PM will offer investment plans in Islamabad Airport to Qatari authorities

• The investment plan to administer Islamabad International Airport has been completed by the Civil Aviation Authority (CAA)
• Prime Minister Shehbaz Sharif’s visit to the State of Qatar may give management control to the Qatari authorities
• The CAA finance, legal, and commercial departments have completed the plan
• During his official visit to Qatar from August 22 to 23, the Prime Minister of Pakistan will offer investment in Islamabad Airport and PIA’s Roosevelt Hotel in America to the Qatari authorities
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• Prime Minister Shehbaz Sharif is expected to give a green signal on the plans completed by the airport and aviation management authorities

ISLAMABAD: The investment plan to administer Islamabad International Airport has been completed by the Civil Aviation Authority (CAA). Prime Minister Shehbaz Sharif’s visit to the State of Qatar may give management control to the Qatari authorities, BOL news reported on Wednesday. 

According to the details, the CAA finance, legal, and commercial departments have completed the plan. At Islamabad Airport, Pakistan International Airlines (PIA) and CAA authorities will give a briefing to the PM. It is also being considered to transfer the management control of the Roosevelt Hotel in the United States of America (USA) to Qatari authorities.

During his official visit to Qatar from August 22 to 23, the Prime Minister of Pakistan will offer investment in Islamabad Airport and PIA’s Roosevelt Hotel in America to the Qatari authorities.

According to the civil aviation sources, CAA and PIA officials have prepared all the plans after reviewing the laws and selling the desirable shares to Qatari authorities. The government of Pakistan wants to get foreign exchange by making a big financial deal with Qatar. The government plans to sell 51 percent of the shares, including management control, of the Roosevelt Hotel to Qatar.

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Prime Minister Shehbaz Sharif is expected to give a green signal on the plans completed by the airport and aviation management authorities.