Islamabad Airport Privatization Proposal
- Islamabad - The Privatisation Commission of Pakistan has moved forward with plans to privatise Islamabad International Airport, seeking new financial advisors to manage the transaction. This decision, made...
- The board opted to solicit fresh expressions of Interest (EoIs) for a financial advisor after initial screening reduced the pool of potential candidates from seven to only two.
- The Commission also decided to terminate the ongoing sale process for a 51% shareholding in the house Building Finance Company Ltd (HBFCL).
Pakistan Privatisation Commission Advances Airport Sale, Reconsiders Housing Finance Deal
Table of Contents
Islamabad – The Privatisation Commission of Pakistan has moved forward with plans to privatise Islamabad International Airport, seeking new financial advisors to manage the transaction. This decision, made during a board meeting on January 9th, 2026, follows a previous ruling by the Cabinet Committee on Inter-Governmental commercial Transactions (CCoIGCT) on January 1st, 2026, rejecting a government-to-government transaction model. The Commission will pursue a concession model through an open and competitive bidding process. privatisation Commission of Pakistan
Financial Advisor Selection
The board opted to solicit fresh expressions of Interest (EoIs) for a financial advisor after initial screening reduced the pool of potential candidates from seven to only two. Commission officials stated this move aims to ensure a “more robust and competitive process” for the airport’s privatisation. Concurrently, the Commission has been authorised to directly negotiate with the Asian advancement Bank (ADB) regarding their potential appointment as financial advisor. Asian Development Bank
House Building Finance Company Ltd (HBFCL) Sale Terminated
The Commission also decided to terminate the ongoing sale process for a 51% shareholding in the house Building Finance Company Ltd (HBFCL). The sole bidder, Pakistan Mortgage Refinance Company (PMRCL), offered Rs4.2 billion, significantly below the Cabinet Committee on Privatisation’s approved reference price of Rs13.55 billion.The board recommended restarting the HBFCL privatisation with a new financial advisor. Pakistan Mortgage Refinance Company
Utility Privatisation Committees Formed
further, the board approved the establishment of transaction committees dedicated to the privatisation of Hyderabad Electric Supply Company (Hesco) and Sukkur Electric Power Company (Sepco). Details regarding the composition and timelines for these committees were not immediately released. National Electric Power Regulatory Authority
As of January 11th, 2026, no further developments have been officially reported regarding these privatisation initiatives.