Pakistan’s Privatisation Committee is attempting to streamline the state-owned entity sale process, an outcome that may hasten the partial privatisation of PIA – Pakistan International Airlines (PK, Islamabad International). New draft regulations allow direct negotiations with foreign entities and the setting of a floor price through a competitive process.

The proposed new regulations are formally known as the Privatisation Commission (Government to Government Agreement Mode – Manner and Procedure) Rules, 2023. The…

Source: ch aviation
Read more: Islamabad moves to speed up PIA's partial privatisation