Islamabad, June 25, 2025: The Privatisation Commission has officially released the list of qualified parties in the ongoing PIACL privatisation process, affirming its commitment to a transparent and competitive approach in line with national interests.
The announcement confirms that eight Expressions of Interest (EOIs) were received from various local and foreign investors. Notably, the shortlisted entities include a consortium involving two international firms, highlighting growing global confidence in Pakistan’s airline sector and the government’s privatisation strategy.
In line with the rules, three parties were automatically disqualified for failing to submit their Statements of Qualification (SOQs) by the deadline of 19 June 2025. The Privatisation Commission clarified that these exclusions were purely procedural and involved no discretionary decision-making.
Meanwhile, a group of PIACL employees also expressed interest via email. However, their intent could not be processed as a valid EOI due to non-compliance with the formal application procedure. Despite the deadline extension for submissions, they did not complete the required formalities and, therefore, could not be considered.
The Commission reaffirmed its dedication to upholding integrity and ensuring investor confidence throughout the PIACL privatisation process. It warned that spreading misleading information may damage public trust and investor sentiment, emphasizing the need for responsible reporting.
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With international investors showing interest and a clear process underway, the Privatisation Commission is steering the PIACL transaction with full adherence to transparency, legal standards, and national objectives.
