Relevant Competitive Tests:
What was the outcome of the Turkish consortium’s bid for Islamabad Airport operations reported on January 2, 2025?
A. Accepted at the minimum fee
B. Rejected due to lack of experience
C. Offered below the minimum feeCorrect Answer
D. Accepted with conditions
Correct Option: C. Offered below the minimum fee
Detailed Explanation & Reference:
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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