On February 18, 2026, the Privatisation Commission of Pakistan formally announced the establishment of a Negotiation Committee specifically for the appointment of a Financial Adviser for the privatization of Islamabad International Airport (IIA). This committee will engage with the Asian Development Bank (ADB) to negotiate terms for a Financial Advisory Services Agreement, following the Commission's 248th meeting where the focus was on outsourcing airport operations through a competitive concession model. The board also reiterated its commitment to transparency and competitiveness in privatization efforts, having approved the audited financial statements for the fiscal year 2024-25. As reported by Profit by Pakistan Today, the transaction aims to enhance operational efficiency and service standards while maximizing returns for the government.