Islamabad: Finance Minister Muhammad Aurangzeb has stated that the government is committed to speeding up the privatization process, with twenty-four state-owned entities already included in the privatization pipeline.

According to Radio Pakistan, during a meeting with a delegation from the global professional services firm Alvarez and Marsal, led by Peter Briggs, in Islamabad, Aurangzeb reiterated the government’s vision. This vision, aligned with the objectives of Prime Minister Shehbaz Sharif, aims to enhance trade, investment, and tourism in Pakistan, capitalizing on the region’s expanding economic corridor.

Peter Briggs emphasized Alvarez and Marsal’s strong commitment to investing in Pakistan, underscoring the firm’s long-term strategy in the region’s growing markets. He noted that the firm is considering opening an office in Pakistan as part of its wider commitment to support the government in its privatization efforts and to attract potential global investors to the country. Briggs highlighted that Pakistan’s expanding market offers significant opportunities for investment and long-term growth.