Govt moves ahead with PIA privatization, issues official advertisement
2 Articles
2 Articles
Govt moves ahead with PIA privatization, issues official advertisement
ISLAMABAD: The federal government has officially issued an advertisement for the privatization of Pakistan International Airlines (PIA), opening the process for interested parties to submit bids, ARY News reported. This marks the second time the government has released an Expression of Interest (EOI) for PIA under the current administration. According to officials, the government is offering to sell between 51 percent and 100 percent of its shar…
Pakistan invites Expressions of Interest for PIA privatization on April 24
Islamabad: The government of Pakistan formally announced that it would invite Expressions of Interest (EOI) for the privatization of Pakistan International Airlines (PIA) on April 24, thus signifying a meritorious step towards the long-awaited divestment of the national carrier. The privatization commission has stressed that only serious and financially strong investors would be considered based on pre-qualification criteria being imposed to ens…
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