Decision 14 keeps the same two categories of sectors: the first year in which the State owns nose candy% of the total equity; and the second category in which the State owns to a greater extent than 50% of the total (equitized) sh ares. Whats new is that Decision 14 has introduced the channels that will walk out privatization in the respective sectors.
With respect to the first category, two secernate changes are introduced.
The first key change is that grown scale multi-purpose electrical energy distribution is added to the sectors in which the State owns 100%. This change indicates that the State wishes to continue its monopoly in critical electricity distribution projects. This change also implies that those electricity distribution projects that are not considered large scale multi-purpose can then be released for privatization.
The second key change to the first category is that the State is to own 100% in enterprises playing major role in business, festering strategy; holding the key technology and know-how for which State-owned corporations need to maintain 100% ownership so as to implement the tasks depute to the corporations. This second key change is possibly introduced to limit the come of State owned subsidiaries in strategic areas. However, the vague expression of the Decision may lead to loose interpretation that in the end slows down the privatization in these areas.
With respect to the second category, where the State holds more than 50% of the total (equitized) shares, the following six changes will affect the relevant plans for privatization.
First, maintenance of the national railway system has been contract down to only maintenance of the infrastructure of the national...If you want to nourish a full essay, order it on our website: Orderessay
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