Pakistani, Turkish, Saudi Firms Show Interest in GEPCO Privatization

The Privatisation Commission announced robust interest in Gujranwala Electric Power Company (GEPCO) privatization, receiving 11 EOIs from Pakistani, Turkish, and Saudi firms. This includes four foreign and seven local groups, part of the government's power-sector reform agenda to boost efficiency. While a positive indicator for Pakistan's economic reforms and investment climate, this development is not expected to directly move gold or USD/PKR rates in the immediate term.

بحوالہ / Source: www.dawn.com