17
Jan
15:20
Pakistan proposes 30-year PSM lease
Pakistan’s Privatisation Commission (PC) has drawn up a plan to lease troubled Pakistan Steel Mills (PSM) for 30 years, PC says in a note seen by Kallanish.
The proposed structure, to be presented to the Cabinet Committee on Privatisation this week, includes a tripartite concession agreement between the government, PSM and a potential investor on the basis of revenue sharing. PSM’s land will remain with the government while the plant and machinery wi…
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Anonymous
Very good overview of the weekly steel market.
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