Saudi Pak Industrial and Agricultural Investment

What Saudi Pak Industrial and Agricultural Investment does

Saudi Pak Industrial and Agricultural Investment Company Limited (SAPICO) is a Development Financial Institution (DFI) incorporated in 1981 as a joint venture between the Kingdom of Saudi Arabia and the Government of the Islamic Republic of Pakistan, headquartered in Islamabad with regional offices in Karachi and Lahore. As of December 31, 2025, the company reported paid-up capital of PKR 6,765 million, total assets of PKR 52,529 million, and profit before tax of PKR 1,912 million, and carries a VIS Credit Rating of AAA (Long Term) / A-1+ (Short Term) with Stable outlook — the highest credit quality tier in Pakistan.

The company provides a full-stack suite of corporate and SME financial products. Corporate offerings include project finance (medium-to-long term loans, lease financing, Term Finance Certificates, and Long Term Finance for Export Oriented Projects), short-term working capital loans, direct equity investments in industrial and agricultural projects, underwriting of public share and TFC issues, and syndication, trusteeship, and financial advisory services. SME offerings — distributed under State Bank of Pakistan refinance schemes — include short-term loans, long-term loans (1–7 year tenor), lease financing (1–6 year tenor), and letters of comfort/guarantee up to PKR 25 million for small enterprises and PKR 200 million for medium enterprises. The company also operates an Executive Business Center at Saudi Pak Tower offering furnished office rentals.

Saudi Pak operates a sales-led, relationship-driven go-to-market via its three-office branch network, supported by social media presence (LinkedIn, Facebook) and a content-marketing function via its website news and events section. Revenue is generated principally from net interest income on its lending book, supplemented by fee-based income from underwriting, syndication, and advisory mandates, with a growing emphasis on thematic / impact-linked financings (responsible tourism, energy storage, SME digital enablement) executed in partnership with multilateral and private sector counterparties.

Name

Saudi Pak Industrial and Agricultural Investment

Legal name

Saudi Pak Industrial and Agricultural Investment Company Limited

Website

https://saudipak.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

51–100 employees

Short description

Saudi Pak Industrial and Agricultural Investment Company Limited is a Pakistan-based Development Financial Institution, jointly sponsored by the Kingdom of Saudi Arabia and the Government of Pakistan, providing project finance, working capital loans, leasing, equity investments, and advisory services to corporate and SME clients across industrial and agricultural sectors.

Ownership category

akta.pro rank

Headquarters

HQ city

Islamabad

HQ country

Pakistan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Project Finance and Lending: Medium to long term loans, lease financing, Term Finance Certificates (TFCs), and Long Term Finance for Export Oriented Projects (LTF-EOP) generating interest income.
2. Short-term Working Capital Loans: Short term loans to meet working capital requirements of corporate and SME customers.
3. Direct Equity Investments: Direct equity investments in industrial and agricultural projects.
4. Underwriting Services: Underwriting of public issues of shares and Term Finance Certificates.
5. Advisory and Syndication Services: Syndication, Trusteeship, Acting as Financial Arranger/Advisor and Consultancy services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Saudi Pak Industrial and Agricultural Investment Company Limited (SAPICO) is a development financial institution that provides corporate and SME financial services in Pakistan, including project finance, medium-to-long term loans, lease financing, Term Finance Certificates (TFCs), Long Term Finance for Export Oriented Projects (LTF-EOP), short-term working capital loans, direct equity investments, underwriting, and syndication/trusteeship/financial advisory services. It also operates an Executive Business Center providing furnished office space for rent at Saudi Pak Tower, Islamabad.

Product overview

Saudi Pak Industrial and Agricultural Investment Company Limited (SAPICO) operates as a Development Financial Institution offering a comprehensive suite of financial products and services. The portfolio comprises Corporate Products (Project Finance with medium-to-long term loans, lease financing, TFCs, and LTF-EOP; short-term working capital loans; direct equity investments; underwriting services; and financial advisory/syndication) and SME Products (Short Term Loans, Long Term Loans, Lease Financing, and Letter of Comfort/Guarantee facilities). Additionally, the company provides Executive Business Center office infrastructure services. The products serve both corporate and SME segments across Pakistan's industrial and agricultural sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Project Finance Medium to long term loans, lease financing, Term Finance Certificates (TFCs), and Long Term Finance for Export Oriented Projects (LTF-EOP) for corporate customers in private and public sectors.
• Short Term Loans Short term loans to meet working capital requirements for corporate and SME customers.
• Direct Equity Investments Direct equity investments in industrial and agricultural projects.
• Underwriting of Public Issues Underwriting of public issues of shares and Term Finance Certificates.
• Syndication and Financial Advisory Services Syndication, Trusteeship, Acting as Financial Arranger/Advisor and Consultancy services for corporate clients.
• Non-Funded Commitments (Letter of Comfort/Guarantee) Non-funded commitments in the form of Letter of Comfort and Guarantee facilities for SMEs and corporates.
• SME Short Term Loan

Quantifiable outcome

• Total Assets of Rs. 52,529 million as of December 31, 2025
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Telenor PakistancoreStrategic or Co-development Partner · 1 August 2024Launch of Pakistan's first low-carbon Energy Storage as a Service (ESaaS) project. This innovative project will offset 58,000 tons of carbon emissions over its lifetime - equivalent to planting over 2 million trees.
• NOON (EdTech)minorStrategic or Co-development Partner · 1 January 2024Financial support extended to NOON for expanding their footprints in Pakistan and empowering social e-learning community of dynamic teachers and enthusiastic students.
• Avari GroupcoreStrategic or Co-development Partner · 1 December 2023Groundbreaking responsible finance deal for tourism sector, partnering with Avari Group and The World Bank. This milestone initiative uplifts local communities, promotes Northern Pakistan tourism, and establishes a model for sustainable growth.
• ICIEC (Islamic Corporation for the Insurance of Investment and Export Credit)coreStrategic or Co-development Partner · 1 August 2023MOU signed in August 2023 for a strategic partnership to enhance Saudi Pak's capacity to offer innovative and effective trade finance products. This collaboration galvanises project finance initiatives and strategic investments in the Country and is aimed at augmenting exports with OIC member countries.
• The World BankcoreStrategic or Co-development PartnerPartnership in responsible finance deal for tourism with Avari Group, helping design community development KPIs for the project.
• The Bank of PunjabcoreStrategic or Co-development PartnerPartner in Energy Storage as a Service (ESaaS) project for Telecom sector transformation and environmental sustainability.
• InfralectriccoreTechnology or IntegrationPartner in Energy Storage as a Service (ESaaS) project driving transformation in how telecom networks are powered.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Industrial Development Bank of Pakistan (IDBP): Pakistani state-owned development finance institution focused on industrial and SME financing. Closest functional peer to Saudi Pak given overlapping DFI mandate, SME loan products, and government sponsorship structure.
• Pak Brunei Investment Company: Joint venture between Pakistan and Brunei offering project finance, working capital, and equity investments. Directly comparable sovereign-to-sovereign DFI structure serving Pakistani corporate and SME clients.
• SME Bank Limited (Pakistan): State-owned Pakistani bank dedicated to SME financing, distributing SBP refinance schemes. Directly overlaps with Saudi Pak's SME loan and lease products targeting the same borrower base.
• Investment Corporation of Pakistan: State-owned Pakistani institutional investor providing direct equity and underwriting of industrial and agricultural securities. Direct overlap with Saudi Pak's direct equity investment and underwriting revenue streams.
• Pak Kuwait Investment Company (PKIC): Joint-venture DFI between Pakistan and Kuwait providing project finance, equity investments, and advisory services. Directly comparable given bilateral sovereign sponsorship model and similar product set.

Broad incumbents

• Habib Bank Limited (HBL): Pakistan's largest private commercial bank with deep SME, corporate, and project-finance operations. Competes broadly with Saudi Pak on mid-market and large corporate financing mandates.
• National Bank of Pakistan (NBP): Pakistan's largest state-owned commercial bank with significant project finance, SME, and corporate banking franchises. Competes with Saudi Pak on large project mandates and SME lending across Pakistan.
• Saudi Fund for Development (SFD): Sovereign development fund of Saudi Arabia extending concessional financing to partner countries. Comparable as a Saudi-anchored development financier, though operating at sovereign level rather than as a private DFI.

Emerging players

• Islamic Corporation for the Development of the Private Sector (ICD): Multilateral DFI of the IsDB Group investing in private-sector projects across OIC member countries. Adjacent development financier with similar project-finance and equity-investment mandate in Pakistan.

Others

• State Bank of Pakistan (SBP): Pakistan's central bank, which administers the SBP refinance schemes that Saudi Pak channels for its SME lending. Not a direct competitor, but the principal regulatory and funding infrastructure enabler of Saudi Pak's SME business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Saudi-Pak-Industrial-Agricultural-Investment-Company-Ltd-1934892409912957
• LinkedInlinkedin.com/company/saudipak

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saudi Pak Industrial and Agricultural Investment