Cabinet Committee on Privatization meets.

Islamabad -- Adviser to the Prime Minister on Finance and Revenue chaired the meeting of the Cabinet Committee on Privatization here at the Cabinet Division, says a press release.

CCoP reviewed one point agenda on the Privatization of Roosevelt Hotel (Manhattan , New York) asset owned by PIA-Investment Limited. As requested by the Aviation Division, CCoP decided to de-notify the Roosevelt Task Force formed earlier under the chairmanship of Minister for Privatization for framing Terms of Reference for leasing the Roosevelt's site for setting up a joint venture project.

CCoP also directed PC to hire a Financial Adviser to start the...

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