{"id":555652,"date":"2026-07-11T10:56:59","date_gmt":"2026-07-11T05:56:59","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=555652"},"modified":"2026-07-11T10:56:59","modified_gmt":"2026-07-11T05:56:59","slug":"privatization-commission-appoints-adb-as-financial-adviser-for-the-iiap","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-appoints-adb-as-financial-adviser-for-the-iiap\/","title":{"rendered":"Privatization Commission appoints ADB as Financial Adviser for the IIAP"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nPrivatization Commission (PC) Board on Friday approved the signing of the Transaction Advisory Services Agreement (TASA) with the Asian Development Bank (ADB) for the outsourcing of operations of Islamabad International Airport (IIAP).<br \/>\nThe approval to this effect was granted in a meeting, which held under the chairmanship of Adviser to the Prime Minister on Privatization and Chairman, Privatization Commission Muhammad Ali, said a press release issued by the Privatization Commission.<br \/>\nThe PC Board reviewed the terms of the negotiated TASA and approved the agreement reached with ADB.<br \/>\nThe PC Board expressed confidence that ADB, with its expertise and experience, will be able to successfully complete this important transaction expeditiously while ensuring maximum competition and transparency.<br \/>\nIslamabad International Airport will be outsourced to a qualified private sector operator under a long-term concession framework through a competitive bidding process.<br \/>\nThe privatization is expected to enhance operational efficiency, improve passenger experience, and align airport services with international best practices.<br \/>\nFurthermore, the PC Board also granted approval for the appointment of BDO Ebrahim &#038; Company, Chartered Accountants, as external auditors for the audit of three financial years from 2025\u201326 to 2027\u201328, on the recommendation of the Audit Committee of the Board.<br \/>\nThe PC Board resolved to continue ensuring transparency, efficiency, and the maintenance of high standards to further strengthen investor confidence in the government\u2019s privatization program.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD Privatization Commission (PC) Board on Friday approved the signing of the Transaction Advisory Services Agreement (TASA) with the Asian Development Bank (ADB) for the outsourcing of operations of Islamabad International Airport (IIAP). The approval to this effect was granted in a meeting, which held under the chairmanship of Adviser to the Prime Minister on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-555652","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Privatization Commission appoints ADB as Financial Adviser for the IIAP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/privatization-commission-appoints-adb-as-financial-adviser-for-the-iiap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Privatization Commission appoints ADB as Financial Adviser for the IIAP\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD Privatization Commission (PC) Board on Friday approved the signing of the Transaction Advisory Services Agreement (TASA) with the Asian Development Bank (ADB) for the outsourcing of operations of Islamabad International Airport (IIAP). 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