Islamabad: The federal government has decided to privatize Pakistan’s three major airports—Islamabad International Airport, Jinnah International Airport Karachi, and Allama Iqbal International Airport Lahore—as part of its strategy to enhance service quality, introduce modern facilities, and attract private sector investment.
According to Secretary Defence Lt. Gen. (Retd.) Muhammad Ali, all three airports are financially profitable. The Privatization Commission stated that the decision has been made “purely on economic and administrative grounds” to improve operational efficiency, provide passengers with world-class services, and increase revenue generation.
Sources said that Islamabad International Airport will be the first to be offered under the privatization program, with preparatory work already underway. The government has set a target to complete the privatization of all three airports within the next year.
According to official documents, the privatization of Islamabad International Airport, Jinnah International Airport, Karachi, and Allama Iqbal International Airport, Lahore will be carried out during the first phase of the government’s airport privatization initiative.
