The third party will pay a $100 million advance to the government: Resources.
Islamabad: Federal Government of Pakistan outsourced Islamabad International Airport for 15 years.
The third-party will pay $100 million to the government as an advance.
According to the report, the third party will be allowed to build shopping malls and branded shops at the airport.
The third party will be responsible for administrative and financial affairs, design, construction, service charges, exchange rate, and shop rents.
The Civil Aviation Authority (CAA) will be in charge of customs, site security, and immigration services. The demand for service recovery from the government is rejected as the people involved in Exit Control List (ECL) were not allowed to travel.
Civil Aviation Authority had demanded to collect the service charges from the government.
The Civil Aviation Authority issued an international tender a few days ago.
Nintendo’s designers strove for ‘elegance’ when remaking Ocarina of Time
- 14 hours ago
Amazon is now making a Melania Trump TV series
- 14 hours ago
Why animals are smarter than we think
- 12 hours ago
Instagram’s AI age detection is expanding globally
- 5 hours ago
OpenAI valued at $1.25 trillion, as rival Anthropic nears its IPO
- 14 hours ago
Trump’s 60 Minutes interview touched on AI safety, threat to arrest an AI exec
- 5 hours ago
Iran will not allow enriched nuclear material to leave the country, security chief says
- 3 hours ago
Pakistan calls for dialogue, implementation of peace deal in South Sudan
- 5 hours ago
Who will take care of us when we get old?
- 3 hours ago
Foam mattress makers in Pakistan shift focus to quality, service
- 6 hours ago
Zelda is back and better than ever
- 14 hours ago
Are you abandoning the fight if you move from a red state to a blue one?
- 3 hours ago
