Open Auction of Four Vehicles by Board of Investment Islamabad

The Board of Investment, Special Investment Facilitation Council Division, Government of Pakistan, will conduct an open auction of four vehicles on an as-is, where-is basis on 25 November 2026 at 11:00 a.m. The auction will take place at the Board of Investment, Kohsar Complex, Pak Secretariat, Islamabad.

The vehicles offered are one Toyota Corolla, registration GK-926, with a 2000cc engine, model year 2007; one Suzuki Mehran, registration GU-778, with an 800cc engine, model year 2009; one Suzuki Mehran, registration GU-780, with an 800cc engine, model year 2009; and one Suzuki Mehran, registration GK-364, with an 800cc engine, model year 2007.

The vehicles may be inspected during office hours on 23 and 24 November 2026 in the parking area of the Board of Investment, Kohsar Complex, Pak Secretariat, Islamabad. Bidders must bring their original CNIC on the auction day and provide their complete address, telephone numbers and an attested copy of their CNIC.

Every bidder must deposit Rs. 30,000 as refundable token money, together with a copy of their CNIC, to participate in the bidding. A vehicle will be sold only when the highest bid exceeds its reserve price. The successful bidder must deposit 25% of the bid amount in cash on the spot as earnest money and pay the remaining balance within 15 days of the auction. Failure to pay the balance within that period will result in forfeiture of the earnest money in favour of the government.

All government taxes will be applied at prevailing rates. Vehicle documents will be released after completion of all formalities. If the office is closed on the auction day for any reason, the auction will be held on the next working day at the same place and time.

No appeal against the auction will be made in any court of law. The auction committee reserves the right to accept or reject all or any bids under clause 33 of the PPRA Rules, 2004. For contact, Shoukat Ali, Assistant Director (Gen.), may be reached at 051-9220893. The Board of Investment office is located on the 6th Floor, Kohsar Block, Pak Secretariat.