Completed in nine months, it has a new building for international departure and fast track check-in counters, according to an official statement.
"The new facilities have been completed at a cost of Rs 460 million and include a new taxiway," the statement said.
The construction of 1,700 feet x 75 feet taxiway link, adjacent to the lone runway which will help to save over Rs 1 billion per annum by reducing waiting time for aircraft.
Sharif visited after going through different renovated sections of the airport and directed that similar facilities be provided at other airports.
A blast-proof concrete wall has been built in front of the main terminal to separate it from the car park to make the airport more secure.