The 10th Meeting of the Steering Committee on outsourcing of Islamabad, Karachi, and Lahore airports was held under the chairmanship of Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on 13 June 2024.
The meeting was inter-alia attended by the Minister for Defence & Aviation, Khawaja Muhammad Asif, Minister for Law & Justice, Azam Nazeer Tarar, Secretary of Aviation, Saif Anjum, officials from the Board of Investment, Civil Aviation Authority and a team from International Finance Corporation (IFC).
The IFC team presented a progress report on the outsourcing of Islamabad International Airport. It informed that healthy competition between various consortiums, comprising local and foreign investors, is expected on 15 July 2024, which is also the bid closing date.
The Steering Committee also reviewed progress on outsourcing of Lahore and Karachi airports and was satisfied with the work done so far. As per the plan, the concession structure for the two airports will be ready by mid-August this year.
The meeting ended with the expectation that outsourcing of Islamabad International Airport would eventually result in improved and world-class service standards and enhanced customer experience.
