Cop Acceral PIA Privatization Plan

Islamabad:

The Cabinet Committee On Privatization (CCOP) approved on Tuesday an accelerated plan for the privatization of Pakistan International Airlines Corporation (Piacl), including the disinvestment of 51 to 100% of share capital as well as control of management.

Deputy Prime Minister and Minister of Foreign Affairs, Senator Ishaq Dar, chaired the committee meeting, said a statement published by the spokesman for the Ministry of Foreign Affairs.

The Deputy Prime Minister underlined the government’s commitment to the privatization of Piac to unlock its full potential.

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