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Progress so far
| 1. |
The Scheme was launched by the Prime Minister of Pakistan on 14th August, 2009. So far Employees Trust have been created/registered in the following 34 entities:-
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S # |
Entity Name |
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1 |
Heavy Mechanical Complex Taxila |
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2 |
Oil and Gas Development Company Ltd. |
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3 |
Pakistan Petroleum Ltd. |
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4 |
Pakistan State Oil |
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5 |
Sui Northern Gas Pipelines Ltd. |
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6 |
National Power Construction Corporation |
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7 |
Pakistan International Airline |
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8 |
National Engineering Services of Pakistan |
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9 |
Pakistan Machine Tool Factory |
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10 |
Heavy Electrical Complex |
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11 |
Jamshoro Power Generation Company Ltd. |
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12 |
National Investment Trust |
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13 |
Pakistan National Shipping Corp. |
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14 |
Lakhra Coal Development Company |
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15 |
National Insurance Company Ltd. |
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16 |
National Construction Ltd. |
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17 |
National Telecommunications Corporation |
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18 |
Pakistan Reinsurance Company Ltd. |
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19 |
Mari Gas Company Ltd. |
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20 |
Sui Southern Gas Company Limted |
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21 |
Islamabad Electric Supply Company Ltd. |
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22 |
Printing Corporation of Pakistan |
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23 |
Pakistan Tourism Development Corporation |
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24 |
PTDC Motel North |
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25 |
Pakistan Tours (Pvt) Ltd |
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26 |
Associated Hotels of Pakistan |
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27 |
Utility Stores Corporation |
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28 |
Pakistan Mineral Development Corporation |
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29 |
Telephone Industry of Pakistan |
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30 |
First Women Bank |
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31 |
Zarai Tarakiyati Bank Ltd. |
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32 |
Pakistan Agriculture & Storage & Supply Corp. |
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33 |
SME Bank Ltd. |
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34 |
Export Processing Zone Authority |
| 2. |
Subsequently, the shares have been distributed in HMC, OGDCL, PSO, SNGPL, PPL, PIA, NPCC, NESPAK, HEC, PNSC, NICL, NCL, NTC, PRCL and MGCL. |
| 3. |
Shares certificates of IESCO, PCP, PMDC, PTDC, and SSGC will be distributed in near future. |