Al-Ghazi Tractors Limited (Pakistan)

Al-Ghazi Tractors Limited was incorporated in 1983, as a culmination of the then government's desire to
bring in the private sector to join hands with the public sector - as public-private enterprise - under
a seven year management contract to the private shareholders. At the end of seven years, the government
once again took over the management control of AGTL in 1990.
In 1991 the project was offered for privatization, and acquired by Al-Futtaim Group of Dubai who took
over the management control of AGTL in December 1991. Ever since AGTL is a case study of rollicking
corporate success. 50.02% shares of the company are held by Al-Futtaim Industries Co. LLC and 43.17%
shares are held by CNH Global NV, with whom Al-Ghazi Tractors Limited has signed an Industrial
Collaboration Agreement for manufacture of New Holland brand tractors. The Agreement is valid till
April 2016.
AGTL's "Work Smart" culture continues to enhance its competitive position - thus market leadership of
Pakistan's tractor industry. At AGTL, the company's VISION sets the destination in sight and each of
its employee lives to achieve the company's MISSION with CORPORATE FOCUS as the guide.