Pakistan to host World Boxing Championship in Lahore this month

Usman Wazir (left), leading Pakistani boxer, gestures as Khushal Khan, actor turned boxer, speaks during a press conference announcing World Boxing Championship in Lahore this month, in Islamabad on January 4, 2025. (Photo courtesy: TikTok/@usmanwazeer1)
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Updated 04 January 2025
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Pakistan to host World Boxing Championship in Lahore this month

  • Leading Pakistani fighter Usman Wazir says boxing plays a crucial role in promoting the country’s image
  • He requests the Punjab provincial administration to sponsor the event, saying the sport inspires the youth

ISLAMABAD: A leading Pakistani boxer has announced that his country is set to host the World Boxing Championship in Lahore on January 25, marking a significant step for the sport in Pakistan, the state media reported on Saturday.
Boxing is a popular sport in Pakistan, but aspiring athletes often face challenges due to a lack of institutional mechanisms to identify and nurture talent across the country. Success in the sport largely depends on individual effort and determination.
Renowned boxer and World Youth Champion Usman Wazir said players from five countries, including Indonesia, Iran, Thailand and France, would compete in ten matches for the championship title.
“I want to promote the country internationally in boxing,” the Associated Press of Pakistan news agency quoted him as saying. “I am trying to organize such a mega event in Islamabad in the future.”
Wazir highlighted that unlike cricket, other sports in Pakistan received less attention but still played a crucial role in promoting the country’s image on the international stage. He maintained that boxing was inspiring the youth, leading many to take up the sport.
He called on the Punjab government, including Chief Minister Maryam Nawaz and Governor Sardar Saleem Haider Khan, to sponsor the event.
Emerging Pakistani boxer Khushal Khan, who will represent the country in the championship, said he drew inspiration from Wazir to pursue boxing.
Undefeated in his last 14 fights, Khan is determined to win the event and bring pride to Pakistan both nationally and internationally.


Pakistan forms committee to negotiate financial advisory services for Islamabad airport privatization

Updated 18 February 2026
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Pakistan forms committee to negotiate financial advisory services for Islamabad airport privatization

  • Committee to engage Asian Development Bank to negotiate terms of financial advisory services agreement, says privatization ministry
  • Inaugurated in 2018, Islamabad airport has faced criticism over construction delays, poor facilities and operational inefficiencies

ISLAMABAD: Pakistan’s Privatization Ministry announced on Wednesday that it has formed a committee to engage the Asian Development Bank (ADB) to negotiate a potential financial advisory services agreement for the privatization of Islamabad International Airport.

The Islamabad International Airport, inaugurated in 2018 at a cost of over $1 billion, has faced criticism over construction delays, poor facilities, and operational inefficiencies.

The Negotiation Committee formed by the Privatization Commission will engage with the ADB to negotiate the terms of a potential Financial Advisory Services Agreement (FASA) for the airport’s privatization, the ministry said. 

“The Negotiation Committee has been mandated to undertake negotiations and submit its recommendations to the Board for consideration and approval, in line with the applicable regulatory framework,” the Privatization Ministry said in a statement. 

The ministry said Islamabad airport operations will be outsourced under a concession model through an open and competitive process to enhance its operational efficiency and improve service delivery standards. 

Pakistan has recently sought to privatize or outsource management of several state-run enterprises under conditions agreed with the International Monetary Fund (IMF) as part of a $7 billion bailout approved in September last year.

Islamabad hopes outsourcing airport operations will bring operational expertise, enhance passenger experience and restore confidence in the aviation sector.

In December 2025, Pakistan’s government successfully privatized its national flag carrier Pakistan International Airlines (PIA), selling 75 percent of its stakes to a consortium led by the Arif Habib Group. 

The group secured a 75 percent stake in the PIA for Rs135 billion ($482 million) after several rounds of bidding, valuing the airline at Rs180 billion ($643 million).

Pakistan’s Finance Minister Muhammad Aurangzeb said this week the government has handed over 26 state-owned enterprises to the Privatization Commission.