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Pakistan Industrial Development Corporation


Pakistan Industrial Development Corporation (PIDC) is a state corporation of Pakistan working under Ministry of Industries and Production. It was created to set up industries in Pakistan and then resell them to private enterprise.

National Industrial Parks Development & Management Company (NIP) was created in 2006, as an initiative of then-Industries Minister Jehangir Khan Tareen, himself an industrialist. 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 & 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:

KTDMC was incorporated as a "non-profit" organisation in 2006 under the Government's Public Private Partnership 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, dies and moulds through computer aided design and manufacturing Computer-aided design(CAD), Computer-aided manufacturing (CAM) and computer aided engineering (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 (PASDEC) is a public limited company functioning on not for profit 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.


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