Prime Minister Shehbaz Sharif announced today, Wednesday, that the bidding process for the privatization of the national flag carrier, Pakistan International Airlines (PIA), will take place on December 23.
He further stated that the entire bidding process will be broadcast live on media to ensure complete transparency.
The prime minister made the announcement during a meeting with representatives of the companies participating in the privatization process of the national airline.
PM Sharif stressed that transparency and merit are the foremost priorities in the privatization of the national airline.
He highlighted the strategic importance of restoring PIA’s global flight operations, noting that it would significantly benefit overseas Pakistanis.
The prime minister also emphasized that upgrading the national airline in line with modern demands is crucial for the development of the country’s tourism sector.
The Special Assistant to the Prime Minister on Privatization, also present at the meeting, remarked that the acquiring company stands to gain significant advantages from the purchase.
Concluding his remarks, Prime Minister Sharif expressed hope that whoever assumes responsibility after the bidding will focus all their energies on restoring the reputation and identity of the national airline.
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