Trump shows interest to buy PIA’s Roosevelt Hotel in NY


Islamabad: US President Donald Trump has shown interest in buying PIA’s Roosevelt Hotel in New York, the National Assembly’ s standing committee on privatisation was told here on Wednesday.

During a meeting of the NA body, a senior PIA official told the members that the US president had shown interest to purchase the Roosevelt Hotel.

Privatisation Minister Muhammad Mian Soomro informed the meeting that the government was not selling the hotel. The government is planning to lease the property out or work with a private sector  in a joint venture, he added.

Khawaja Asif, the senior PML-N leader said that the privatisation matter should be discussed in the parliament.

He said that to get a good price for the hotel we should wait for an appropriate time.