Chairperson Menzies Aviation discusses aviation cooperation with Finance Minister at Davos
UK-based Menzies Aviation is exploring a
significant expansion of its operations in Pakistan. Finance Minister Muhammad
Aurangzeb met with Menzies Chairperson Hassan El Houry at
the World Economic Forum in Davos to discuss opportunities for enhancing
airport services, operational efficiency, and investment in line with
Pakistan’s privatisation agenda.
Aurangzeb briefed El Houry on plans
to privatise Pakistan International Airlines and outsource operations at Islamabad,
Karachi, and Lahore airports, highlighting the country’s improving economy and
business-friendly environment. Menzies identified Sialkot as a strategic hub
for aviation and logistics.
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Minister inaugurates office of Menzies Aviation in Pakistan
Both parties emphasized improving airport service quality and passenger experience, with Menzies, which operates at over 350 airports across 60 countries, expressing strong interest in deepening its presence in Pakistan. The discussions concluded on a positive note, reinforcing prospects for long-term partnership and economic collaboration.
In separate meetings, Aurangzeb also
engaged with Asian Development Bank President Masato Kanda to review reforms
and private sector initiatives. Kanda lauded Pakistan’s progress, reaffirmed
ADB support, and highlighted collaboration in energy and sustainable growth
projects.
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Aviation and SAL to work together to improve passenger services
These engagements reflect Pakistan’s commitment to privatisation, international partnerships, and investment-driven growth, with officials underscoring the importance of global collaboration to accelerate reforms and bolster long-term economic development.
Source: Daily Times