Indian cooperation should not remain confined to statements only as Pakistan is offering relatively more liberal policy, he said.

 

He said that Indian share in Afghan and Central Asian markets can get a boost with Pakistan's cooperation. Islamabad can help India achieve mark of 500 billion dollar of exports by 2015.

 

--

Dr. Murtaza Mughal

Cell:  0321-5157671

President Pakistan Economy Watch

www.pakistaneconomywatch.com


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Mobile Phone Number:+447918100888

Note:I can invite you to come with help of my Lawyer.

[Pak-Media] Hijab double standards

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Hijab Double Standards 
 
 
 

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[Pak-Media] PR-Ticker Tehreek-e-Istiqlal 15-Nov-2011

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DEAR SIR
I AM SENDING PRESS RELEASE OF TEHREEK-E-ISTIQLAL IN 2 FORMATS.
FILE.INP (INPAGE URDU FILE)FILE.GIF (PICTURE FORMAT)
KINDLY COVER US.
YOURS TRULY,
ABDUL QAYOOM MUJAHIDINCHARGE,MEDIA CELLTEHREEK-E-ISTIQLAL0333-2176882

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[Pak-Media] Press Release of Motorway Police 15-11-2011

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GOVERNMENT OF PAKISTAN

MINISTRY OF COMMUNICATIONS

NATIONAL HIGHWAYS & MOTORWAY POLICE

*********

Islamabad, the 15th November, 2011

 

PRESS RELEASE

 

o                    SPECIAL MEASURES SHOULD BE TAKEN IN FOGGY WEATHER TO AVOID ACCIDENTS.

o                    HEAVY DUTY VEHICLES AND PUBLIC TRANSPORT VEHICLES HAVING NO FOG LIGHTS WOULD NOT BE ALLOWED TO ENTER ON MOTORWAY DURING FOGGY WEATHER.

 

 Inspector General National Highways & Motorway Police Wajid Ali Durrani has asked the DIG Motorways and other senior officers of NH&MP during briefing arranged by DIG motorways that the chances of accidents may be minimized and security of commuters may be ensured during foggy weather. The IGP said that Heavy Duty and Public Transport Vehicles may be asked to ensure for installation of fog lights during foggy weather failing which they would not be allowed to enter on motorways. He also said that special measures must be taken during foggy weather to avoid accidents. He said that awareness regarding measuring the level of fog would be started in print & electronic media. He added that it is our responsibility to provide accident-free environment to the public on Highways and Motorways. He further added it has been observed that the Fog remained present from 15th November to 30th February on motorways & on highways in spots, especially at late night and early in the morning, which can be highly dangerous for the road users while driving.  He said that closure of motorways would be ensured for a minimum time. During briefing Dr. Muhammad Shafiq, DIG motorways briefed that the total area of motorways are 556 km having 15 service areas and 28 interchanges. He also briefed that the Emergency Call Booths on motorway (M-1) from Burhan to Peshawar have not been installed by the NHA. The IGP took a serious view and ordered that the matter would be taken up with NHA to install Emergency Call Booths on motorway (M-1). The IGP also said that the NHA may be asked to enhance mobile workshops on motorways as the volume of traffic has so far increased as compared to the previous. He advised the people not to travel during foggy weather from 2200 hrs to 1000 hrs. The Inspector General, National Highways & Motorway Police Wajid Ali Durrani has appealed the people to follow the following safety measures:

  • During Foggy weather drive in extreme emergency but try to travel from 1000 hrs to 1800 hrs.
  • If drive is essential, then install fog lights on the front and rare of the vehicle.
  • During fog if visibility is 100 meters, then maintain your speed at 50/60 km per hour and maintain the safe distance of at least 30 meters.
  • If visibility in fog is 50 meter or less, then stop your journey and take rest in Motorway Police Camps or Service Area or at Rest Area  unless until the visibility becomes better.  You may also get the help of motorway police vehicle to get out from the nearest interchange and wait for clear weather.
  • While fog on motorways always drive in extreme left or middle lane.  Kindly avoid driving in the extreme right lane.
  • While driving if the spot of fog appears abruptly then do not apply breaks immediately but slow your vehicle gradually and then drive with care.
  • Always wear seat belt.
  • Before start of traveling, must check the weather/fog condition from motorway police helpline "130" or get information through electronic media.

 

(M. JAVED CHAUDHARY)

          Public Relations Officer

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[Pak-Media] Mr. Fasihuddin (PSP) column on "George Washington University main Taqreer" (Daily Aaj 15-11-2011 Tuesday)

0

 


Please find the attached column of Mr. Fasihuddin (PSP) on George Washington University main Taqreer published in Daily Aaj, Peshawar on November 15, 2011 on Tuesday. You may find the said column on the following online link
 
 
You may also send and share this column with your other friends and colleagues if it is of their interest.
Warm Regards.
 
--
Shafi Ullah,
Coordinator,
Pakistan Society of Criminology,
03, Ashiq Abad, New Warsak Colony,
Warsak Road, Peshawar, Pakistan.
Office Ph. 091-5200806, 0301-8857785
www.pakistansocietyofcriminology.com



--
--
Tariq Khattak,
Columnist, Feature Writer,
Editor Pakistan Media Group &
Editor Commerce, Pakistan Observer,
Ali Akbar House, G-8 Markaz, Islamabad, Pakistan.
Cells: 0300/0333-9599007, Ph. 051-2852027/8. Fax 2262258



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[Pak-Media] PR Nov 15--MFN: India shouldn’t remain highest uncertain destination for Pak businessmen

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MFN: India shouldn't remain highest uncertain destination for Pak businessmen

Neighbours world's poorest performer in intra-regional trade

Trade only recipe for mutual growth, poverty reduction

 

Islamabad: [Nov 15]

 

The Pakistan Economy Watch (PEW) on Tuesday said after getting MFN status, India should no more remain highest uncertain destination for Pakistani businessmen.

 

New Delhi needs to alter perception and lift trade barriers otherwise all efforts to ensure peace and prosperity through enhanced trade will remain counterproductive, it said.

 

Trade below 3 billion US dollars have made both neighbours world's poorest performers in terms of intra-regional trade, said Dr. Murtaza Mughal, President PEW.

 

Pakistani exporters who are weary of the high cost of uncertainty, quantitatively ranked highest in the world, should plan to compete Indians in their home market, he said.

 

India should allow movement of goods beyond border while ensuring fast disposal of merchandise, he said.

 

Indian authorities are still rejecting majority of visa applications. Recently a group of businessmen women were denied entry; in 2010, 350 businessmen applied for visa through ICCI but only 32 visas were granted, he informed adding that experience of other business chambers is not different.

 

Businessmen say that period of visa validity, narrow scope of travel and reporting arrival are obstacles in realising true trade potential, said Dr. Murtaza Mughal. The two countries should explore possibility of moving from sticker scheme to an electronic business travel card, he added.

 

Customs organizations of both countries can exchange data so that export document of one country may serve as the import document of the other country, he suggested.

 

Dr. Murtaza Mughal said that India and Pakistan should take steps to ensure non-reversal of the liberalized bilateral trading environment while Islamabad should address the issues of keeping the existing infrastructure underutilized.

 

Hawks in New Delhi, who are against constructive engagement with Islamabad should realise that Indian share in Afghan market may not surpass 7 per cent without Pakistan's help, Dr. Mughal observed.

 

Similarly, Indian exports to Central Asian will remain costly unless moved through Pakistan, he said adding that gas and goods transit fees can help Pakistan generate 6-8 billion dollars.

 

India is already in process of negotiating trade deals with the US, EU, Israel, New Zealand, South Africa, and Japan while her exports will surpass $300 billion in the current fiscal. India's trade with Beijing stands at USD 60 billion per annum. Pakistan can help her achieve mark of 500 billion dollar of exports by 2015.

 

--

Dr. Murtaza Mughal

Cell:  0321-5157671

President Pakistan Economy Watch

www.pakistaneconomywatch.com


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