ISLAMABAD, Nov 04 (APP): Federal Minister for Economic Affairs and Establishment Division, Ahad Cheema on Tuesday chaired an important meeting to discuss the framework and operational strategies of the Public Private Partnership Authority (P3A).
The meeting was attended by the Minister of State for Finance, Bilal Azhar Kayani, Advisor to Prime Minister on Privatization Muhammad Ali, Secretary Finance, and other senior officials from the Ministries of Finance, Privatization, Planning, and Law Divisions.
During the meeting, officials from P3A provided a comprehensive briefing on the current status of public-private partnership projects, including project development progress, capacity challenges, market conditions, and the overall strategy to strengthen the PPP ecosystem in Pakistan.
Speaking on the occasion, Ahad Cheema emphasized the government’s commitment to the effective execution of PPP projects and underscored the need for stronger coordination among relevant ministries and divisions.
He said the government is ready to amend existing laws, policies, rules and regulations, if necessary, to ensure efficient operations and timely implementation of PPP initiatives.
“We also want to enhance the advisory and regulatory capacity of P3A and the concerned ministries to strengthen project oversight and guidance. By doing so, we can ensure better planning, transparency, and timely decision-making”, he added.
Cheema underlined that strengthening institutional capacity and inter-ministerial coordination will help minimize delays in project approvals and bidding processes, ensuring the smooth execution of PPP projects across various sectors.
He reaffirmed the government’s resolve to promote a vibrant and sustainable Public-Private Partnership framework that supports economic growth, infrastructure development, and job creation in the country.