US, Amsterdam assets among 12 properties included in PIA sale
Key takeaways
- The documents show that several overseas assets have been included in the deal, including residential and commercial properties in the United States, the Netherlands, and India.
- According to the valuation reports, PIA’s residential property in the United States has been valued at $1.935 million.
- In Amsterdam, the airline’s sales office has been valued at €2.105 million, while the residence of the country manager has been assessed at €767,000.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: Twelve domestic and international properties owned by Pakistan International Airlines (PIA) will be transferred to the successful private consortium as part of the airline’s privatization process, according to official documents.
Details of the assets included in the transaction have surfaced, revealing that a total of 12 properties—located both in Pakistan and abroad—form part of the planned sale under the government’s broader restructuring and privatization initiative.
The documents show that several overseas assets have been included in the deal, including residential and commercial properties in the United States, the Netherlands, and India.