A. Accepted at the minimum fee
B. Rejected due to lack of experience
C. Offered below the minimum fee
D. Accepted with conditions
Submitted by: Areesha Khan
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A Turkish consortium, the sole bidder for Islamabad Airport operations, offered a concession fee of 47% of its revenue, below the government’s minimum threshold of 56%. The matter was referred to the International Finance Corporation for further evaluation.
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The correct answer to the question: "What was the outcome of the Turkish consortium’s bid for Islamabad Airport operations reported on January 2, 2025?" is "Offered below the minimum fee".