Punjab Municipal Development Fund Company PMDFC

The Government of Punjab, in view of growing realization that there should be separate agency for municipal development in the province, established Punjab Municipal Development Fund Company (PMDFC) with the technical and financial assistance of the World Bank in 1998. PMDFC, registered under the Companies Ordinance 1984 as an independent entity, works for the improvement of municipal services in Punjab province by partnering with municipal bodies such as TMAs as well as providing support to the provincial Local Government and Community Development Department.