Friday, 21 Jan 2011
The Nation reported that Pakistan government is planning to outsource the management of Pakistan Steel Mills with an aim to improving the mills' overall performance.
Mr Mir Hazar Kahn Bijarani federal minister for industries and production said that "The expected measure would not only boost the assets’ quality of the PSM, but also to enhance its productive capacity."
Mr Bijarani said that a total of 10 foreign companies have shown interest to provide the required outsourcing service for the cash strapped PSM.
He added that "We will from a technical committee to evaluate the offer likely to be made by the interested companies."
(Sourced from www.thenation.com)
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