Faisalabad: 12 domestic and foreign investors have expressed interest in the privatization of FESCO.
According to Express News, large business groups from Turkey, China and Pakistan have come forward for the privatization of FESCO. 12 expressions of interest have been received to buy 51 to 100 percent shares of FESCO. The Privatization Commission has declared the privatization of FESCO as an important milestone.

After FESCO, the privatization process of JEPCO and IESCO is also underway. Pre-qualified investors will be given access to a virtual data room for due diligence.