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Qatari Investors Plan To Take Islamabad Airport On Lease

Qatari Investors Plan To Take Islamabad Airport On Lease

ISLAMABAD: According to the confirmed sources, Qatari investors have shown a serious interest to take Pakistani airport on lease and in this regard they are in contact with some Government officials to take Islamabad International Airport on lease.

However, a team of Qatar Investment Authority (QIA) currently on a visit to Pakistan, which will discuss managerial control of Islamabad Airport so as to handle its matters effectively.

Whereas the Pakistani side is yet to reply on the visiting Qatar Investment Authority’s offer, sources said it is a positive sign that foreigners are coming for investment in Pakistan. It seems that Pakistan’s economy will be stable in future and this is the first time that a country has shown interest in taking a Pakistani airport on lease. Before that, Pakistan had kept Jinnah International Airport on mortgage owing to the bad financial position of the country.

Further sources said that the Qatari delegation also took interest in the tourism industry of Pakistan, adding that in this regard the Qatari team was taken to different locations in the federal capital, and Qatar also plans to invest in the agriculture sector of Pakistan as well as in the Prime Minister’s Naya Pakistan Housing Scheme.

The Qatar Investment Authority is clear in making investments in Pakistan and in this regard has asked Pakistan to complete the matters at the earliest. It is relevant to mention here that a high-level Qatari team, under the direction of Sheikh Faisal bin Thani al Thani, is presently on a visit to Islamabad.

According to the sources, on Monday, the Qatari delegation met Prime Minister Imran Khan, representatives of Board of Investment, Power Division Minister Omar Ayub Khan, Housing and Works Minister Tariq Bashir Cheema, Planning Minister Makhdoom Khusro Bakhtiar, Maritime Affairs Minister Ali Zaidi, Special Assistant to Prime Minister Zulfi Bukhari and Advisor to Prime Minsiter on Commerce Abdul Razak Dawood.

The Qatari delegation was briefed about the upcoming energy policy of the government and the potential for development in the power sector. They were also informed about the investment opportunities in the Naya Pakistan Housing Scheme and prospective of investments in the maritime sector, particularly Gwadar Port.

The QIA team included Sultan Ali Hamad, Sultan Hassan Al-Saadi and Faisal Abbas Chaudhry, Hamad Al-Mulla, Mohammed Al-Hasmi, Deven Arvind Karnik and Khalid Jolo.

For the time being, talking with media reporters, BOI Chairman Haroon Sharif confirmed that the Qatari delegation has shown an interest in four sectors of Pakistan, including hotels, energy, food processing, and aviation management.

We have shared the details of government-owned hotels and have also informed the potential tourist points, he stated. As the Qataris are well-known in the world for managing the airports, they asked us that if the government of Pakistan wants to outsource the airports. If the government offers this facility in the aviation policy, then we can invite the Qatari investors, he concluded.

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