PC Board advances airport outsourcing, LESCO, MEPCO privatisation

PC Board accords key approvals relating to outsourcing of AIIAP, JIAP, 2 Discos sell-off

ISLAMABAD - The Privatisation Commission (PC) Board has accorded key approvals relating to the outsourcing of Allama Iqbal International Airport, Lahore (AIIAP), and Jinnah International Airport, Karachi (JIAP), as well as the privatisation of Lahore Electric Supply Company (LESCO) and Multan Electric Power Company (MEPCO).

Privatisation Commission approves financial adviser for outsourcing Karachi, Lahore airports

ISLAMABAD: The Privatisation Commission on Tuesday approved the appointment of a financial adviser for the outsourcing of Lahore and Karachi airports. In a statement, the commission said its board of directors had approved a “consortium led by EY-Parthenon as the top-ranked interested party” for appointment as financial adviser for the outsourcing of Allama Iqbal International Airport, Lahore, and Jinnah International Airport, Karachi. The board…

Privatisation board clears EY-Parthenon for Lahore, Karachi - Profit by Pakistan Today

Privatisation Commission approves EY-Parthenon-led bid for airport outsourcing and declares LESCO, MEPCO major privatisation deals.

PC Board advances airport outsourcing, LESCO, MEPCO privatisation

The Privatisation Commission (PC) Board on Tuesday approved key steps for outsourcing Lahore’s Allama Iqbal International Airport (AIIAP) and Karachi’s Jinnah International Airport (JIAP), besides advancing the privatisation of Lahore Electric Supply Company (LESCO) and Multan Electric Power Company (MEPCO). The decisions were taken at the 257th meeting of the PC Board, chaired by Adviser to the Prime Minister on Privatisation and Chairman Priva…

Govt Begins Process to Outsource Lahore and Karachi Airports

Pakistan is moving ahead with plans to involve private-sector expertise in the management of Lahore and Karachi airports, marking another step toward upgrading the country’s aviation infrastructure. The government has started work on the outsourcing framework and is seeking a financial adviser to assist with developing the model. The adviser will help authorities assess the structure of the arrangement and support efforts to bring suitable priva…

LESCO, MEPCO and 2 International Airports to go Private Soon

The government has moved forward with the privatization of Lahore Electric Supply Company (LESCO) and Multan Electric Power Company (MEPCO), while also advancing plans to outsource operations at Lahore and Karachi airports. The Privatization Commission Board approved the appointment of an EY Parthenon-led consortium as the top ranked bidder for financial advisory services related to outsourcing Allama Iqbal International Airport in Lahore and Ji…