Due to the nature of the case, MOT felt that an independent and professional accounting firm was required to assess the situation at PKFZ and PKA. The process to engage a professional accounting firm required the approvals of various Government agencies and took longer than anticipated.
During the time it took to engage PwCAS and for the firm to conduct its position review, MOT begun to revamp the management of both entities. Marketing efforts for PKFZ was started in the middle of 2008. Several large potential investors were targeted and negotiations are on-going.


