Privatisation Commission

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Business

Web Desk
Jul 03, 2025

Govt appoints financial advisors to speed up ZTBL privatisation

The board also approved the constitution of a Negotiation Committee to finalize the Financial Advisory Services Agreement (FASA) with the selected consortium.

Business

Web Desk
May 27, 2025

PIA privatisation deadline extended once again

The government has extended the deadline to submit bids for the privatisation of Pakistan International Airlines (PIA) until June 19, 2025.

Business

Web Desk Karachi
Mar 12, 2025

Privatisation of Roosevelt Hotel moves forward as CCOP weighs sale vs. partnership options

Pakistan hired Jones Lang LaSalle Americas as the financial advisor for the Roosevelt privatisation process at a cost of Rs2.1 billion, that emphasised on a joint venture option for future development of a multi-story mixed-use skyscraper, citing its expertise in the New York real estate market.

Business

Web Desk Karachi
Mar 11, 2025

Government commits to PIA privatisation by July, Roosevelt Hotel’s future still in limbo

In a briefing to the IMF regarding the stalled privatisation agenda in Pakistan, federal authorities indicated a commitment to privatise between five to seven entities. This includes PIA, three financial institutions, and three power distribution companies.

Business

Web Desk Karachi
Feb 14, 2025

PIA privatisation deadline shortened by four months to June 2025

The IMF is backing PIA privatisation, potentially offering a significant incentive by considering a waiver of the 18% GST on new aircraft purchases post-privatisation.

Business

Web Desk Karachi
Jan 13, 2025

Pakistan considers privatising Roosevelt Hotel in NY amid uncertainty over foreign interest

The recommendation comes after a two-year-long uncertainty over the hotel’s fate, which has been exacerbated by the change in the US administration.

Business

Web Desk
Aug 24, 2024

Privatisation commission defers decision on financial advisor for Roosevelt Hotel

The Privatisation Commission (PC) Board, during its meeting on 20th August 2024, did not reach any conclusions regarding the appointment of a financial advisor or on the presentation related to the Roosevelt Hotel.

Business

Web Desk
Nov 16, 2023

PC requests tempered fleet from FBR to accelerate PSEs Privatisation

The Commission emphasised its commitment to engaging in consecutive meetings with various stakeholders, including National and International Investors, Bankers, Chartered Accountants, Lawyers, Financial Advisors, Federal Secretaries, and other relevant entities.