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Divestment of PIACL: Privatization Commission receives Statements of Qualifications from 8 parties

WNAM: by WNAM:
May 17, 2024
in Pakistan
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Divestment of PIACL: Privatization Commission receives Statements of Qualifications from 8 parties
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ISLAMABAD ( WNAM REPORT) In response to the Invitation of Expression of Interest (EoI), for Divestment of Pakistan International Airlines Corporation Limited (PIACL),  published advertisement in leading national and international newspapers on 2nd & 3rd April, 2024, Privatisation Commission has received Statement of Qualifications from (1) Fly Jinnah, (2) Air Blue Limited, (3) Arif Habib Corporation Limited, (4) Sardar Ashraf D. Baluch – SHANXI CIG Co Ltd (China),  (5) Gerry’s International (Private) Limited, (6) Consortium Lead by Y.B. Holdings (Private) Limited, (7) Consortium Lead by Pak Ethanol and (8) Consortium Lead by Blue World City. The last date of Submission of EoIs / Statement of Qualifications was 1600 hours on 17th May 2024.

Privatisation Commission will now carry out the pre-qualification process in line with the criteria laid down in the RSOQs, under the PC Ordinance 2000 and rules & regulations framed thereunder. Accordingly, the pre-qualified parties will be invited for the next stage of bidding process.

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