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PNSC Declared Strategic SOE: Privatization Postponed to Safeguard National Security and Economic Stability

PNSC Declared Strategic SOE: Privatization Postponed to Safeguard National Security and Economic Stability

The federal government has officially shelved plans to privatize the Pakistan National Shipping Corporation (PNSC) through a public offering. This decision stems from PNSC's strategic importance to national security, economic stability, and its critical role in the maritime sector.   Established under the Pakistan National Shipping Corporation Ordinance 1979, PNSC is a key state-owned enterprise…

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