The decisions were taken during the 44th meeting of the P3A Board, chaired by Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairperson of the P3A Board. The board approved Project Development Facility (PDF) support for STZA’s Islamabad Technopolis Project, which aims to establish a world-class integrated technology park in Islamabad through a public-private partnership model. The approved funding will support project preparation and transaction advisory work to develop a viable PPP framework. For the M-10 Karachi-Hyderabad Motorway and Guru Nanak Expressway projects, the board approved NHA’s request to directly hire IFIs as transaction advisors under the P3A regulations. The board also held strategic discussions on strengthening P3A’s role, increasing government ownership of PPP projects and prioritising initiatives based on national needs, market potential and project readiness.