Pakistan Pursues Strategic Privatization: PIA Sale and Investments in Power Sector Underway

Under the government’s economic reform strategy, organized steps are being taken to **privatize key national institutions** effectively.

**Khurram Shehzad**, Advisor to the Finance Minister, described the **Pakistan International Airlines (PIA) privatization** as a **landmark and historic step**, adding that it has injected new momentum into the sector and is expected to bring further improvements in the coming days.

He stated that investments in **Power Distribution Companies** will enhance the electricity sector, and following the **Islamabad International Airport**, other airports in the country will also be outsourced.

In addition to airports, hotels and banks will also be included in the government’s privatization program. The **Privatization Commission of Pakistan** held its 249th meeting under the chairmanship of **Muhammad Ali**.

Khurram Shehzad further said that the inclusion of **FFC** in the PIA buyer consortium has been recommended to the **Cabinet Committee on Privatization** for final approval. He noted that the Privatization Commission Board verified FFC as legally qualified to be part of the consortium before recommending its inclusion.

This series of initiatives reflects the government’s continued push for structural reforms and modernization of national assets. 💼✈️⚡