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  TERMS OF REFERENCE


1. To undertake privatization of assets of the Government of the Punjab as identified by the Government in accordance with the policy/guidelines.

2. To determine suitable modalities for carrying out privatization/sale transactions with widest possible participation.

3. To ensure total transparency in inviting applications, evaluating bids received and formulation of recommendations for consideration by the Board.

4. To appoint consultants, financial/legal advisors and chartered accountants where required for carrying out work connected with the privatization/sale.

5. To hold negotiations with the prospective buyers and to sign agreements after approval by the Board.

6. To recommend to the Government such labor/manpower rehabilitation programs as may be necessary while privatizing/selling assets and, if so required, to develop plans which may enable employees to adopt self-employment on the basis of small financing .

7. To advise the Government in implementing development programs of improvement of assets, if necessary, till their privatization/dis-investment.



Muhammad Shahbaz Sharif
Chief Minister Punjab
 
 
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