{"id":92097,"date":"2020-07-02T19:07:05","date_gmt":"2020-07-02T14:07:05","guid":{"rendered":"https:\/\/tns.world\/?p=92097"},"modified":"2020-07-02T19:07:05","modified_gmt":"2020-07-02T14:07:05","slug":"ccop-directs-to-appoint-fa-for-roosevelt-hotel-new-york-transactions-2","status":"publish","type":"post","link":"https:\/\/tns.world\/?p=92097","title":{"rendered":"CCoP directs to appoint FA for Roosevelt Hotel New York transactions"},"content":{"rendered":"<p>Islamabad: July 02, 2020 (TNS): Cabinet Committee on Privatization has directed to appoint financial advisor for the best use of the Roosevelt Hotel New York owned by PIA-Investment Limited.<\/p>\n<p>The decision to this effect was taken at a CCoP meeting held in Islamabad on Thursday with Prime Minister&#8217;s Advisor on Finance Dr Abdul Hafeez Shaikh in the chair.<\/p>\n<p>The CCoP also directed Privatization Commission to hire a Financial Adviser to start the process for the transaction in light of the report of Ms Deloitte from July last year.<\/p>\n<p>The report recommended &#8220;that the highest and best use of the Roosevelt Hotel Property is to redevelop the site into a mixed use, through Joint Venture.<\/p>\n<p>It was also directed that Ms Deloitte would update its study on the Hotel transaction in the next four weeks and the same shall be shared with the CCoP.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: July 02, 2020 (TNS): Cabinet Committee on Privatization has directed to appoint financial advisor for the best use of the Roosevelt Hotel New York owned by PIA-Investment Limited. The decision to this effect was taken at a CCoP meeting held in Islamabad on Thursday with Prime Minister&#8217;s Advisor on Finance Dr Abdul Hafeez Shaikh [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":92098,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54,23],"tags":[],"class_list":["post-92097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-islamabad","category-national"],"_links":{"self":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/92097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=92097"}],"version-history":[{"count":1,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/92097\/revisions"}],"predecessor-version":[{"id":92099,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/92097\/revisions\/92099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/media\/92098"}],"wp:attachment":[{"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}