Ministry of Privatisation, Government of Pakistan

Government of Pakistan Ministry of Privatisation Islamabad;3rd March, 2026. Draft Press Release Privatisation Commission Board Recommends Inclusion of FFC in AHCL-Led Consortium to CCoP The Privatisation Commission (PC) Board, in its 249th meeting held today under the chairmanship of Mr. Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman, Privatisation Commission, recommended to the Cabinet Committee on Privatisation (CCoP) the approval of inclusion of Fauji Fertilizer Company Limited (FFC) in the consortium led by Arif Habib Corporation Limited (AHCL), the successful bidder for Pakistan International Airlines Corporation Limited (PIACL). In accordance with the terms of the Share Purchase and Subscription Agreement (SPSA), FFC was nominated by the AHCL-led consortium, with AHCL serving as the lead member. The PC Board, after due scrutiny and review, endorsed the nomination after confirming that FFC fulfils the applicable eligibility and regulatory requirements. The proposed inclusion of FFC in the consortium is subject to approval by the Cabinet Committee on Privatisation (CCoP) / Federal Cabinet, as required under the applicable framework. In a separate agenda item, the PC Board also recommended a revision in the fee structure of the Privatisation Commission, to be charged from the proceeds of privatisation transactions. The proposal aims to enable the Commission to move towards greater financial sustainability and to support its institutional strengthening and reform initiatives. The PC Board reaffirmed its commitment to implementing the privatisation programme in a transparent, competitive, and rule-based manner to ensure optimal outcomes for the national exchequer.

Privatisation Update Privatisation Commission Board Recommends Inclusion of FFC in AHCL-Led Consortium to CCoP The Privatisation Commission (PC) Board, in its 249th meeting held today under the chairmanship of Mr. Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman, Privatisation Commission, recommended to the Cabinet Committee on Privatisation (CCoP) the approval of inclusion of Fauji Fertilizer Company Limited (FFC) in the consortium led by Arif Habib Corporation Limited (AHCL), the successful bidder for Pakistan International Airlines Corporation Limited (PIACL). In accordance with the terms of the Share Purchase and Subscription Agreement (SPSA), FFC was nominated by the AHCL-led consortium, with AHCL serving as the lead member. The PC Board, after due review, endorsed the nomination and confirmed that FFC fulfils the applicable eligibility and regulatory requirements. The proposed inclusion of FFC in the consortium is subject to approval by the Cabinet Committee on Privatisation (CCoP) / Federal Cabinet, as required under the applicable framework. In a separate agenda item, the PC Board also recommended a revision in the fee structure of the Privatisation Commission, to be charged from the proceeds of privatisation transactions. The proposal aims to enable the Commission to move towards greater financial sustainability and to support its institutional strengthening and reform initiatives. The PC Board reaffirmed its commitment to implementing the privatisation programme in a transparent, competitive, and rule-based manner to ensure optimal outcomes for the national exchequer. @Financegovpk @PrivComPakistan @PakPMO @GovtofPakistan @MoIB_Official #PrivatisationCommission #PIACL #EconomicReforms #Transparency #InvestorConfidence #PakistanEconomy

Since 1924, the Roosevelt has anchored Midtown Manhattan as an iconic landmark. We are honouring its legacy by securing its future through smart, responsible redevelopment—protecting the asset while unlocking sustainable long-term value through structured, transparent approaches. More information: privatisation.gov.pk #RooseveltHotel #Heritage #AssetManagement #UrbanDevelopment #Redevelopment #ValueCreation #Governance #Transparency #JointVenture #Pakistan

In the next quarter, Expressions of Interest (EOIs) for DISCOs will be launched as part of the reform roadmap. This step supports structured market engagement and reinforces transparency and accountability in the process. Stakeholders are encouraged to follow official channels for forthcoming announcements. More information: privatisation.gov.pk #NextStep #EOI #DISCOs #PowerSectorReform #EnergyReform #Privatisation #Transparency #Governance #MarketEngagement #Pakistan

Adviser to the Prime Minister on Privatisation, Muhammad Ali, addressed a press conference at the Pakistan Governance Forum, highlighting the government’s commitment to transparency, economic reforms, and accelerated privatisation initiatives. The Adviser reaffirmed the Government’s vision of accountability, efficiency, and public sector reforms for a stronger Pakistan. #Privatisation #Governance #EconomicReforms #Pakistan #Transparency #Investment #PublicSectorReforms

Trust is essential for credible and sustainable transactions. We remain committed to transparent processes, strong governance, and accountable decision-making—aligned with international best practices. This commitment strengthens confidence, supports fair outcomes, and reinforces integrity throughout the privatisation lifecycle. More information: privatisation.gov.pk #Trust #Governance #Transparency #Accountability #InternationalStandards #Privatisation #InvestorConfidence #PublicSectorReform #SOEReform #Pakistan

A credible transaction process requires independent verification. Investors are provided full access to conduct their own buy-side due diligence, ensuring they understand the asset, risks, and obligations before making decisions. This strengthens transparency, supports informed participation, and reinforces confidence in outcomes. More information: privatisation.gov.pk #DueDiligence #Transparency #InvestorConfidence #Privatisation #Governance #Compliance #PublicSectorReform #SOEReform #Investment #Pakistan

Adviser to the Prime Minister on Privatisation, Muhammad Ali, chaired a high-level meeting to review the operational progress at the Privatisation Commission, reaffirming the Government’s commitment to transparency, efficiency, and accelerated reforms in the privatisation process. 🔗 Visit: privatisation.gov.pk #Privatisation #PrivatisationCommission #Pakistan #EconomicReforms #Governance #Transparency #PublicSectorReforms #Islamabad #GovernmentOfPakistan

Privatisation changes ownership, not the regulator. Regulation remains independent, with NEPRA continuing to carry out its mandate, including issuing licences and determining tariffs. This ensures consumer protection and fairness remain safeguarded as market efficiency improves through reform. More information: privatisation.gov.pk #Regulation #NEPRA #Governance #ConsumerProtection #PowerSector #EnergyReform #Transparency #Privatisation #MarketEfficiency #Pakistan

The Government is pursuing a Joint Venture model that protects the asset while unlocking its long-term potential through partnership and equity participation. This structured approach supports responsible redevelopment, sustainable value creation, and strengthened investor engagement under a transparent framework. More information: privatisation.gov.pk #RooseveltHotel #JointVenture #PublicPrivatePartnership #AssetManagement #ValueCreation #UrbanDevelopment #Governance #Transparency #Privatisation #Pakistan

Investor confidence is strengthened through transparency, governance, and predictable frameworks. Pakistan is open for business, with prime assets positioned for world-class partnerships that support responsible value creation and long-term economic growth. Our focus remains on enabling credible investment engagement through structured processes and strong oversight. More information: privatisation.gov.pk #InvestorConfidence #Investment #PublicPrivatePartnership #Privatisation #Governance #Transparency #ValueCreation #EconomicReform #PakistanOpenForBusiness #Pakistan

Adviser to the Prime Minister on Privatisation, Muhammad Ali, chaired the Privatisation Commission Board meeting held in Islamabad on 18 February 2026. 🌐 Visit: privatisation.gov.pk #Privatisation #PakistanEconomy #EconomicReforms #Islamabad #GovernmentOfPakistan #Investment #PublicSector #PakistanUpdates #BoardMeeting

Adviser to the Prime Minister on Privatisation, Muhammad Ali, received a bi-monthly briefing on the administrative matters of the Privatisation Ministry and Privatisation Commission. The session focused on operational efficiency, policy alignment, and strengthening institutional performance to advance Pakistan’s privatisation strategy. 🌐 Visit: privatisation.gov.pk #Privatisation #PakistanEconomy #EconomicReforms #GovernmentOfPakistan #PublicSector #Transparency #Islamabad #Investment #PakistanUpdates

Update on Privatisation Privatisation Commission Board Constitutes Negotiation Committee for Appointment of Financial Adviser for Islamabad International Airport The Privatisation Commission Board (PC Board), in its 248th meeting held today under the chairmanship of Mr. Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman, Privatisation Commission, constituted a Negotiation Committee to engage with the Asian Development Bank (ADB) to negotiate the terms of a potential Financial Advisory Services Agreement (FASA) in connection with the proposed privatisation of Islamabad International Airport (IIA). This decision follows the Board’s earlier approval to initiate direct negotiations with ADB in accordance with the Privatisation Commission (Hiring of Financial Adviser) Regulations, 2018. The Negotiation Committee has been mandated to undertake negotiations and submit its recommendations to the Board for consideration and approval, in line with the applicable regulatory framework. The proposed transaction envisages the outsourcing of airport operations under a concession model through an open and competitive process, with the objective of enhancing operational efficiency and improving service delivery standards, while ensuring optimal value realization for the Government of Pakistan. In a separate agenda item, the PC Board reviewed and approved the audited financial statements of the Privatisation Commission for the fiscal year 2024–25, in accordance with statutory requirements. The PC Board reaffirmed its commitment to undertaking all privatisation transactions in a transparent, competitive, and rule-based manner to safeguard public interest and maximize value for the national exchequer. #PrivatisationCommission #IslamabadInternationalAirport #EconomicReforms #Transparency #CompetitiveProcess #PakistanEconomy @PrivComPakistan @Financegovpk @PakistanADB @ADB_HQ @GovtofPakistan @MoIB_Official

Government of Pakistan Ministry of Privatisation **** Islamabad; 18th February, 2026. Press Release Privatisation Commission Board Constitutes Negotiation Committee for Appointment of Financial Adviser for Islamabad International Airport The Privatisation Commission Board (PC Board), in its 248th meeting held today under the chairmanship of Mr. Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman, Privatisation Commission, constituted a Negotiation Committee to engage with the Asian Development Bank (ADB) to negotiate the terms of a potential Financial Advisory Services Agreement (FASA) in connection with the proposed privatisation of Islamabad International Airport (IIA). This decision follows the Board’s earlier approval to initiate direct negotiations with ADB in accordance with the Privatisation Commission (Hiring of Financial Adviser) Regulations, 2018. The Negotiation Committee has been mandated to undertake negotiations and submit its recommendations to the Board for consideration and approval, in line with the applicable regulatory framework. The proposed transaction envisages the outsourcing of airport operations under a concession model through an open and competitive process, with the objective of enhancing operational efficiency and improving service delivery standards, while ensuring optimal value realization for the Government of Pakistan. In a separate agenda item, the PC Board reviewed and approved the audited financial statements of the Privatisation Commission for the fiscal year 2024–25, in accordance with statutory requirements. The PC Board reaffirmed its commitment to undertaking all privatisation transactions in a transparent, competitive, and rule-based manner to safeguard public interest and maximize value for the national exchequer

Privatisation can contribute to a more modern, efficient, and financially sustainable Pakistan by strengthening market efficiency, attracting investment, and improving enterprise performance. These reforms support productivity, long-term stability, and economic resilience—reinforcing the foundation for sustainable growth and economic sovereignty. More information: privatisation.gov.pk #ProsperousFuture #Privatisation #EconomicReform #Investment #MarketEfficiency #PublicSectorReform #EconomicResilience #Governance #Development #Pakistan

Privatisation changes ownership—not regulation. Independent regulatory oversight remains firm, with NEPRA continuing to perform its core functions, including issuing licences, determining tariffs, and protecting consumer interests. This ensures that as market efficiency improves, fairness and accountability remain safeguarded through strong regulation. More information: privatisation.gov.pk #NEPRA #Regulation #ConsumerProtection #PowerSector #EnergyReform #Governance #Transparency #Privatisation #MarketEfficiency #Pakistan

Strong governance requires structured oversight. Each privatisation transaction follows a multi-tier approvals framework to ensure transparency and accountability. Every transaction is reviewed sequentially through: PC Board (Tier 1), CCoP (Tier 2), and the Federal Cabinet (Tier 3). This process supports rigorous decision-making and strengthens confidence in the integrity of outcomes. More information: privatisation.gov.pk #Approvals #Governance #Transparency #Accountability #Privatisation #SOEReform #PublicSectorReform #Compliance #Oversight #Pakistan

Transparency is embedded in the privatisation lifecycle. We do not conduct deals behind closed doors. The final bidding stage is carried out through an open bidding process that is accessible to the media and the public, reinforcing fairness, accountability, and confidence in outcomes. More information: privatisation.gov.pk #Transparency #OpenBidding #Accountability #Governance #Privatisation #SOEReform #PublicSectorReform #Compliance #RuleOfLaw #Pakistan

Public feedback is essential for informed reform and better service outcomes. We invite your input: What is the most important factor in power distribution for you—Efficiency, Reliability, or Cost? Please share your perspective in the comments to help inform priorities and strengthen public engagement. More information: privatisation.gov.pk #Engagement #PublicOpinion #PowerSector #EnergyReform #ServiceDelivery #Reliability #Efficiency #Affordability #Governance #Pakistan