# Pakistan Machine Tool Factory

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Pakistan professional tool manufacturer

Pakistan Machine Tool Factory Type State-owned enterprise Industry Manufacturing Founded 1968 (1968) in Karachi, Sindh, Pakistan Headquarters Karachi , Pakistan Area served Pakistan-only Key people Zaheer a ghangro (Managing-Director) Products Machine tool Owner Government of Pakistan Number of employees 850 Website pmtfl.com

The **Pakistan Machine Tool Factory** (**PMTF**) is a Pakistani manufacturer of power and machine tools based in Karachi, Sindh, Pakistan. It was established in [Karachi](/source/Karachi) in 1968, the facility was built for the local manufacture of machine tools under technical cooperation and technology transfer agreements with [Oerlikon-Bührle](/source/Oerlikon-B%C3%BChrle) of [Switzerland](/source/Switzerland).[1]

## History and challenges

Established in [Karachi](/source/Karachi) in 1968, PMTF has faced many challenges over the years.[2] Despite completing contracts worth Rs 7.5 billion in 2019, over 700 PMTF employees have gone without salaries for four months.[3] The factory is on the brink of collapse due to financial constraints.[4] Short-sighted government policies and a long and failed privatization process over decades have adversely affected the company's performance and turned it into an ailing unit.[1]

### Revival plan

In February 2019, the government approved a recovery plan for the PMTF and decided to rehabilitate and restructure the collapsing PMTF, excluding it from the privatization process for [state-owned enterprises](/source/State-owned_enterprises) (SOEs).[1] The government approved handing over the PMTF to the Strategic Plans Division to replace the ailing government tools manufacturing unit.[5][6]

### Collaboration with SSGC-AE

PMTF and [Sui Southern Gas Company](/source/Sui_Southern_Gas_Company) Alternate Energy Limited (SSGC-AE) have signed a Memorandum of Understanding (MoU) to unlock "Green Molecules" renewable natural gas potential. As a result, PMTF will supply [biogas](/source/Biogas)/[biomethane](/source/Biomethane), a renewable [natural gas](/source/Natural_gas), to SSGC-AE.[7][8][9]

## References

1. ^ [***a***](#cite_ref-auto_1-0) [***b***](#cite_ref-auto_1-1) [***c***](#cite_ref-auto_1-2) Siddiqui, Hussain Ahmad (February 2019). ["Reviving sick PMTF"](https://www.thenews.com.pk/magazine/money-matters/427289-reviving-sick-pmtf). *The News International newspaper*. Retrieved 21 December 2023.

1. **[^](#cite_ref-2)** Siddiqui, Hussain Ahmad (November 2023). ["Engine of growth"](https://www.thenews.com.pk/magazine/money-matters/1126167-engine-of-growth). *The News International newspaper*. Retrieved 21 December 2023.

1. **[^](#cite_ref-3)** ["PMTF employees unpaid for four months"](https://tribune.com.pk/story/2168906/1-pmtf-employees-unpaid-four-months). *The Express Tribune*. 3 March 2020.

1. **[^](#cite_ref-4)** ["Pakistan economy on verge of collapse: Financial Times"](https://tribune.com.pk/story/2397843/pakistan-economy-is-on-the-verge-of-collapse-financial-times). *The Express Tribune*. 25 January 2023.

1. **[^](#cite_ref-5)** ["Govt approves machine tool factory's revival plan"](https://tribune.com.pk/story/1927554/2-govt-approves-machine-tool-factorys-revival-plan). *The Express Tribune*. 11 March 2019.

1. **[^](#cite_ref-6)** ["Govt may hand over defence parts manufacturer to POF (Pakistan Ordnance Factories)"](https://tribune.com.pk/story/909223/govt-may-hand-over-defence-parts-manufacturer-to-pof). *The Express Tribune*. 24 June 2015. Retrieved 21 December 2023.

1. **[^](#cite_ref-7)** ["SSGC, PMTF ink MoU to promote renewable natural gas"](https://pakobserver.net/ssgc-pmtf-ink-mou-to-promote-renewable-natural-gas/). *Pakistan Observer newspaper*. 20 October 2023. Retrieved 21 December 2023.

1. **[^](#cite_ref-8)** ["MoU signed to promote renewable natural gas"](https://www.thenews.com.pk/print/1121606-mou-signed-to-promote-renewable-natural-gas). *The News International newspaper*. Retrieved 21 December 2023.

1. **[^](#cite_ref-9)** ["SSGC-AE, PMTF ink memo to promote renewable natural gas"](https://www.brecorder.com/news/40269217). *Business Recorder newspaper*. 21 October 2023. Retrieved 21 December 2023.

## External links

- [pmtfl.com](https://pmtfl.com/) - official website

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Adapted from the Wikipedia article [Pakistan Machine Tool Factory](https://en.wikipedia.org/wiki/Pakistan_Machine_Tool_Factory) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Pakistan_Machine_Tool_Factory?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.