PAK-Kuwait, Business Venture
Pakistan Kuwait Investment Company (Private) Limited (PKIC) is Pakistan’s leading Development Financial Institution (DFI) engaged in investment and development banking activities in Pakistan. PKIC was established as a joint venture between the Governments of Pakistan and Kuwait in 1979. The Company initiated operations with a paid-up capital of PKR 62.50 million. Over the years, paid up capital increased to PKR 6 billion while currently the total equity stands at PKR 19.73 billion, reflecting upon company’s impressive performance since inception.
PKIC was established with an objective of financing economically viable and technically feasible projects. PKIC as a development financial institution has played a pivotal role in promoting industrial activity, by way of equity and debt investment in key areas of the economy. PKIC support infrastructure development and enhance real economic activity. PKIC is a progressive and evolving organization providing attractive returns on investment to its shareholders. PKIC’s impressive history of dividend payouts is a testimony to its investor-friendliness.