Auction of Lease Rights for Cold Storage Facility at Islamabad International Airport

The Pakistan Airports Authority is offering a golden opportunity for operators interested in cold storage facilities at Islamabad International Airport. This auction concerns the lease rights for Plot No E-102, covering an area of 1684 square yards. The lease period is 30 years, extendable for another 20 years upon mutual consent and subject to terms outlined in the PAA Land Lease Policy 2019. Interested bidders must be duly registered and licensed companies with relevant approvals for cold storage or temperature-controlled warehousing operations. Proof of such approvals must be submitted to the Auction Committee before the auction begins. The facility will be operated at the successful bidder's own cost and responsibility. Defaulters and blacklisted companies are not eligible to participate. The auction will be held on 30th July 2026 at 11:00 AM in the Red Building Conference Room, Block-III, IIAP Islamabad. Bidders are required to bring two copies of their CNIC and submit a non-refundable auction participation fee of PKR 10,000 along with the earnest money of PKR 1,000,000 in the form of a Pay Order favoring Pakistan Airports Authority. The highest bid will be subject to approval by the PAA Executive Committee. This tender is ideal for companies with experience in cold storage operations and a strong financial standing. The auction process demands careful preparation of documents and timely submission. One practical tip for bidders is to ensure all approvals and financial instruments are ready well before the auction date to avoid last-minute issues. The submission deadline and venue are fixed, so punctuality is crucial. This is a significant opportunity to establish a long-term presence at a major international airport, with clear terms and a transparent auction process. Interested parties should review all terms and conditions available on the PAA website and prepare accordingly.