Only one airport in the country (Sialkot) is 'privatised', and in reality that is merely a corporatisation, as it is financed by the local Chamber of Commerce. Investors may be equally concerned about the airports, which handle far fewer passengers than their peers in India. It has good scope for improvement, and the Karachi and Lahore airports are similar in nature. This includes major greenfield airport projects and feasibility studies for new airports throughout the country. But the government is venturing into virgin territory, where hard-nosed international investors are concerned, and one or the other might yet be disappointed in the final outcome.