After JK Cements, Government of Jammu and Kashmir is all set to wind up J&K Projects Construction Corporation Ltd (JKPCC) as Finance Department has given its formal consent for the same. J&K Projects Construction Corporation Ltd is a Government owned company, established in 1965 for execution of all the J&K Government projects above Rs seven crores. It has its own building complexes both in Jammu and Srinagar and a fleet of Machinery to augment the construction methods on modern lines. It has more than 1100 daily wagers and around 600 permanent employees, including Engineers and Supervisory staff