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Thu 5 Dec 2019 02:59 PM

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Pakistan to use Expo 2020 Dubai pavilion to sell abandoned state buildings

Pakistani government hopes to use the funds from the sale to finance welfare schemes

Pakistan to use Expo 2020 Dubai pavilion to sell abandoned state buildings
Pakistani Prime Minister Imran Khan - AFP PHOTO AAMIR QURESHI 

The Pakistani government is planning to use its pavilion at Expo 2020 Dubai to market the sale of unused state-owned buildings, it was reported on Thursday.

“These unutilised state properties will be marketed at the Dubai Expo to attract foreign and Pakistani investors to buy these assets,” Privatisation Secretary Rizwan Malik was quoted as saying during a meeting on Wednesday presided over by Prime Minister Imran Khan, according to a report by the Dawn website.

The funds raised by the sale of the abandoned and derelict buildings “will be spent by the government on public welfare schemes such as schools, colleges, hospitals,” the prime minister was quoted as saying.

Expo 2020 Dubai will run from October 20, 2020 to April 10, 2021 and it is estimated the event will attract 25 million visits, with around 70 percent coming from overseas.

In October, Pakistan formally announced its participation in Expo 2020 Dubai. The 3,449.9 square metre plot containing the Pakistani pavilion will be located in the general area of the Expo site, outside the three main themed areas.

"A special section for women and tech entrepreneurs and prominent Pakistanis who have succeeded in different segments of social and educational life will also be exhibited at the pavilion," Kamran Khan, commercial secretary at the Pakistan Embassy in Abu Dhabi, was quoted as saying by the Khaleej Times.