Prime Minister Shehbaz Sharif on Tuesday approved a series of key reforms aimed at accelerating development projects through strengthened public-private partnerships (PPPs), during a high-level meeting in Islamabad.
The prime minister granted in-principle approval to streamline the Public Private Partnership Authority (P3A) and reinforce the overall framework governing such collaborations. The initiative is designed to improve coordination and speed up the execution of infrastructure and development projects across the country.
As part of the restructuring, the P3A will now function under the Privatisation Division, a move intended to align its operations with modern governance needs and enhance efficiency in project delivery. Officials said the new structure would create a more integrated and responsive system for managing PPP initiatives.
Shehbaz Sharif also directed relevant ministries and departments to strengthen their capacity for initiating and managing development projects under the PPP model. He stressed that institutional performance should be evaluated on the basis of how effectively they can implement such schemes.
Reaffirming the government’s commitment, the prime minister said the reforms would improve transparency, efficiency, and private sector participation in national development efforts.
During the meeting, participants were briefed on international and regional PPP models, along with a proposed structure for Pakistan’s revamped system. The Cabinet Committee on Privatisation and the Privatisation Division will jointly oversee the restructured P3A framework.
The prime minister instructed authorities to ensure swift implementation of the approved reforms and accelerate progress on ongoing initiatives.
The meeting was attended by federal ministers Musadik Malik, Azam Nazeer Tarar, Ahsan Iqbal, Muhammad Aurangzeb, and senior officials.
