Pakistan: 18 potential investors for Karachi Hotel Project

Privatization Commission has received 18 Expressions of Interest (EOI) from potential investors for acquiring the assets of Karachi Hotel Project formerly allotted to Hyatt Regency Hotel project on "as is where is" basis.

According to a handout issued here, a pre-bid meeting to be participated by the parties who have submitted EOIs will be informed about the base price on September 3, 2003 at Karachi. The pre-bid meeting will also facilitate the prospective investors for better understanding of the transaction and the bidding process.

According to a handout issued here, a pre-bid meeting to be participated by the parties who have submitted EOIs will be informed about the base price on September 3, 2003 at Karachi. The pre-bid meeting will also facilitate the prospective investors for better understanding of the transaction and the bidding process.