PakLibya Holding Company (Pvt.) Limited symbolizes the fraternal relationship between the two brotherly countries, blossoming into a viable corporate entity in October 1980 for promoting Pakistan's economic development.

PakLibya was established as a joint stock company on 14th October 1978 equally owned by the Government of Islamic Republic of Pakistan and the Socialist Peoples Libyan Arab Jamahiriya. The Company operates within the framework of commercial and banking laws of Pakistan and its operations are routinely supervised by the State Bank of Pakistan.