Advisor to the Prime Minister on Privatization and Chairman Privatization Commission Muhammad Ali said that Fauji Fertilizer may join the consortium for PIA privatization, and the government is completely satisfied with the privatization process of PIA and its results.
Chairman of Arif Habib Group, Arif Habib, has said that the consortium wanted to buy 100 percent shares of PIA. Fauji Fertilizer Consortium may become part of this consortium. While Shahzeb Khanzada said in an analysis that the offer of negotiations, the government’s leniency, or political pressure? While presenting his analysis, he said that after a long wait and efforts, the privatization of Pakistan’s national airline has been completed.
Advisor to the Prime Minister on Privatization and Chairman of the Privatization Commission Muhammad Ali has said that the government is completely satisfied with the privatization process of PIA and its results. The privatization of the national airline has been implemented at a reasonable and better price. He clarified that PIA hotels located in Paris and New York have not been included in the privatization process.
There is a plan to hand over the airports of Islamabad, Lahore, and Karachi to the private sector on a long-term concession. He said that until other important sectors, including the energy sector, are handed over to the private sector, positive results of economic reforms will not be seen. More successes will be seen in the privatization process by 2026.
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