ISLAMABAD: Following the successful privatisation of Pakistan International Airlines (PIA), the Privatisation Commission has proposed hiring market-based experts to strengthen its institutional capacity and accelerate the government’s privatisation agenda over the next year. Read More: Open bidding for PIA privatisation today The proposal was shared during a briefing to the Senate Standing Committee on Privatisation on Friday, […]
Privatisation Commission
Three bidders remain as PIA privatisation enters final stage
Pakistan’s Privatisation Commission is set to receive bids for a 75 per cent stake in Pakistan International Airlines (PIA) Corporation Ltd on December 23, with three bidders remaining after the withdrawal of Fauji Fertiliser Company Ltd. The bidding and opening process will be conducted under a publicly announced schedule and broadcast live to ensure transparency. […]
Govt moves ahead with PIA, airport privatisation plans
ISLAMABAD: The Board of Privatisation Commission on Friday made significant decisions concerning the ongoing privatisation of Pakistan International Airlines Corporation Ltd (PIACL) and the future management of the country’s three major airports — Islamabad, Lahore, and Karachi. Chaired by the Adviser to the Prime Minister on Privatisation, the meeting approved the inclusion of AKD Group […]
Privatisation commission proposes sale structure for Roosevelt hotel and PIA
The Privatisation Commission has proposed a single-transaction sale structure for the Roosevelt Hotel in New York City. This recommendation came from Privatisation Secretary Usman Akhtar Bajwa during a recent Senate Standing Committee meeting. Bajwa also announced the formation of a new committee. This committee will focus on attracting investors for the privatisation of Pakistan International […]