Tokushu gaisha Japan Railways Group Hokkaido Railway Company Shikoku Railway Company Japan Freight Railway Company Expressways of Japan East Nippon Expressway Company Limited (100%) Central Nippon Expressway Company Limited (100%) West Nippon Expressway Company Limited (100%) Metropolitan Expressway Company Limited (49.99%) Hanshin Expressway Company Limited (50%) Honshu-Shikoku Bridge Expressway Company Limited (JB Honshi Kōsoku) (66.63%) Japan Alcohol (J.alco) (33.3%; the rest are owned by Japan Alcohol Trading Company/Nihon Alcohol Hanbai KK, a private company) Narita International Airport Corporation (MLIT 90.01%, MOF 9.99%) Nippon Automated Cargo Clearance Systems (NACCS) (50.01%) Tokyo Metro Company, Limited (53.42%) The government is mandated by law to own one-thirds of all Nippon Telegraph and Telephone, Japan Tobacco, and Japan Post Holdings Company stocks Owned by JOGMEC: JAPEX (34%) Inpex (18.96%) Kazakhstan KazMunayGas Qazaqstan Radio and Television Corporation Kenya Parastatals in Kenya, partly from a lack of expertise and endemic corruption, have largely inhibited economic development. In 1979, a presidential commission went as far as saying that they constituted "a serious threat to the economy", and, by 1989, they had still not furthered industrialization or fostered the development of a Black business class. Several Kenyan SOEs have been privatized since the 1980s, with mixed results. Kenya Broadcasting Corporation Kenya Electricity Generating Company Kenya Pipeline Company Kenya Railways Corporation National Oil Corporation of Kenya Kuwait Kuwait Petroleum Corporation Kuwait Television South Korea There are many state-owned enterprises in South Korea. Educational Broadcasting System Incheon International Airport Korail Korea Electric Power Corporation Korea Land and Housing Corporation Korea National Oil Corporation Korean Broadcasting System Seoul Metro Seoul Metropolitan Rapid Transit Corporation Latvia VAS Latvijas Pasts - 100% owned by the Ministry of Transport AS Latvian State Forests (Latvijas Valsts meži) - 100% owned by the Ministry of Agriculture VAS Latvian Railways (Latvijas dzelzceļš) - 100% owned by the Ministry of Transport AS Latvenergo - 100% owned by the Ministry of Economics VSIA Latvian Television VSIA Latvian Radio AS Air Baltic Corporation - 80.05% owned by the Ministry of Transport VSIA Latvian National Opera and Ballet VSIA Pauls Stradiņš Clinical University Hospital VSIA Latvian National Theatre VSIA Latvijas Vēstnesis - 100% owned by the Ministry of Justice VSIA Latvian Environment, Geology and Meteorology Centre Libya Libyan Jamahiriya Broadcasting Corporation National Oil Corporation Lithuania Lietuvos paštas Lithuanian Mint Lithuanian National Radio and Television Lithuanian Railways Luxembourg Banque et Caisse d'Épargne de l'État Central Bank of Luxembourg Centre Hospitalier de Luxembourg Post