{"id":6661,"date":"2023-09-22T12:28:04","date_gmt":"2023-09-22T12:28:04","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/only-one-bidder-left-for-pakistan-steel-mills-privatisation\/"},"modified":"2023-09-22T12:28:04","modified_gmt":"2023-09-22T12:28:04","slug":"only-one-bidder-left-for-pakistan-steel-mills-privatisation","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/only-one-bidder-left-for-pakistan-steel-mills-privatisation\/","title":{"rendered":"Only one bidder left for Pakistan Steel Mills privatisation"},"content":{"rendered":"<div data-td-block-uid=\"tdi_98\">\n<div class=\"tdb-block-inner td-fix-index\">\n<p><strong>Three out of four parties from China that showed interest in acquiring Pakistan Steel Mills (PSM) are no longer interested in the transaction, ARY News reported quoting minister.<\/strong><\/p>\n<p>In a press conference, Federal Minister for Privatisation Fawad Hassan Fawad said out of the four Chinese companies group, only one is still showing interest in the privatisation of the mill.<\/p>\n<p>He further said that the privatisation commission would continue discussion on the PSM in the light of recommendations of the financial advisor who were appointed in 2020.<\/p>\n<p>The minister further clarified that the caretaker government would only continue the process of operation of the PSM and would not deal with the land of the PSM.<\/p>\n<p>Yesterday, the Economic Coordination Committee (ECC) authorized Finance Division to approve the payment of projected net salary for the first six months of the Financial Year 2023-24 to be disbursed according to the salary demand of Pakistan Steel Mill (PSM) for every month from already approved budgetary allocation of Rs. 10 billion.<\/p>\n<p>The ECC considered a summary of Ministry of Industries &amp; Production regarding \u201cApproval for Disbursement of Salary of Pakistan Steel Mill (PSM) Employees for the Financial Year 2023-24\u201d.<\/p>\n<\/div>\n<\/div>\n<p><script type=\"rocketlazyloadscript\">\n  window.fbAsyncInit = function() {\n    FB.init({\n      appId      : '161345524510473',\n      cookie     : true,\n      xfbml      : true,\n      version    : 'v3.0'\n    });\n    FB.AppEvents.logPageView();   \n  };\n  (function(d, s, id){\n     var js, fjs = d.getElementsByTagName(s)[0];\n     if (d.getElementById(id)) {return;}\n     js = d.createElement(s); js.id = id;\n     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n     fjs.parentNode.insertBefore(js, fjs);\n   }(document, 'script', 'facebook-jssdk'));\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three out of four parties from China that showed interest in acquiring Pakistan Steel Mills (PSM) are no longer interested in the transaction, ARY News reported quoting minister. In a press conference, Federal Minister for Privatisation Fawad Hassan Fawad said out of the four Chinese companies group, only one is still showing interest in the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/arynews.tv\/wp-content\/uploads\/2021\/02\/Pakistan-Steel-Mills-PSM-2.jpg","fifu_image_alt":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-6661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/6661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=6661"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/6661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/6662"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=6661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=6661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=6661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}