Management firm created to manage PWD assets

Published June 30, 2024 Updated June 30, 2024 11:39am

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday formed a management company to manage the assets of the Pakistan Public Works Department (PWD) and digitise its records.

The decision was made in a meeting regarding the winding up of PWD and its alternative arrangements. The meeting was briefed about the plan to dissolve the PWD, implementation of ongoing projects, alternative to the PWD and outsourcing of the construction and repair work to private companies.

The meeting was informed that ongoing projects under the PWD would be completed by the relevant federal and provincial departments whereas no further project would be assigned to the PWD. The construction and repair work would be outsourced to private companies of international standards.

The PM directed the authorities concerned that the interests of PWD employees be protected during the dissolution process and a comprehensive and practical plan be prepared to ensure their welfare.

Published in Dawn, June 30th, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

‘Cruel jest’
Updated 02 Jul, 2024

‘Cruel jest’

Actual economic course correction has once again been put off for another time.
Limited choices
02 Jul, 2024

Limited choices

NONE of the limited choices before the international community where dealing with the Afghan Taliban regime are very...
India’s victory
02 Jul, 2024

India’s victory

IN the end, the best team won — the team that held its nerve best when the stakes were the highest. Batting...
Resolution 901
Updated 01 Jul, 2024

Resolution 901

Our lawmakers’ failure to stand united in the face of foreign criticism may not have been unexpected but it was still disturbing to witness.
Nebulous definition
01 Jul, 2024

Nebulous definition

IS it a ‘vision’, a loose programme, or an actual kinetic ‘operation’? A week on, we don’t precisely know....
Stealing heritage
01 Jul, 2024

Stealing heritage

CONTRADICTIONS define Pakistan. While the country’s repository of antiquities can change its fortunes, recurrent...