Commission board approves eligibility criteria regarding PIA’s privatization
For this purpose, foreign investors will have to become partners with the local investors.
Islamabad: The privatization commission board has approved the eligibility criteria regarding the privatization of Pakistan International Airline (PIA).
According to the details, the bidder has to be financially strong at least having Rs30 trillions in his bank account for the auction of PIA and a pre-qualification committee has also been established while the government wants to sell PIA till this year in June.
Federal minister privatization Abd-ul-Aleem chaired a board session regarding this matter. Government asked bids for the auction of 51% on the stake of PIA.
On the other hand, the dead line has been fixed on May 3 to submit the qualification statement. For this purpose, foreign investors will have to become partners with the local investors.
Belgium into World Cup last 32 with New Zealand rout
- 11 گھنٹے قبل
Why this summer is the perfect time to start caring about sports
- 20 گھنٹے قبل
The Supreme Court’s embarrassing new Second Amendment decision, explained
- 20 گھنٹے قبل
Trump wants the US military to be rent-a-cops
- 11 گھنٹے قبل
Iran says it struck US-linked targets in response to US attacks
- 11 گھنٹے قبل
Bullet-hit four bodies found inside ambulance in Bannu: police
- ایک دن قبل
PM Shehbaz vows to pursue peace, dialogue and diplomacy for settlement of disputes
- 11 گھنٹے قبل
Magnitude 6.6 earthquake jolts southern Philippines, no tsunami alert raised
- ایک دن قبل
MSMEs take centre stage in govt’s economic vision, says SAPM Haroon Akhtar Khan
- 5 گھنٹے قبل
Small aircraft crashes into Beijing's tallest building, eyewitnesses say
- ایک دن قبل
5.9-magnitude earthquake rocks Punjab, Islamabad, parts of KP
- 7 گھنٹے قبل
How much do gold prices lose in value in Pakistan, global markets?
- 11 گھنٹے قبل
