ISLAMABAD: Pakistan’s privatisation strategy for its three largest airports has taken a significant turn, signalling a broader opening to global investors and setting the stage for what officials describe as a more transparent and competitive process.
The Privatisation Commission announced that the planned outsourcing of Islamabad, Lahore, and Karachi airports will now proceed through an open bidding mechanism, replacing the previously considered government-to-government framework.
The decision follows growing interest from both domestic and international stakeholders, prompting authorities to widen participation. The move is aimed at ensuring a level playing field, allowing all qualified local and foreign investors to compete under the same conditions.
The revised approach prioritises inclusivity, transparency, and fair competition key elements the government believes are essential for securing optimal economic outcomes.
The three airports, Islamabad International Airport, Jinnah International Airport in Karachi, and Allama Iqbal International Airport in Lahore are among the country’s most strategic aviation assets. Furthermore, Islamabad International Airport has now formally been placed on the active privatisation list, aligning it with ongoing processes for Lahore and Karachi.
The commission confirmed that extensive consultations have already taken place with entities from several partner countries, including the United Arab Emirates, Turkiye, and Saudi Arabia, alongside other international players.
These engagements, officials say, helped shape the decision to transition toward an open and competitive bidding structure. The core objectives behind the airport initiative include enhancing operational efficiency, upgrading infrastructure, maximising revenue, and attracting long-term private investment.
The government views these reforms as closely linked to its wider economic vision and international collaboration goals.
However, airports are not the only high-profile assets drawing attention. In a parallel development, the Privatisation Commission has also moved forward on another strategic property overseas one that holds both symbolic and commercial value for Pakistan.
