KARACHI : A Turkish consortium, the sole bidder to take over the operations of Pakistan's Islamabad airport, has offered a concession fee below the minimum threshold, the chairman of the bid evaluation committee said on Thursday. The cash-strapped South Asian country is looking to generate revenue by speeding up a privatisation push, including outsourcing the running of three major airports. The consortium, comprising Terminal Yapi, ERG Insaat and ERG UK, bid to pay the government 47 per cent

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