Privatization Holding Company (PHC), formerly known as Kuwait Privatization Projects Holding Company(KPPHC) was established in 1994 with a capital of K.D. 1 million. PHC is a Kuwaiti Shareholding company listed on the Kuwait Stock Exchange with a capital of KD 79.3 million & a shareholder's equity of almost K.D. 161 Million.

The objective of PHC is to invest directly in infrastructure projects and to own significant stakes in companies with the same objectives. The company continuously evaluates investment opportunities targeting:

• Significant stakes including board representation, in entities providing services in the different sectors such as energy, infrastructure, Telecom and Utilities.

• Government-owned assets that are offered for privatization.

• Participation in government-owned infrastructure projects on a BOT/BOOT basis.

• Significant stakes including board representation in family-owned businesses, likely to be restructured into publicly held corporations.

Privatization Holding Company capitalizes on its in-house expertise and those of its associate entities in order to generate deal flow, form strategic alliances, structure and finance deals, manage and unlock synergies, and formulate appropriate exit strategies.