PRIVATIZATIONINGroup MembersoAroosh Akhter 10oMohammad Abubakar 09oMubashar Humayun 21o Iram Shahzadi 26oSaman Afzal 18oMuhammad Hasham Ali24Aroosh10The Process of transferring ownership of Enterprises from government control to private hands fully or partiallyri!atizationTwo sectorsPublic sectors"nter#rises are $ontrolled and o%ned by &o!ernment'ail%ays( )ASA( *+et$Private sectors"nter#rises are $ontrolled by ri!ate #eo#le,-.( SM-( /S, /00I-" et$ Rights of Private sectorRight to private property Types of Privatization,y#es /f ri!atization Asset sale #ri!atizationShare issue #ri!atization-ontra$tin1 out2ere1ulationObjectives of Privatization ,o in$rease the effi$ien$y of e$onomi$ enter#rises ,o enhan$e the $om#etition and to im#ro!e the 3uality of 1oods and ser!i$es ,o stimulate lo$al #ri!ate sa!in1s and attra$t ne% in!estments ,o sto# #ubli$ funds drainin1 in form of subsidies and loans ,o redu$e the burden of #ubli$ "nter#rises on the 1o!ernment bud1et ,o e4#and the role of #ri!ate se$tor in e$onomy and to en$oura1e the #ri!ate se$tor Mo!in1 to%ards a market e$onomy ,o minimize the state in!ol!ement in industrial and $ommer$ial a$ti!itiesMajor Steps In Privatization ProcessIdentifi$ationHirin1 of a finan$ial ad!isor2ue dili1en$e"na$tin1 any needed re1ulatory and se$toral reforms5aluation of #ro#ertyre6+id ro$essost6+id ro$ess

Major steps of PrivatizationMuhammad Abubakar09History And Evolution Of Privatization In PaistanPrivatization of four important !ans in Paistan has taen place as on" 7nited +ank .imited 87+.9 %as #ri!atized in 2002M-+ 1991Habib 200:Allied 2004Privatization Uner !awaz Sharif-ame into #o%er on *o!ember 6(1990ri!atizedMuslim -ommer$ial +ank 8M-+9 on2e$ember1:(1990ri!atized Su1ar Mills ; ,e4tile Industries like< asrur Su1ar Mills< Samundri Su1ar Mills< 'ah%ali Su1ar Mills < aras ,e4tile< Hara#a ,e4tile < &hazi ,e4tileSell #ri$es of these units is still a se$retPrivatization #nder $enazir $huttoA##ointed a +ritish firm to formulate a strate1y for #ri!atization'e#ort re$ommended on =%ide s#read o%nershi#> basisotential $om#anies areoHabib +ankoMuslim -ommer$ial +ankoakistan national shi##in1 $or#oration8*S-9oakistan International Airlines -or#oration8IA-9oakistan State /il8S/9oSui Southern &as -om#any8SS&-9oSui *orthern &as i#elines .td8S*&.9Privatization #nder %ardari*e% ubli$ ri!ate artnershi# 89 #oli$yri!atized the se$tors?/il ; &as 2e!elo#ment -or#oration .imited8/&2-.9?akistan etroleum .imited8.9?0aisalabad "le$tri$ Su##ly -om#any80"S-/9?@uetta "le$tri$ Su##ly -om#any8@"S-/9?Hyderabad "le$tri$ Su##ly -om#any8H"S-/9?esha%ar "le$tri$ Su##ly -om#aany8"S-/9?Multan "le$tri$ Su##ly -om#any8M"S-/9?-entral o%er &eneration -om#any8-&-/9?.akhra o%er &eneration -om#any8.&-/9"#UTTO$S !ationa%ization &'(),ook #o%er on 2e$ember 21( 19A1His &/5,B #romul1ated the nationalization and e$onomi$ reforms order nationalizin1 C1 key industrial units2a%ood( Amin ; 0an$y lost hea!ily!ationa%izing orer &'(*o,his order %as 1i!en for nationalizin1 industry in Iron ; Steel se$tor +asi$ metals Hea!y en1ineerin1 Hea!y ele$tri$al Assembly ; manufa$turin1 of motor !ehi$les ; tra$tors Hea!y ; basi$ $hemi$als etro$hemi$als -ements ubli$ utilities o%er 1eneration ,ransmission ; distribution &as ; /il refineries &ationalization in di'erent years D+asi$ Industries in 19A2D.ife Insuran$e -om#any in late 19A2D5e1etable &hee units in 19ACD-ommer$ial banks ; Shi##in1 in 19A4D4 Mills( ri$e bushin1 ; $otton 1innin1 fa$tories in 19A6 +vantages an isavantages of nationa%izationAdvantages "3ual 2istribution of )ealth "nd of Mono#oly -he$k on Smu11lin1 and Hoardin1 "$onomi$ Stability "ffe$ti!e lannin1 In$rease in rodu$tion In$rease in So$ial )elfare ri$e Stability -redit fa$ility to a1ri$ulture -redit fa$ility to small industries -olle$tion of sa!in1 rote$tion of bla$k money &ro%th(isadvantages In$rease in -orru#tion 0all in rodu$tion Si$k Industries -arelessness of .abor ubli$ Se$tor /!er )ei1hted ri!ate Se$tor 2is$oura1edMubashir Humayun21Privatization is necessary for the economic growthTo avoid eects o nationali!ation To avoid continuous lossTo avoid govt" monopoly#or eicient labor To improve productive capacity #or $etter servicesTo be continued.,o settle fair #ri$e 0or $om#etition 0or $reati!ity and inno!ation ,o attra$t $ustomers 0or #rofit ma4imization 0or #ro#er #ayment of ta4 ,o a!oid ne#otism and red ta#ismIs P)I*ATI%ATIO& P#)PO+E,#- I& PA.I+TA&+enefi$ial%iciency o Private sectors&trengthen the 'apital Market%ncouraging the #oreign (nvestmentTo be continue,-)ot $eneicialo(neiciency o Private &ectors$etter&ame*orseTotal M"s 9 1C 16 C4Mis$B C 10 1 14&hee mills2 12 : 19'i$e mills 2 6 6 8+anks 2 2 6 4 ,otal18 CA 28 8Cer$enta1e22E 44E C4E 100ETo be continue,,-)on+beniicialo'losure o $%, due to s-indlingoPrivati!ation o ./0'oPrivati!ation o P&.(ram shah!adi21PA2(&TA) RA(,*A3+ummary pro/le2e#artment of 1o!ernment of akistanHa!in1A(A91 route km::9 stations Annual re!enue of around 'sB20 +illion 8200A620089Operational +tructure#our 456 0irectorates in Pakistan Rail-ay Administrati!e 2ire$torate ,e$hni$al 2ire$torate lannin1 2ire$torate 0inan$e 2ire$torateOrganization(n the late 1990s7 the /overnment o Pakistan considered selling the airline to the private sectorThe ne- Rail-ay $oard consists o 'hairman and ive Members out o -hich three are rom the private sector#(&'A, 3%AR %AR)()/ 8'HA)/%2000+01 11799: 20";2001+02 197051 9"92002+09 157:12 19"