Saudi Pak Industrial and Agricultural Investment Company Limited was incorporated in 1981 under a joint venture agreement between the Kingdom of Saudi Arabia and the Government of Islamic Republic of Pakistan. The initial authorized capital of the Company was Rs.1,000 million. As of December 31, 2016 paid up capital of the Company is Rs.6,600 million.
The break-up of the share holding is as follows:
- Kingdom of Saudi Arabia 50% (through Public Investment Fund)
- Government of Islamic Republic of Pakistan  50% (through State Bank of Pakistan)