ISLAMABAD, Oct 4 (APP):Prime Minister Imran Khan on Friday said that the revival of Pakistan Steel Mills (PSM) was among the foremost priorities of the government.
Over the years’ neglect of an institution, which was causing burden on national kitty, by the previous governments was tantamount to injustice to the nation, he remarked. The Prime Minister expressed these views while chairing a meeting held here regarding the revival of PSM.
Advisor to PM on Commerce Abdul Razzak Dawood, Minister for Privatization Muhammadmian Soomro, Chairman PSM Board of Directors Amir Mumtaz and others attended the meeting.
The Prime Minister said that the present government was fully striving to revive and turn the PSM into a profit-earning institution so as to lessen the monthly burden on national kitty besides making it a functional institution which could contribute in the country’s economic development.
The meeting discussed the ongoing efforts for the revival of PSM and deliberated various options in this respect. The Prime Minister was told that since some Chinese and Russian companies have expressed their interest in the revival of Pakistan Steel Mills, various proposals were being contemplated in this respect.