PC receives SOQs from 8 parties

RECORDER REPORT

ISLAMABAD: In response to the invitation of Expression of Interest (EoI), for divestment of Pakistan International Airlines Corporation Limited (PIACL), published advertisement in leading national and international newspapers on 2nd and 3rd April 2024, the Privatisation Commission has received Statements of Qualification from (1) Fly Jinnah, (2) Air Blue Limited, (3) Arif Habib Corporation Limited, (4) Sardar Ashraf D. Baluch – SHANXI CIG Co Ltd (China), (5) Gerry’s International (Private) Limited, (6) Consortium Lead by Y.B. Holdings (Private) Limited, (7) Consortium Led by Pak Ethanol; and (8) Consortium Led by Blue World City.

The last date of submission of EoIs/SOQs was 1600 hours on 17th May 2024.

The Privatisation Commission will now carry out the pre-qualification process in line with the criteria laid down in the SOQs, under the PC Ordinance 2000 and rules and regulations framed thereunder.

Accordingly, the pre-qualified parties will be invited for the next stage of the bidding process.