Commercial Services and Supplies
Company Overview of Printing Corporation of Pakistan (Pvt) Ltd.
Company Overview
Khyaban-e-Suhrawardy
Islamabad, 9252157
Pakistan
Founded in 1969
Phone:
92 51 920 3246
Fax:
92 51 920 8104
Key Executives for Printing Corporation of Pakistan (Pvt) Ltd.
Printing Corporation of Pakistan (Pvt) Ltd. Key Developments
The government of Pakistan is looking at shelving its plan to privatize Republic Motors (Pvt.) Limited after failing to recover prime land from illegal occupants belonging to the business and influential class. A senior official of the Privatization Commission said the government had been unable to get vacated the prime land of Republic Motors and was considering removing the company from the privatization list. The Privatization Commission had earlier invited Expressions of Interest (EOIs) from interested parties for the sale of land and buildings owned by Republic Motors. “The land spread over 42 kanals is worth billions of rupees,” said National Assembly member Pervez Malik. Secretary Privatization Imtiaz Kazi said the Ministry of Industries and Production has sought de-listing of the company from the privatization list. Privatization Minister Ghous Bux Khan Mahar said: “Getting the land vacated from the illegal occupants is the job of the parent ministry (industries and production ministry) and if it is unable to do this, the Privatization Commission cannot do anything.” Roosevelt Hotel Corporation NV is also not on the privatization list. The Cabinet Committee on Privatization approved the de-listing in March 2011 but left the final decision with the Cabinet Committee on restructuring that has yet to take a decision. The Privatization Commission has also shelved the plan to sell Printing Corporation of Pakistan (Pvt), Ltd after the Capital Development Authority refused to allow commercial utilization of the land attached to the civic body’s head office.
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To contact Printing Corporation of Pakistan (Pvt) Ltd., please visit pakistan.gov.pk/cabinet-test/autonomous_bodies/pcp.jsp#five. Company data is provided by Capital IQ. Please use this form to report any data issues.
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