PIA to earn $220mln through leasing Roosevelt Hotel in New York: Saad

Islamabad, June 04, 2023 (PPI-OT): Minister for Railways and Aviation Khawaja Saad Rafique says the precious asset of the PIA Roosevelt Hotel, New York has been leased out for three years. Addressing a news conference in Lahore on Sunday, the Minister said the agreement will generate a revenue of 220 million dollars.

He expressed regret that previous government had made the decision to run the Roosevelt Hotel through a public private partnership. The Minister further said that Hajj operation of PIA is underway successfully and for the first time, this operation was started directly from Quetta.

For more information, contact:

Ministry of Information and Broadcasting

Government of Pakistan

4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan

Tel: +92-51-9103557

Email: info@moib.gov.pk

Website: http://www.moib.gov.pk

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