Army Welfare Trust
Army Welfare Trust (AWT), also known as Askari Group of Companies, is a Pakistani conglomerate company run by Pakistan Army. It is based in Rawalpindi, Pakistan. The business is run by the Pakistan Army along with Fauji Foundation.
 | |
| Founded | 1971 |
|---|---|
| Headquarters | Rawalpindi, Pakistan |
Key people | Lt Gen (R) Najeeb Ullah Khan (Chairman) |
| Total assets |  |
Number of employees | ~30,000 (2020)[1] |
| Subsidiaries | Mobil Pakistan |
| Website | www |
History
It was established in 1971. The first commercial unit was a stud farm located at Probyanabad.[2] AWT now has a total of 15 business units working under its banner.[3]
Companies
It is one of the largest conglomerate in Pakistan. The assets group owns are:
Listed on Stock exchange
- Askari General Insurance
- Askari Life Insurance
Unlisted
Following are the companies which are not listed on Pakistani stock exchanges:
- Askari Aviation
- Mobil Pakistan
- Askari Airline Pakistan
- Askari Tower, Lahore
- AWT Investments
- Army Welfare Sugar Mills, Badin
- Askari Project, Lahore
- Army Welfare Mess and Blue Lagoon Restaurant, Rawalpindi
- Askari Guards, Rawalpindi
- Askari CNG and Petrol Pumps, Rawalpindi
- Askari Seeds, Okara
- Askari Enterprises, Rawalpindi
- Fauji Security Services, Rawalpindi
- Askari Apparel, Lahore
- Askari Real Estate
- Askari Lagoon, Faisalabad
- Two stud farms in Pakpattan and Okara
See also
- The Establishment (Pakistan)
- Fauji Foundation, a similar business run by the Pakistan Army
- Bahria Foundation, a similar business run by the Pakistan Navy
- Shaheen Foundation, a similar business run by the Pakistan Air Force
- Defence Housing Authority, similar real estate business run by the Pakistani military
- Evacuee Trust Property Board, DHA controls large tracts of their land
- Military Inc., book by Ayesha Siddiqa on Pakistan's military economy and its consequences
- Military–industrial complex, an informal alliance between a nation's military and the defense industry
References
- "Army Welfare Trust (AWT) - THE ASKARI GROUP OF COMPANIES". www.awt.com.pk.
- "Milestones in the History of AWT". www.awt.com.pk. Retrieved 2016-07-21.
- Wasim, Amir (2016-07-21). "50 commercial entities being run by armed forces". Retrieved 2016-07-21.
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