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PIA Privatization To Be Completed in Two Weeks

admin-augaf by admin-augaf
September 20, 2024
in Budget, Business, Finance, International, National, News
Reading Time: 1 min read
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PIA Granted Permission to Operate Islamabad-Xian-Islamabad Direct Flights
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Islamabad September 20 2024: PIA corporation limited bidding for prequalified six bidders is planned for 1st October, 2024, according to Privatization Commission.

A meeting of Privatisation Commission Board was held in Islamabad on 20th September, 2024, under the Chairmanship of the Minister for Privatisation/ Chairman Privatisation Commission, Mr. Abdul Aleem Khan.

The board reviewed the current status of PIA privatisation and considered recommendations of the Financial Advisor with respect to the permitted changes under the terms of the Request for Statement of Qualification (RSOQ).

Privatisation Commission had prequalified six bidders including Fly Jinnah, Consortium led by YB Holdings (Pvt.) Limited, Airblue Limited, Consortium led by Pak Ethanol (Pvt.) Limited, Arif Habib Corporation Limited and Blue World City. The bidding for PIACL is planned for 1st October, 2024.

Tags: PIAPrivitization
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