PM Shehbaz directs to ensure PIA's privatization within proposed time frame

Islamabad (Web Desk/Agencies): Prime Minister Shehbaz Sharif has directed the relevant authorities to ensure that the privatization of Pakistan International Airlines (PIA) takes place within the set timeline.

Chairing a meeting to review the progress of PIA’s privatization process, the prime minister emphasized the need for transparency throughout the procedure.

PM Shehbaz stressed the importance of engaging investors effectively, particularly through roadshows, and directed that the entire privatization process be broadcast live on television and digital platforms to ensure full transparency.

The meeting was informed that a detailed strategy for investor outreach had been formulated in collaboration with a consultant, and it was being thoroughly implemented.

The prime minister was also briefed on the criteria for the bidding process, the time frame required, and the conditions that must be met to participate in the bidding.

The meeting was attended by federal ministers Khawaja Muhammad Asif, Ahad Khan Cheema, Attaullah Tarar, Attorney General Mansoor Usman Awan, Advisors Muhammad Ali, Syed Tauqir Shah, Minister of State Bilal Azhar Kayani, Special Assistant Haroon Akhtar, National Coordinator of the Special Investment Facilitation Council (SIFC) Lt. Gen. Sarfraz Ahmed, and other senior officials.