Monday, October 17, 2016

CM KP has directed to bring amendments to the rules of business of all public sector entities.

Khyber Pakhtunkhwa Chief Minister, Pervez Khattak has directed to bring amendments to the rules of business of all public sector entities in order to rapidly commercialize the public properties and widen the resource base of the province.
            He was presiding over a marathon meeting for the commercialization of public properties, high rising buildings and widening fiscal space of the province here at Chief Minister House Peshawar today. Advisors to Chief Minister Yousaf Ayub, Dr. Amjad Ali, Additional Chief Secretary, SMBR and administrative secretaries and other high ranking officials attended. The meeting discussed in detail the properties of different public sector institutions and explored the way out to formally commercialize them. It also discussed the additional resource generation and made a number of decisions.
            The Chief Minister said that the rules of business should not be seen as an obstacle in the whole process of commercialization of public sector properties and resource generation mechanism. He directed to bring amendments to the rules of business if it was a hurdle in the smooth process of commercialization and resource generation mechanism.
            The Chief Minister said that each department should immediately work out its plan of commercialization. His government could not afford the wastage of time adding that he understood the yawning gap between the public and private sector performance and dynamism and asked the participants to develop a professional approach and even hire the professionals if needed for the commercialization of public property.
            Pervez Khattak also directed the administration department to transfer its 20 Kanal of land in the Dabgari Garden for the incoming Rapid Bus Transit Project and asked the Secretaries Administration, Transport and DG PDA to sit and finalize the modalities making the land as part of the Rapid Bus Transport. He said his government had given a plan and the department concerned should formulate the forward looking for the commercialization process. He also directed for similar approach in all districts where the public property was available but needed to be developed on commercial lines. However he directed to dispose of the land of the province in Bhakar Punjab.
            The Chief Minister said he had earlier given targets to different departments to enhance their earnings and widen their fiscal space and directed to immediately move to the target. This province needed development because his government would not look to others for financial help therefore there should be an approach for the stronger and sustainable resource base so that the province could stand on its own feet.
            During the meeting the Chief Minister was briefed about the vast commercial land of different departments worth trillion which could be multiplied through commercialization for feeding the province. The Chief Minister directed the departments to be on target and no department should fall short of target, earlier given to each department.

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