Airport Privatization in Pakistan

Abstract

The airport infrastructures in Pakistan are ranked very low in comparison to airports around the world. Poor airport facilities hinder the growth of aviation sector and of national economy. In their present conditions, airports fail to attract the passenger and cargo carriers. Therefore, a large number of international passengers and cargo carriers have shifted their operations from Pakistanis to Gulf and Middle East. At the time when aviation sector is growing around the globe, the need for airport infrastructure development is immense. As a result, in many developed and developing countries, the Governments are involving private sector to develop the existing airports and to build new airports. Considering the current economic situation of the Pakistan, the Government is unable to invest heavily to develop world-class airport infrastructure. In order to modernize the airports in the country, the Government of Pakistan should infuse private capital.