PMLN-led govt to outsource three major airports of Pakistan
The PMLN-led coalition government has decided to outsource operations of the Karachi, Islamabad and Lahore airports to international operators in its bid to attract direct foreign investment and provide world-class facilities to passengers.
Prime Minister Shehbaz Sharif has directed to outsource the three airports under public-private partnership (PPP).
During the briefing, the premier was informed that the outsourcing airports are a normal ‘profitable practice’ across the world.
The decision was taken during a meeting, chaired by the prime minister, to discuss matters related to aviation and airports in Islamabad.
The airports that will be outsourced include Jinnah International Airport Karachi, Allama Iqbal International Airport Lahore and Islamabad International Airport, a statement from the PM’s Office said.
In order to pave the way for foreign direct investment in the country, it was decided to hire international operators with international reputation.
International operators will provide operational support to Islamabad, Lahore and Karachi airports. They will help run these airports for a period of 20 to 25 years.
PM Shehbaz also directed the Public Private Partnership Authority (PPPA) to initiate regulatory proceedings. He further said transparency should be ensured in this process.
The outsourcing of airports would not only provide revenue to the government but it will also help improve facilities for international travellers.