Outsourcing Islamabad Airport: ADB, PC sign transaction advisory services agreement

ISLAMABAD: The Asian Development Bank (ADB) signed a Transaction Advisory Services Agreement (TASA) with Pakistan’s Privatisation Commission (PC) to support the PC in structuring and implementing the outsourcing of Islamabad International Airport.

Under the agreement signed here on Wednesday, the ADB will serve as the transaction adviser to support the PC in structuring and implementing the outsourcing of Islamabad International Airport.

The signing ceremony was led by Emma Fan, ADB’s Country Director for Pakistan, and Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman of the Privatisation Commission, with senior officials from the ADB and the Ministry of Privatisation Commission present.

The transaction focuses on awarding a long-term concession for the operations and maintenance of the airport to a qualified private sector operator through a transparent and competitive procurement process, aiming to enhance operational efficiency, service quality, elevate the passenger experience, and optimise value for the government.

“I appreciate the Privatisation Commission’s efforts and achievements and reiterate ADB’s commitment to support private sector development in Pakistan. ADB will leverage its expertise and lessons from structuring and delivering similar strategic transactions to ensure the success of this initiative,” said Emma Fan.

Copyright Business Recorder, 2026