Qatar after UAE & Saudi cold shoulders Pakistan by refusing to invest in airport projects

NEW DELHI: Qatar, after UAE and Saudi Arabia, has could shouldered Pakistan with Qatar Investment Authority (QIA) decided against investing in key infra projects in Pakistan.

QIA is not interested in investing in airports in Pakistan mainly because of deviation from model of 2017 by authorities in Pakistan who are against handing over airport operations to professional management, according to reports in Pakistan media.

Pakistan desires to outsource individual services like parking services, tuck shop services, restaurant services at the airports, so that they could retain operational control. “The deviation by the authorities concerned from the earlier model carved out in 2017 under which expression of interests were sought for ‘Operation Management and Development Agreement’ and ‘Airport Services Licence’ is the main reason of refusal by Qatar Investment Authority to invest in major airports of Pakistan,” reveal the official documents accessed by Pakistani media.