Government Companies
Government companies are businesses that are owned and operated by the government. They are established to provide essential services or products that may not be adequately supplied by private companies. These companies often focus on sectors like energy, transportation, and public utilities, ensuring that citizens have access to necessary resources.
These companies are funded by taxpayer money and may operate at a loss to fulfill public needs. They are typically governed by specific regulations and policies set by the government, which helps maintain accountability and transparency in their operations. Examples include public transportation systems and state-owned oil companies.