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Pakistan Industrial Development Corporation (PIDC) ( ur, ) is a
state corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the governmen ...
of
Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...
working under
Ministry of Industries and Production. It was established in 1952. PIDC was created to set up industries in such fields where large
capital
Capital may refer to:
Common uses
* Capital city, a municipality of primary status
** List of national capital cities
* Capital letter, an upper-case letter Economics and social sciences
* Capital (economics), the durable produced goods used f ...
was required and was difficult for the private sector and to set up industries in such backward areas to creating employment opportunities.
Subsidiary Companies
National Industrial Parks Development and Management Company
National Industrial Parks Development & Management Company (NIP) was created in 2006.
NIP is a public-private partnership established to develop focused industrial growth in Pakistan by developing world-class industrial parks all over the country.
The company was envisioned as a public-private hybrid. While it is a subsidiary of the PIDC, about 75% of its board members are from the private sector.
Technology Up-Gradation and Skill Development Company
Technology Up-Gradation & Skill Development Company (TUSDEC) has been incorporated in 2005 as a not for profit, guarantee limited company, a wholly owned subsidiary of Pakistan Industrial Development Corporation.
Its functions include:
* Promote and establish
Technology Upgradation and Skill Development Centres by establishing common facility, design, support and maintenance, applied research and
dissemination centres.
* To up-grade and
transfer technology in targeted industrial sectors to enhance their productivity and competitiveness in the local as well as global sphere.
Karachi Tools, Dies And Moulds Centre
KTDMC was incorporated as a "non-profit" organisation in 2006 under the Government's
Public Private Partnership
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichkei ...
program. KTDMC is being managed by an independent board of directors a majority of whom are techno-preneurs from the private sector.
KTDMC train professionals in field of designing, engineering and manufacturing of
tools
A tool is an object that can extend an individual's ability to modify features of the surrounding environment or help them accomplish a particular task. Although many animals use simple tools, only human beings, whose use of stone tools dates ba ...
, dies and moulds through computer aided design and manufacturing
Computer-aided design
Computer-aided design (CAD) is the use of computers (or ) to aid in the creation, modification, analysis, or optimization of a design. This software is used to increase the productivity of the designer, improve the quality of design, improve c ...
(CAD),
Computer-aided manufacturing
Computer-aided manufacturing (CAM) also known as computer-aided modeling or computer-aided machining is the use of software to control machine tools in the manufacturing of work pieces. This is not the only definition for CAM, but it is the most ...
(CAM) and
computer aided engineering
Computer-aided engineering (CAE) is the broad usage of computer software to aid in engineering analysis tasks. It includes , , , durability and optimization. It is included with computer-aided design (CAD) and computer-aided manufacturing (CAM) ...
(CAE).This is particularly important for the small and medium businesses which cannot otherwise afford large investments to set up such facilities for themselves.
Pakistan Stone Development Company
Pakistan Stone Development Company (PASDEC) is a public limited company functioning on
not for profit
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...
as a subsidiary of Pakistan Industrial Development Corporation (Pvt.) Ltd. under the Ministry of Industries & Production. PASDEC is mandated for the development, promotion and up-gradation of dimensional
Stone sector in Pakistan and promote value addition and develop domestic and international markets by introducing modern know-how and equipment.
Pakistan Gems and Jewellery Development Company
Pakistan Gems and Jewellery Development Company (PGJDC) is a subsidiary of Pakistan Industrial Development Corporation, Ministry of Industries & Production. The charter of the Company is to enhance the
value chain
A value chain is a progression of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) to the end customer. The concept comes through business management and was fir ...
productivity of gems and jewellery industry of Pakistan from Mine to Market. The Company aims to enhance exports through facilitation, technology up-gradation, skill development and marketing/branding initiatives.
Pakistan Hunting and Sporting Arms Development Company
Pakistan Hunting & Sporting Arms Development Company (PHSADC) is a sector development company, a subsidiary of Pakistan Industrial Development Corporation (PIDC), Ministry of Industries & Production for promoting
Gunsmith sector in the country.
PHSADC has undertaken the tasks of up-gradation and standardisation of locally produced hunting & sporting arms to internationally acceptable standards.
Furniture Pakistan Company
Furniture Pakistan Company is a subsidiary company of PFID established in 2007 to upgrade the
furniture industry
Furniture refers to movable objects intended to support various human activities such as seating (e.g., stools, chairs, and sofas), eating (tables), storing items, eating and/or working with an item, and sleeping (e.g., beds and hammocks). Fu ...
of Pakistan ultimately to enhance its export.
Southern Punjab Embroidery Industry
Southern Punjab Embroidery Industries is a joint venture project of private Sector and Pakistan Industrial Development Corporation. The company was established to promote and facilitate the continuous growth of the Hand & Machine made
embroidery industry to enhance the export of such products. The company supports the Embroidery Sector at large in upgrading-skill, development/diversification of Hand and Machine made Embroidery products, technical advice etc.
Aik Hunar Aik Nagar
Aik Hunar Aik Nagar (AHAN) is operating as a
not-for-profit
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...
Company since 2007. IT is a subsidiary of Pakistan Industrial Development Corporation (PIDC), under administrative control of Ministry of Industries & Production.
AHAN aim to generate non-traditional employment opportunities in rural areas by adopting and
indigenising the
One Village One Product (OVOP) concept of Japan and
One Tambon One Product
One Tambon One Product (OTOP) is a local entrepreneurship stimulus program designed by Thailand's former Prime Minister Thaksin Shinawatra during his 2001-2006 Thai Rak Thai government. The program aimed to support locally made and marketed produ ...
(OTOP) of
Thailand
Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bo ...
. The primary objective is to
alleviate poverty in rural and semi urban areas of Pakistan by supporting rural based micro and small enterprises engaged in the production of non-farm goods.
Pakistan Chemical And Energy Sector Skills Development
Pakistan Chemical and Energy Sector Skills Development Company (PCESSDC) was incorporated as a non-profit public-private partnership in 2009. The purpose of the company is to promote, facilitate and provide education and training to a young and growing rural population in various disciplines of the chemical and energy sector in Pakistan.
Its aim is to provide employment and invest in the productivity of locals for industrial development by establishing
vocational education and training colleges (VETCs),
technical training colleges (TTCs) and management schools.
What Is PCESSDC?
Pakistan Chemical and Energy Sector Skills Development Company website, Retrieved 18 May 2021
Sind Engineering (PVT) Limited
See also
* Pakistan Small and Medium Enterprise Development Authority (SMEDA)
* Industry of Pakistan
Pakistan's industrial sector (in FY21) accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity and gas 1.36%. The majority of industry is made up of textile uni ...
* Economy of Pakistan
Pakistan is a low income developing country. Its economy is the 23rd-largest worldwide in terms of GDP based on purchasing power parity (PPP). According to a 2021 estimate, the Country has a population of 227 million people ( 5th-largest wo ...
External links
PIDC
Ministry of Industry
National Industrial Parks Development & Management Company
Technology Up-Gradation & Skill Development Company
Karachi Tools, Dies And Moulds Centre
Pakistan Stone Development Company
Pakistan Gems & Jewellery Development Company
Pakistan Hunting & Sporting Arms Development Company
Furniture Pakistan Company
Southern Punjab Embroidery Industry
Aik Hunar Aik Nagar
Sind Engineering (PVT) Limited
Pakistan Chemical And Energy Sector Skills Development
References
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Government-owned companies of Pakistan
Financial services companies established in 1952
Industrial development agencies
Industry in Pakistan
Pakistan federal departments and agencies
Ministry of Industries and Production (Pakistan)