The government sells PIA’s precision engineering complex to the Pakistan Air Force for Rs 6.5 billion – Trendy Blogger
The government has decided to sell Precision Engineering Complex (PEC), a business unit of Pakistan International Airlines (PIA), to the Pakistan Air Force (PAF) for Rs 6.5 billion. The deal includes Rs 2.5 billion in cash and Rs 4 billion in employee-related liabilities. The Express Tribune Quoting government officials. A ministerial committee has already approved … Read more