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26 int’l companies show interest in acquiring Islamabad airport on lease

By News Desk

September 19, 2023 11:09 AM


26 int’l companies show interest in acquiring Islamabad airport on lease

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Since efforts are afoot to lease out the Islamabad International Airport, as many as 28 international companies have expressed their interest in the project, reported 24NewsHD TV channel on Tuesday.

The international companies that have expressed their interest in running the affairs of the Islamabad Airport include Malaysia, Dubai, Saudi Arabia, Qatar, Turkey, and European companies.

The Pakistan Civil Aviation Authority (PCAA) has decided to hold a meeting in this regard.

For this purpose, the PCAA has called for a meeting in Dubai on September 26 for the outsourcing of Islamabad Airport.

The international companies have been invited to the meeting.

The PCAA administration will lease the Islamabad International Airport for 15 to 20 years to the highest bidder.

The companies that want to participate in the meeting must inform the PCAA by September 19.

The government also plans to outsource the Lahore and Karachi airports.

However, the outsourcing of these two airports has been delayed due to the adjacent Air Force facilities along with these airports.

 

Reporter Tayyab Saif


News Desk


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