'Precious Pakistan govt assets to be sold out at Dubai Expo'

Islamabad - The properties would be sold for better utilisation of funds on public welfare projects.

Pakistan Prime Minister Imran Khan has said that precious government properties would be sold for better utilisation of funds on public welfare projects.
During a meeting here over the utilisation of numerous properties owned by different ministries and federal departments on Wednesday, Khan warned that stern action would be initiated against officers found to be creating hurdles in the identification of non-utilised government-owned properties, reports The News International.
"The non-utilisation of government assets in an effective manner in the past had manifest criminal negligence," he said.
Khan directed asset management committee, relevant federal ministries and provincial governments to resolve all matters pertaining to the identified properties within a week, so that decision over their proper utilisation could be implemented.
He added that marketing of these properties will be done at Dubai Expo 2020 in order to attract foreign investment including that of expatriates, Radio Pakistan reported.

Privatisation Commission Secretary Rizwan Malik said that under the decisions of the federal cabinet, during the months of February to March, every ministry was tasked to identify at least three such properties.

In the first phase, different ministries had identified 32 such properties so far.

• Pakistan