parastatal

[par-uh-steyt-l]
adjective
1.
working with the government in an unofficial capacity.
noun
2.
a parastatal company or group.

Origin:
1965–70; para-1 + state + -al1

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
parastatal (ˌpærəˈsteɪtəl)
 
n
1.  a state-owned organization, esp in Africa
 
adj
2.  of or relating to such an organization

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
The government bureaucracy is composed of ministries, special agencies, and parastatal companies.
Furthering structural reform, the government has sought to privatize a number of parastatal companies.
The country's cement plant and oil refinery were operated by parastatal companies before they were closed.
The cement plant and refinery were operated by parastatal companies before their closure.
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