Govt ka Roosevelt Hotel ke revival k liye joint venture krne ka decision.

Summary:

Cement sector ke major players Pakistan International Airlines (PIA) ko acquire karne ke liye front line par hain, jab ke Roosevelt Hotel New York ke liye joint venture model approve ho gaya hai. Yeh steps reflect karte hain Pakistan ke privatization agenda ki renewed speed aur focus on economic reform.

Cement companies PIA khareedne ke liye front line pe

Cement companies PIA khareedne ke liye front line pe aagaye hain as Pakistan moves closer to privatising its loss-making national airline. Tuesday ko Privatisation Commission ne chaar local groups ko bidding ke liye qualify kar diya, jin mein se teen ka taluq cement industry se hai.

Yeh development us waqt saamne aayi jab Cabinet Committee on Privatisation (CCOP) ne Roosevelt Hotel New York ke future ka faisla kar liya — aur joint venture ka model select kar liya gaya hai. Yeh model pehle financial advisor ne suggest kiya tha, lekin pehli dafa government ne isay formally approve kiya hai. CCOP meeting ko chair kiya Deputy PM Ishaq Dar ne.

PIA ke liye pre-qualified bidders kaun hain?
Privatisation Commission ke board ne, Muhammad Ali (Adviser to PM on Privatisation) ki chairmanship mein, Lucky Cement, Hub Power Holdings, Kohat Cement aur Metro Ventures ke consortium ko approve kiya. Dusra consortium mein Arif Habib Corp, Fatima Fertiliser, City Schools Pvt Ltd aur Lake City Holdings shamil hain.

Saath hi, Fauji Fertiliser Company ko bhi bidding ke liye qualified declare kiya gaya, despite being a private limited entity owned by Fauji Foundation. Interesting baat yeh ke sirf Airblue Pvt Ltd ek aisi company hai jo airline operate kar rahi hai aur qualified bidders mein shamil hai.

Ek aur consortium jisme Serene Air, Bahria Foundation, Mega C&S Holding aur Equitas Capital LLC shamil thay — wo qualified nahi hua.

PIA Sale Details

Government 51% to 100% shares ke saath management control bhi offer kar rahi hai. Adviser Muhammad Ali ne confirm kiya ke PIA ki bidding October to December 2025 ke darmiyan expected hai. Pehli dafa jab sale try kiya gaya tha, us waqt PIA ki minimum price Rs85 billion rakhi gayi thi despite Rs45 billion ki negative balance sheet. Ab debt ko remove kar diya gaya hai taake value enhance ki ja sake.

Roosevelt Hotel New York: Joint Venture Model Finalised

PIA ke asset Roosevelt Hotel ke liye joint venture model select kar liya gaya hai — financial advisor Jones Lang LaSalle Americas ne recommend kiya tha. Yeh model country ke liye long-term value maximize karta hai without requiring additional upfront payment.

Government land value contribute karegi as equity aur initial deposits development partner se liye jaayenge. Deal ka final joint venture agreement 2027 tak execute kiya jaayega.

Report ke mutabiq:

“This option has the highest risk but also the highest net proceeds to Pakistan.”

Government ka Privatisation Vision

Privatisation Commission ke statement mein kaha gaya hai ke yeh moves government ke market-driven, transparent, aur investor-friendly privatisation agenda ka hissa hain. Yeh step Pakistan ke economic reform framework ka integral part hai.