Islamabad, The Minister for Privatization convened a meeting with potential Financial Advisors regarding the PIACL transaction today at 1700 PST. Local and international advisory firms were represented by 46 participants, who engaged in both online and in-person discussions.
According to Press Information Department, the Minister addressed a range of questions raised by the participants, touching upon various facets of the PIA financial advisory RFP. Topics included the financial and organizational restructuring of PIA, the timeline for divestment, and the specifics about data availability and provision for the successful bidder. Alongside the Minister, other officials such as the Secretary Privatization Division, Secretary Privatization Commission, DG, and consultants were also present.