Government decides to outsource three major airports

ISLAMABAD (92 News) – The Federal government has decided to outsource three major airports in Pakistan. According to the reports, Islamabad Airport will be outsourced in the first phase. It is recommended to lease the terminal and land of the airport. It is estimated that the lease of the airport land will generate revenue of Rs 16.82 billion. In the second phase, Karachi and Lahore airports will be outsourced. The federal cabinet will decide on the summary of the aviation division today. However, the summary will be presented while the final approval will be given by the federal cabinet. A summary would be presented in the cabinet meeting to be held on Tuesday for approval. The cabinet will take up six-point agenda including outsourcing the all major airports.