In the year 2008, the Dubai-predicated private equity group Abraaj Capital invested $360 million in a distressed utility serving Pakistan's largest city, Karachi Electric Supply Company. In 2010, the business has made great strides in turning round the company but the transition is unfinished.
Actually, critical work is involved by finishing the job in rebuilding the social contract in addition to correcting issues associated with business direction and electricity supply. Is this the direction for private equity later on?
PUBLICATION DATE: February 01, 2012 PRODUCT #: HKS712-PDF-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP