The Pakistan Civil Aviation Authority has transferred the 15-year management rights of Islamabad International Airport to the Turkish consortium TERG.
TERG secured this right with a financial bid of 47.25%. The approval was officially announced during a meeting chaired by Aviation Secretary Ahsan Mangi.
Karachi and Lahore Airports to Be Privatized
The Pakistani government also plans to transfer the management rights of Karachi and Lahore airports to the private sector, alongside Islamabad. This initiative aims to modernize the country’s aviation infrastructure and enhance service quality.
It remains to be seen in the coming days whether Turkish companies will play an active role in the privatization of other airports.
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