PRIVATISATION PROGRAM OF THE GOVERNMENT

Since October 2013, the Cabinet Committee on Privatisation (CCOP) approved the following 68 Public Sector Enterprises (PSEs) for inclusion in the Privatisation Program. 42 of these PSEs have been approved by the CCOP for ‘Early Implementation’. These entities have been identified below:

Sr. # Name of Units Program for Early Implementation
Banking and Finance
1 Habib Bank Limited (HBL) (Completed)
2 United Bank Limited (UBL) (Completed)
3 Allied Bank Limited (ABL) (Completed)
4 National Investment Trust Limited (NITL)
5 Small and Medium Enterprise (SME) Bank
6 First Women Bank Ltd (FWBL)  
7 National Bank of Pakistan (NBP)
8 National Insurance Company (NIC)
9 Pakistan Reinsurance Company (PRC)
10 State Life Insurance Corporation (SLIC)
11 House Building Finance Corporation (HBFC)  
12 Industrial Development Bank Limited (IDBL)(1)  
Oil, Gas & Energy
13 Oil and Gas Development Corporation Ltd. (OGDCL)
14 Pakistan Petroleum Limited (PPL) (Completed)
15 Pakistan State Oil Company Limited (PSO)
16 Sui Northern Gas Pipelines Limited (SNGPL)
17 Sui Southern Gas Company Limited (SSGC)
18 Mari Petroleum Limited (MPL)
19 Government Holding Private Limited (GHPL)
20 National Power Construction Company (NPCC) (Completed)
21 Faisalabad Electric Supply Company Limited (FESCO)
22 Islamabad Electric Supply Company Limited (IESCO)
23 Lahore Electric Supply Company Limited (LESCO)
24 Gujranwala Electric Power Company Limited (GEPCO)
25 Multan Electric Power Company Limited (MEPCO)
26 Peshawar Electric Supply Company Limited (PESCO)
27 Hyderabad Electric Supply Company Limited (HESCO)
28 Quetta Electric Supply Company Limited (QESCO)
29 Sukkur Electric Power Company (SEPCO)
30 Kot Addu Power Company (KAPCO)
31 Jamshoro Power Generation Company Ltd – JPCL (GENCO- I)
32 Central Power Generation Company Ltd – CPGCL (GENCO – II)
33 Lakhra Power Generation Company Ltd – LPGCL (GENCO – IV)
34 Northern Power Generation Company Ltd – NPGCL (GENCO – III)
Fertilizers
35 National Fertilizers Corporation and its units and subsidiaries
Engineering
36 State Engineering Corporation and its units and subsidiaries
37 Pakistan Engineering Company (PECO)
38 Pakistan Machine Tool Factory (PMTF)
39 Sindh Engineering Limited (SEL)
40 National Construction Limited (NCL)
41 Heavy Electrical Complex (HEC)
42 Pakistan Steel Mills Corporation & its units
43 Pakistan Steel Fabricating Company Ltd
Minerals and Natural Resources
44 Pakistan Mineral Development Corporation (PMDC)
45 Lakhra Coal Mines (now Lakhra Coal Development Company)
Automobiles
46 Morafco Industries (Machinery as is where is basis)
47 Republic Motors Limited (RML)
Infrastructure
48 Civil Aviation Authority (CAA)
49 Port Qasim Authority (PQA)
50 Karachi Port Trust (KPT)
51 National Highway Authority (NHA)
Transport
52 Pakistan International Airlines Corporation (PIAC)
53 Pakistan National Shipping Corporation (PNSC)
54 Pakistan Railways & its allied facilities, factories, workshops etc.
Tourism
55 Services International Hotel, Lahore
56 PIA-IL (Roosevelt Hotel, NY & Scribe Hotel, Paris)
Telecom
57 Telephone Industries of Pakistan, Haripur (TIP)  
58 Pakistan Telecommunication Co. Ltd. (PTCL)
Others  
59 Printing Corporation of Pakistan (PCP)
60 National Book Foundation (NBF)
Corporations & other  
61 Pakistan Industrial Development Corporation and its units (PIDC)
62 Utility Store Corporation and stores (USC)
63 Trading Corporation of Pakistan (TCP)
64 Cotton Export Corporation of Pakistan*
65 Rice Export Corporation of Pakistan*
66 Export Processing Zone Authority*
67 Pakistan Industrial and Technical Training Centre
68 Convention Centre, Islamabad

 

(1) The entity (IDBL) was added in the privatisation programme pursuant to the decision of the Cabinet Committee on Privatisation dated 7th May, 2016

* Cotton Export Corporation of Pakistan and Rice Export Corporation of Pakistan have merged into the Export Processing Zone Authority.