PM Shehbaz Sharif’s Big Move: Major Reforms in P3A to Fast-Track Development Projects in Islamabad

وزیراعظم کا بڑا فیصلہ: اسلام آباد میں ترقیاتی منصوبوں کی رفتار تیز | P3A اب نجکاری ڈویژن کے ماتحت

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Prime Minister Muhammad Shehbaz Sharif has chaired a high-level meeting in Islamabad, announcing a major shift to accelerate development across the country. In a strategic move, the Public-Private Partnership Authority (P3A) has been placed under the Privatization Division to modernize the framework and ensure faster project execution.
Key Highlights of the Meeting:
System Overhaul: PM Shehbaz directed that the P3A system be aligned with modern global standards to attract more investment.
Accountability via KPIs: All development projects under public-private partnerships will now be part of the Key Performance Indicators (KPIs) of relevant ministries and departments.
Faster Implementation: The transition to the Privatization Division aims to eliminate bottlenecks and enhance the capacity of government institutions.
Transparency: The Prime Minister emphasized creating a transparent and effective mechanism to boost the nation’s infrastructure.
Stay tuned for more updates on Pakistan’s economic reforms and infrastructure development.
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