Islamabad: Federal Minister for Power, Sardar Awais Khan Leghari, issued a statement on the social media platform X commending the landmark privatization of Pakistan International Airlines (PIA), following the successful Rs. 135 billion bid by the Arif Habib Consortium in a transparent auction.This achievement underscores the government’s commitment to economic stability and investor confidence.
Minister Leghari emphasized the significance of this development: “This landmark achievement of a successful Rs. 135 billion bid for PIA by the Arif Habib Consortium is a powerful testament to the success of the government’s reform agenda and restoring confidence of investors in Pakistan’s economy. This historic milestone was made possible by the visionary leadership and steadfast commitment of Prime Minister Shehbaz Sharif, Adviser on Privatisation Mr. Muhammad Ali and the unwavering support and guidance of Field Marshal Asim Munir. Their combined resolve has steered this critical privatization to fruition, signaling to the world that Pakistan is firmly on the path of economic stability, transparency, and sustainable growth. This transaction underscores the international business community’s renewed faith in our nation’s potential and marks a new chapter of efficiency and progress for our national institutions.”
Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.
