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Four State Engineering units to be put on sell-off list.

Asia Africa Intelligence Wire

| August 30, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Recorder)

Byline: RECORDER REPORT

The Privatisation Commission (PC) has decided to include four more units of State Engineering Corporation (SEC) ie Heavy Mechanical Complex (HMC), Taxila, Heavy Electrical Complex (HEC), Pakistan Machine-Tool Factory (PMTF), Karachi, and Enar Petrotech Services (Pvt) Ltd, Karachi, in the list of entities to be privatised, sources told Business Recorder.

The PC said that privatisation of the land owned by Pakistan Engineering Company (Peco), Lahore, is already in progress but the Ministry of Industries had earlier blocked the sell-off of SEC''s four units.

"The Industries Ministry has now …

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