Approval of Financial Advisor Appointment for Roz Wilt Hotel Audit

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The Approval of a Financial Advisor for the Construction of a New Hotel has been granted by the Investment Commission Board, Islamabad: Under the leadership of Federal Minister for Planning and Development, the Investment Commission Board held a meeting in which the approval for the construction of a new hotel and joint venture development along with the appointment of a financial advisor was granted, while the implementation of financial services agreements related to the project was reviewed. According to a statement issued by the Ministry of Planning, the Commission’s meeting also recommended delisting the Nandi Power Plant and Gudu Power Plant from the investment list. The Cabinet Committee for Investment will approve the delisting of both power plants, and approval was also given for the establishment of a transaction committee to oversee the implementation of the agreements. Issues related to the Pakistan China Fertilizer Limited’s investment were also discussed after the completion of the investment.

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