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PM orders fast-track privatization of PIA, out-sourcing of airport services

Posted on January 11, 2024 by News Desk

ISLAMABAD, Jan 9 (APP): Caretaker Prime Minister Anwaar-ul-Haq Kakar on Tuesday directed the authorities concerned to pace up the privatization process of Pakistan International Airlines (PIA), the national flag career. In a meeting with his Adviser on Aviation Air Marshal (retd) Farhat Hussain, the prime minister emphasized ensuring transparency in the process of privatization.

PM Kakar said privatization of state-owned enterprises was on priority for the government to save the national exchequer from further financial losses. He said the country’s aviation industry had a high scope of growth through investment. The prime minister also directed the out-sourcing of airport operations in a bid to ensure improvement of services. The Aviation Adviser briefed PM Kakar about the matters of the ministry and the reform process.

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