The Privatization & Public Enterprises Supervising Authority (PPESA) is an autonomous government office which is entrusted with the tasks of supervising, guiding, supporting and controlling state-owned enterprises to render them competitive and profitable and thereby enabling them to play significant roles in the implementation of the country's industrial development strategy and the enhancement of economic growth. Since the declared objective of the government is to privatise public enterprises, efforts need to be exerted to bring the enterprises to a competitive position through capable domestic/foreign private/public companies' partnership. Consequently, PPESA wishes to join hands with the view to induct strategic joint venture partners which will collaborate with any one of state owned public enterprises through joint investment. Likewise, PPESA intends to find reliable and capable local and foreign partners by drawing up and concluding management contracts.  Leasing out of the enterprises is also encouraged.   

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