Investors from Germany, France, Netherlands, Qatar, United Arab Emirates, Malaysia, and Turkiye as well as local groups have shown their interest in outsourcing of three airports of Pakistan.
Minister for Defence and Aviation Khawaja Muhammad Asif chaired a meeting regarding the outsourcing of airports and privatisation of Pakistan International Airlines.
The federal government had earlier decided to outsource the country’s major three airports including Karachi, Lahore, and Islamabad. The International Finance Corporation briefed the meeting about updates on the matter.
Khawaja Asif directed to convene an online meeting with Pakistani ambassadors in these countries and to ask them for actively engaging with interested groups.
He also suggested linking local investors with international investors so that awareness of local investors can be increased and they can participate in the bidding process.
Privatisation Commission Secretary Usman Akhtar Bajwa informed the minister about the marketing plan and initial engagements with international investors. The federal minister directed to visit these countries to establish active links with potential investors and bring groups interested in privatisation to Pakistan.
The minister also pledged support for both transactions at the federal level. Secretary aviation, additional secretary ministry of foreign affairs, and other senior officers were also present on the occasion.
