All set for sale of Services International Hotel
Caption: The Privation Commission set Rs2.25b reference price for the sale of 15-Kanal hotel last week.–File photo
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The government is all set to sell Services International Hotel Lahore.
The Cabinet Committee on Privatisation is meeting to take up the matter.
A summary for the hotel sale will be presented to the meeting that is likely to okay reference price.
The Privation Commission set an Rs2.25 billion reference price for the sale of the 15-Kanal hotel last week.
However, a ministry official said the committee on privatisation would take the final decision. Reportedly, the government sold 23 properties worth Rs1.11 billion.
Reporter: Waqas Azeem