Introduction

Employees’ Old-Age Benefits Institution (EOBI) established under Article 38(c) of the Constitution of Pakistan is working under the Federal Ministry of Labour and Manpower is responsible to collect, manage & distribute pensioner and other benefits to all such retiring employees of various organizations who have remained member of EOB Fund during their respective services. Recently, EOBI has registered a hundred percent owned company with SECP under the name of “PAKISTAN REAL ESTATE INVESTMENT & MANAGEMENT COMPANY (PVT) LIMITED” (PRIMACO). The purpose of establishing this company is to manage the Real Estate Projects such as hotels, office buildings, commercial centres, housing schemes, tourist resorts etc. The profit generated through such schemes makes the pension fund sustainable.

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