Acting Managing Director Pakistan International Airline (PIA), Muhammad Junaid Yunus visited Infrastructure Project Development Facility (IPDF) on Monday to explore avenues of co-operation between the two entities. Junaid expressed his interest in the Public Private Partnership (PPP) programme as envisioned by President Asif Ali Zardari.
He opined PPP to be the only viable option for taking the financially strained airline towards the government's vision of strengthening state institutions by ensuring their financial self-sustainability.
He praised IPDF's role as being instrumental to the President's vision of promoting PPPs and expressed his desire to turn around the airline with the assistance of IPDF. IPDF, the central Public Private Partnership unit established under the Ministry of Finance, is mandated to assist line ministries and other government agencies in the structuring of their infrastructure projects on PPP basis.-PR