Turkish Consortium’s Lowball Bid Puts Islamabad Airport Privatization in Limbo
May, 7 2025

Turkish Consortium’s Lowball Bid Puts Islamabad Airport Privatization in Limbo

A Turkish consortium bid to operate Islamabad International Airport comes in below Pakistan’s minimum revenue requirement, casting uncertainty over the country’s aggressive privatization push tied to IMF reforms. The offer now awaits an assessment by the International Finance Corporation.