CM Maryam Nawaz Approves Asset Management Authority of Punjab

Chief Minister Maryam Nawaz approved the establishment of the Asset Management Authority of Punjab (AMAP) on July 7, 2026, to ensure identification, management and utilisation of the province’s assets. The authority aims to improve transparency, governance and revenue generation by regulating government-owned land and public properties through a single autonomous body, according to reports from Dawn.

Punjab has faced issues with “scattered assets,” where government land is managed by fragmented departments. This lack of oversight meant public land remained vulnerable to illegal encroachments. By consolidating these powers, the government intends to utilize various financing and development models to maximise the value of provincial assets.

The government intends to improve revenue generation through the sale, lease and collateral financing of provincial assets. Without a centralized institution, the province could not regulate its scattered assets.

How will the Asset Management Authority of Punjab operate?

The AMAP functions as a central institution for managing government-owned land and other public assets. Its mandate covers identification, management, transfer, disposal, payments, and marketing. The authority will prioritize properties with investment and privatisation potential.

The government will employ several financial models to maximize value:

• Leasing and Rental: Utilising rental arrangements.
• Public-Private Partnerships (PPPs): Collaborating with private firms.
• Joint Ventures: Sharing equity and risk in provincial projects.
• Collateral Financing: Using assets to secure funding.

The provincial cabinet retains ultimate authority; all transfers, valuations, and management decisions must receive cabinet approval.

Who is in charge of the new authority?

The governance structure includes a governing board, headed by the chief secretary, which will supervise the authority. Daily operations will be led by a managing director holding a BPS-20 grade.

Qualified professionals from the private sector will be inducted on merit.

Why does this change matter for Punjab’s economy?

The primary driver is revenue generation. Public land has been vulnerable to illegal encroachments. By creating a single autonomous institution, the government intends to manage and protect these holdings.

The success of the AMAP depends on the management and protection of provincial assets. The merit-based induction of private professionals is intended to help.

As the provincial cabinet begins approving the management of assets, the authority will oversee all matters from land administration to leasing and sale.