ISLAMABAD: Federal Minister for Defence, Defence Production and Aviation Khawaja Muhammed Asif on Thursday said that the privatisation of PIACL would be the priority of the government.

The minister chaired a meeting where he was given a detailed briefing by the Secretary Aviation on the role of the Aviation Ministry, National Aviation Policy 2023, the challenges faced by Pakistan’s aviation industry, the opportunities, and the air services agreements with other countries.

The minister was also briefed on the entities working under the ministry including Pakistan Airlines Corporation Ltd, Pakistan Civil Aviation Authority, Pakistan Airport Authority, Bureau of Air Safety Investigation, Air Port Security Forces and Pakistan Meteorological Department.

Caretaker cabinet approves PIA’s privatisation plan

While being briefed on PIACL, the minister also commended the joint venture for mix use re-development of the Roosevelt Hotel.

Federal Minister Khawaja Muhammed Asif showed his resolve to grow the aviation industry of Pakistan in terms of enhancing its contribution to the country’s GDP.

International Finance Corporation (IFC) apprised the minister about the latest development of outsourcing of three major airports including Islamabad International Airport, Jinnah International Airport Karachi, and Allama Iqbal International Airport Lahore in the first phase.

The meeting was attended by secretary aviation Saif Anjum, CEO PIACL Air Marshal Aamir Hayat, DG PCCA Khaqan Murtaza, DG ASF Major General Asif Adnan Jah, Chairman PIA-IL Shoukat Ali, DG PMD Sahibzad Khan, team IFC, and other senior officers of the ministry.

Copyright Business Recorder, 2024


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Power Master Mar 15, 2024 06:22am
Only fool n criminals buy bankrupt biz
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SAQIB NAWAZ Mar 15, 2024 08:23pm
Nothing will happen.... only a single chime will come
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Shahid Rizvi Mar 15, 2024 09:07pm
As you sow, so shall you reap. Apni tabaheyoun pey kabhee ghour ker sakey, Itnee zaleel qoum ko Fursat Kahan hey Josh.
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Imran Khan Mar 17, 2024 10:10am
Its better to sell when there is no will to care for the organizations. The life of professionals will be better off & valued more than it is now.
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