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Islamabad, June 24: The Board of Directors of the Public Private Partnership Authority (P3A) reviewed key infrastructure and institutional development matters during its 43rd meeting chaired by Adviser to the Prime Minister on Privatisation and Chairman Privatisation Commission, Muhammad Ali.
The meeting brought together the Minister for Planning, Development and Special Initiatives, senior government officials, private-sector board members, and representatives from the Finance Division, Planning Commission, Privatisation Division, and P3A.
A major focus of the meeting was the National Highway Authority’s proposal for the Kharian-Rawalpindi Motorway (M-13) project. Board members discussed the proposal in light of the P3A Act 2017 and emphasized transparency, value for money, sound risk allocation, and compliance with all legal and regulatory requirements.
The Board agreed that the National Highway Authority should move the project through the Ministry of Communications to secure the required federal approvals under the PPP framework.
Members also noted that authorities would assess key commercial aspects of the proposed concession agreement, including financing arrangements, concession period, tolling structure, risk-sharing mechanisms, and expected returns, at the appropriate stage of the transaction process.
In addition, the Board reviewed measures to strengthen P3A’s institutional capacity. Participants stressed the need to enhance human resources, improve governance systems, and expand technical and transaction advisory capabilities.
The Board emphasized that a stronger P3A would be better positioned to support ministries and implementing agencies in developing commercially viable, bankable, and sustainable public-private partnership projects.
During the meeting, members highlighted the growing importance of PPPs in Pakistan’s infrastructure and development strategy. They noted that P3A’s placement under the administrative oversight of the Privatisation Division would improve policy coordination, strengthen institutional alignment, and encourage greater private-sector participation in development projects.
The Board reaffirmed its commitment to building a robust pipeline of PPP projects and attracting private investment into critical sectors. Participants expressed confidence that stronger institutions, transparent processes, and effective public-private collaboration would help position Pakistan as an investment-friendly and reform-oriented destination.
The meeting concluded with a commitment to accelerate infrastructure development through sustainable partnerships that support economic growth, connectivity, and long-term national development.
