Three consortia take part in bidding for privatisation of PIA
Business
The bidding process would be completed in stages. Three consortiums are involved in the bidding process under the Privatisation Commission
ISLAMABAD (Dunya News) – The bidding for the privatisation of the national carrier, Pakistan International (PIA), began on Tuesday with three major business groups entering the fray to acquire the airline.
The bidding process would be completed in stages. Three consortiums are involved in the bidding process under the Privatisation Commission. The first consortium consists of Lucky Cement, Hub Power Holdings Limited, Kohat Cement Limited and Metro Ventures.
The second consortium consists of Arif Habib Corporation, Fatima Fertilizer, City Schools (Private) Limited and Lake City Holdings Limited.
The third consortium includes Air Blue (Private) Limited participating in the bidding process.
