PNN: The federal government has formally included Islamabad International Airport(IIA)in its privatization programme under a long-term concession framework, while also evaluating options to outsource airport operations in Islamabad, Karachi, and Lahore. Proposed models include management contracts and extended commercial concessions.
The Privatization Commission confirmed that Islamabad International Airport has been added to the active privatization list, aligning it with the ongoing privatization process already underway for Karachi and Lahore airports.
According to the commission, the initiative aims to improve operational efficiency, enhance passenger services, boost revenue, modernize infrastructure, and attract private investment from both domestic and international sources. Engagements are currently in progress with institutions from partner countries such as the United Arab Emirates, Türkiye, and Saudi Arabia, along with other global stakeholders.
The commission emphasized that these efforts support Pakistan’s broader economic strategy focused on modernising the aviation sector through mutually beneficial international cooperation.
Addressing recent reports, the Privatization Commission categorically dismissed claims suggesting the cancellation of any agreement related to Islamabad International Airport. It clarified that no lease or agreement—particularly with the United Arab Emirates—has been signed for Islamabad or any other airport, labeling such reports as misleading.
The commission further revealed that in November 2025, strong investor interest prompted the government to move away from a government-to-government (G2G) approach in favour of an open and competitive bidding process for all three airports. This shift ensures a level playing field for both local and foreign investors.
Officials stressed that the decision is strictly economic and procedural, carrying no political or diplomatic implications. The competitive privatization process will prioritize transparency, inclusivity, and fair competition, with the goal of achieving optimal economic outcomes and strengthening sustainable partnerships with international investors.