The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) on Thursday approved a plan to transfer operations of Islamabad International Airport to the United Arab Emirates (UAE) under a government-to-government (G2G) framework.
The decision was taken at a meeting chaired by Deputy Prime Minister and Foreign Minister Ishaq Dar, marking a strategic shift in the management of one of Pakistan’s major transport hubs. The move aims to leverage UAE expertise and investment to improve airport operations.
According to a news report, a specialised negotiation team, led by Prime Minister’s Adviser on Privatisation Muhammad Ali and including senior officials from Defence, Finance, Law and Justice, and Privatisation ministries, will finalise the terms of the agreement.
“The government is committed to ensuring that this partnership serves Pakistan’s national interests while bringing airport operations to international standards,” Ishaq Dar said during the meeting.
Officials noted that the arrangement will facilitate a smooth transition of management and strengthen Pakistan’s connectivity, which is vital for economic growth and regional cooperation.
The deal is part of a broader strategy to deepen ties with the UAE, a key regional economic partner, amid rising competition and regional economic challenges. The CCoIGCT will closely oversee negotiations to ensure the agreement boosts Pakistan’s aviation sector and attracts foreign investment.