Govt outsourcing airports, not privatisation: Saad Rafique
- 169
- 0
LAHORE: Minister for Railway and Aviation Khawaja Saad Rafique clarified that coalition government was only outsourcing national airports and denied reports of privatisation.
Addressing press conference here Saad Rafique lambasted opposition for doing propaganda that federal government was considering privatisation of three national airports of country. “Government decided to outsource only administrative affairs of three airports.”
He said that outsourcing plan would bring foreign direct investment (FDI) into country. Rafique said that International Financial Corporation will provide assistance in this regard. Minister also rejected baseless propaganda about fitness of new coaches’ recently imported from China.
Coaches were purchased from China through Transfer of Technology mode and now more coaches and freight wagons will be manufactured in Pakistan, he added.
Saad Rafique has reiterated his commitment to reduce volume of losses in Railways and Pakistan International Airlines and vowed to make them profitable entities by taking effective steps.
He said that Railway suffered loss of Rs 5 billion due to unprecedented floods in country as infrastructure was utterly destroyed.
Published in The Daily National Courier, January, 09 2023
Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.