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Pakistan: Khyber Pakhtunkhwa seeks stake in PIA privatisation with competi
Updated : 1 year, 7 months ago IST
The Khyber Pakhtunkhwa government has shown interest in the privatisation of Pakistan International Airlines (PIA), aiming to offer a competitive bid. The province's investment board has written to Federal Minister for Privatisation Abdul Aleem Khan, noting its intent to surpass the bid from
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Pakistan Airlines gets just one bidder, quotes PKR 10 billion for 60% shar
Updated : 1 year, 7 months ago IST
Pakistan government's attempt to privatise Pakistan International Airlines (PIA) hit a snag as the only bidder, Blue World City, offered PKR 10 billion for a 60 per cent stake--far below the minimum sale price of PKR 85 billion. The bidding process saw no competition after five other parties
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Pakistan International Airlines' privatisation: Six companies qualify for
Updated : 2 years ago IST
The announcement came a couple of weeks after Pakistan extended the date for submitting expressions of interest. A total of eight companies and consortiums had expressed an interest.
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