ADB Appointed as Financial Adviser for Islamabad Airport Outsourcing

ADB to advise on airport outsourcing

Airport to be outsourced to private operator under long-term concession framework

ADB appointed as financial adviser for Islamabad airport outsourcing

The Privatisation Commission (PC) has appointed the Asian Development Bank (ADB) as financial adviser for outsourcing of operations of the Islamabad International Airport (IIAP). The decision was taken in the 255th meeting of the PC Board held on Friday under the chairmanship of Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman, Privatisation Commission, the PC said in a statement. The Board approved the signing of the Tr…

Privatisation Commission approves ADB's advisory role in outsourcing Islamabad Airport operations

The airport's services will be outsourced to a qualified private sector operator under a long-term concession framework through a competitive bidding process.

Privatisation Commission Approves ADB Deal to Privatise Islamabad Airport

The Privatisation Commission Board has approved the signing of a transaction advisory services agreement with the Asian Development Bank (ADB) for the outsourcing of operations at Islamabad International Airport. The approval was granted during a board meeting held on Friday. The agreement follows months of negotiations that began in February, when the board formed a […] The post Privatisation Commission Approves ADB Deal to Privatise Islamabad …