ISLAMABAD: Federal minister for privatization, board of investment and communications Abdul Aleem Khan has said that the time for extension for offers for the privatization of PIA has ended and so far the privatization commission has received expression of interest by eight major business groups.
He said that these EOIs have been submitted by these business groups in the form of individuals and consortiums and now PC will conduct the pre-qualification process as per the rules and regulations of the PC Ordinance 2000.
Federal minister Abdul Aleem Khan told that among those who have submitted offers so far are Fly Jinnah, Air Blue Limited, Habib Corporation, Sardar Ashraf D. Baloch, Shanxi CIG Limited (China) and Gerry’s International Private Limited.
Similarly, he said that the consortium lead by Younas Brothers Holdings (Private), consortium lead by Pak Ethanol and consortium lead by Blue World City have also shown their expression of interest.
Federal minister for privatization Abdul Aleem Khan said that these 8 institutions have submitted their statement of qualification and expression of interest within the stipulated time and now the privatization commission would invite the eligible institutions for the next stage of the bidding process.
