Privatisation Commission
Coverage of Privatisation Commission in the Nexus archive.
- Privatisation Commission approves ADB's advisory role in outsourcing Islamabad Airport operations
The Privatisation Commission approved the Asian Development Bank (ADB) to advise on outsourcing Islamabad International Airport operations via a competitive bidding process, aiming to improve efficiency and align with international standards. The government plans to privatize airports in Karachi and Lahore, with BDO Ebrahim appointed as external auditors for 2025–2028.
- Govt formally transfers management control of PIA to Arif Habib-led consortium
The Pakistani government transferred management control of Pakistan International Airlines (PIA) to a consortium led by Arif Habib Corporation, completing the privatisation process. The Privatisation Commission confirmed the first financial closing of the transaction after meeting 40 conditions precedent, including regulatory and commercial approvals.