Pakistan, June 3 -- Pakistan's power distribution companies have attracted investment interest from China, Qatar, Saudi Arabia, and Turkiye. The development matters because it could accelerate power sector reforms and reduce financial losses. Foreign and local investors are expected to compete for stakes in major electricity distribution companies.

Government officials told a Senate committee that foreign investors would participate alongside local partners in the privatisation process. The federal cabinet has approved the transaction structure for selling between 51 and 100 percent shares of Faisalabad Electric Supply Company, Gujranwala Electric Power Company, and Islamabad Electric Supply Company.

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