In a major step forward in the strategic privatization of Pakistan International Airlines (PIA), the Privatisation Commission of Pakistan organized a high-level presentation to attract key investors. The event saw the participation of notable North American investors and prominent business conglomerates from Pakistan and Saudi Arabia.

The investor delegation was warmly welcomed by Mr. Mohammad Ali, Chairman of the Privatisation Commission, and the CEO of PIA, alongside senior representatives from Ernst & Young (E&Y) and other key officials. The event highlighted the governments commitment to ensuring transparency and facilitating investor engagement in this landmark transaction.

Among the lead investors were Ms. Shazia Sharaf, Chairperson, and Mr. Nasim Siddiqi, Director of MEGA Group, who expressed strong appreciation for the transparent, investor-friendly approach adopted by the Privatisation Commission.

The North American investor group, representing a consortium of leading organizations both within and outside of Pakistan, reiterated its commitment to revitalizing PIA and transforming it into a leading regional aviation carrier with world-class operational standards.

Speaking at the presentation, Mr. Nasim Siddiqi commended the professionalism of the session and praised the Privatisation Commission for fostering a business-friendly environment. Strategic transactions like this play a critical role in attracting high-quality foreign direct investment into Pakistan, he said.

The initiative is seen as a gateway to increased North American private sector interest in Pakistan, potentially ushering in a new era of economic collaboration and investment.

Alliott Hadi Shahid, a prominent Dubai-based chartered accountancy and advisory firm, is serving as the lead financial advisor to the North American investor consortium for the PIA transaction.

The presentation marks a major step forward in Pakistans broader economic reform agenda and the government’s efforts to revitalize state-owned enterprises through international collaboration and strategic investment.

move towards the strategic privatization of Pakistan International Airlines (PIA), the Privatisation Commission of Pakistan hosted a high-level presentation aimed at engaging prominent investors. The event drew participation from distinguished North American investors and leading business conglomerates from Pakistan and Saudi Arabia.

The investor delegation was warmly welcomed by Mr. Mohammad Ali, Chairman of the Privatisation Commission, and the CEO of PIA, alongside senior representatives from Ernst & Young (E&Y) and other key officials. The event highlighted the governments commitment to ensuring transparency and facilitating investor engagement in this landmark transaction.

Among the lead investors were Ms. Shazia Sharaf, Chairperson, and Mr. Nasim Siddiqi, Director of MEGA Group, who expressed strong appreciation for the transparent, investor-friendly approach adopted by the Privatisation Commission.

The North American investor group, representing a consortium of leading organizations both within and outside of Pakistan, reiterated its commitment to revitalizing PIA and transforming it into a leading regional aviation carrier with world-class operational standards.

Speaking at the presentation, Mr. Nasim Siddiqi commended the professionalism of the session and praised the Privatisation Commission for fostering a business-friendly environment. Strategic transactions like this play a critical role in attracting high-quality foreign direct investment into Pakistan, he said.

The initiative is seen as a gateway to increased North American private sector interest in Pakistan, potentially ushering in a new era of economic collaboration and investment.

Alliott Hadi Shahid, a prominent Dubai-based chartered accountancy and advisory firm, is serving as the lead financial advisor to the North American investor consortium for the PIA transaction.

The presentation marks a major step forward in Pakistans broader economic reform agenda and the government’s efforts to revitalize state-owned enterprises through international collaboration and strategic investment.