Islamabad: The 43rd meeting of the Board of Directors of the Public Private Partnership Authority (P3A) was held under the leadership of Muhammad Ali, the Advisor to the Prime Minister on Privatisation. The board discussed crucial matters related to advancing Pakistan’s Public-Private Partnerships (PPP) agenda, particularly in developing investment-ready infrastructure and enhancing institutional capacity for effective PPP project delivery.

According to Press Information Department, the meeting was attended by key government officials, including the Minister for Planning, Development and Special Initiatives, representatives from the Finance Division, private-sector board members, and senior officials from P3A and the Privatisation Division. A main agenda item was reviewing the National Highway Authority’s proposal for the Kharian – Rawalpindi Motorway Project, aiming to improve regional connectivity and economic activity. The board emphasized the need for transparency, value for money, and sound risk allocation in accordance with the P3A Act, 2017.

The board agreed that the National Highway Authority should seek necessary federal approvals through the Ministry of Communications. Commercial terms of the concession arrangement will be evaluated according to the transaction framework. Additionally, the board focused on strengthening P3A’s institutional capacity, including human resource development and governance improvement, to support the preparation and delivery of viable PPP projects.

The board recognized the growing importance of PPPs in Pakistan’s development agenda. With P3A under the Privatisation Division’s oversight, the authority is poised to benefit from improved policy coordination and strategic support. The meeting concluded with a commitment to advancing PPP projects and positioning Pakistan as an investment-ready destination.