Overview
- The Privatisation Commission Board held its 242nd meeting in Islamabad under Adviser Muhammad Ali and advanced actions covering HBFCL, PIA and the Islamabad, Lahore and Karachi airports.
- The board sent HBFCL’s reference price and sale agreement terms to the CCoP, with PMRCL confirmed as the sole pre-qualified bidder and its submitted bid to be opened only after the approvals process.
- The PIA process was updated as AKD Group joined the Arif Habib Corporation–led consortium in line with Statement of Qualifications criteria.
- The commission recommended placing the three major airports into the privatisation programme through long-term management concessions.
- Officials reaffirmed a focus on transparency, speed and strategic execution, with further steps dependent on CCoP decisions followed by cabinet ratification.