Army Welfare Trust

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Army welfare Trust
Company typePrivate
Industryconglomerate
Founded1971; 53 years ago (1971)
HeadquartersRawalpindi, Pakistan
Key people
Lt Gen (R) Nauman Mahmood (Managing Director)
8-9 billions (usd)
Total assetsIncrease Rs. 40 billion (US$140 million) (2020)[1]
Number of employees
~30,000 (2020)[1]
SubsidiariesMobil Pakistan
Websitewww.awt.com.pk

Army Welfare Trust (AWT), (Urdu: تولیتِ عسکری برائے بہبود) also known as Askari Group of Companies, is a Pakistani conglomerate company. It is based in Rawalpindi, Pakistan. The Army Welfare Trust, along with Fauji Foundation, are run by ex-military personnel of the Pakistan Army. The companies provide employment opportunities to ex-military personnel and generate funds for the welfare and rehabilitation of orphans, widows of the deceased soldiers, and the disabled personnel of the army.[2]

History[edit]

It was established in 1971. The first commercial unit was a stud farm located in Probyanabad.[3] AWT now has a total of 15 business units working under its banner.[4]

Companies[edit]

It is one of the largest conglomerates in Pakistan. The assets the group owns are:

Listed on Stock exchange[edit]

  • Askari General Insurance Company Limited[5]
  • Askari Life Assurance Company Limited[6]

Unlisted[edit]

Following are the companies which are not listed on Pakistani stock exchanges:

  • Askari Aviation[7]
  • Askari Airline (Planned)[8]
  • Askari Airport Services[9]
  • Askari Flying Academy[9]
  • Askari Travels & Tours[10]
  • Mobil Pakistan (MAL Pakistan Limited)[11][12]
  • AWT Investments Limited[13]
  • MEDASK[14]
  • Askari Project, Lahore
  • Askari Enterprises[15]
  • Army Welfare Sugar Mills[16]
  • Askari Guards (Pvt) Limited[17]
  • Fauji Securities Services Pvt Ltd (acquired from Fauji Foundation)[18]
  • Askari Woolen Mills[19]
  • Askari Development and Holdings (Pvt) Ltd[20]
  • Askari Shoes[21]
  • Jolidays[22]
  • Askari CNG[23]
  • Askari Fuels[24]
  • Askari Enterprises Pvt Ltd[25]
  • Askari Farms and Seeds[26]
  • Askari Real Estate[27]
  • DHA Golf club, Karachi
  • Askari Corporate Tower, Lahore[28]
  • Blue Lagoon Rawalpindi
  • Blue Lagoon, Faisalabad
  • Askari Apparel, Lahore
  • Army Welfare Mess and Blue Lagoon Restaurant, Rawalpindi[29]
  • Two stud farms in Pakpattan and Okara[30]

Former[edit]

See also[edit]

References[edit]

  1. ^ a b "Army Welfare Trust (AWT) - THE ASKARI GROUP OF COMPANIES". www.awt.com.pk.
  2. ^ "Industrial development". Retrieved 6 August 2020.
  3. ^ "Milestones in the History of AWT". www.awt.com.pk. Retrieved 2016-07-21.
  4. ^ Wasim, Amir (2016-07-21). "50 commercial entities being run by armed forces". Retrieved 2016-07-21.
  5. ^ "Lahore - Karachi". Askari General Insurance. 2001-09-13. Archived from the original on 2022-12-01. Retrieved 2022-12-21.
  6. ^ "Askari Life – Welcome". askarilife.com. 2005-02-14. Archived from the original on 2022-06-25. Retrieved 2022-12-21.
  7. ^ "Askari Aviation Pvt. Ltd – Aviation Services Pakistan, Charter Services, Airport Services". askariaviation.com. 2001-04-17. Archived from the original on 2022-10-01. Retrieved 2022-12-21.
  8. ^ Masooma, Syeda (July 2, 2020). "'Askari Airline not to take off anytime soon'". Profit by Pakistan Today.
  9. ^ a b "Welcome to Askari Aviation". www.askaritravels.com.
  10. ^ "Welcome to Askari Travels & Tours". www.askaritravels.com.
  11. ^ "Mal Pakistan - Energy to Move you". www.mal.com.pk.
  12. ^ "MAL Pakistan Ltd (AWT) - THE ASKARI GROUP OF COMPANIES". www.awt.com.pk.
  13. ^ "AWT Investments – A Wholly Owned Subsidiary Of Army Welfare Trust". awtinvestments.com. 2017-10-27. Archived from the original on 2022-12-01. Retrieved 2022-12-21.
  14. ^ "MedAsk Pvt Ltd". www.medask.com.pk.
  15. ^ "Askari Enterprises". www.askarienterprises.com.pk.
  16. ^ "Army Welfare Sugar Mills (AWT) - THE ASKARI GROUP OF COMPANIES".
  17. ^ "Askari Guards". Askari Guards. 2008-04-11. Archived from the original on 2022-12-01. Retrieved 2022-12-21.
  18. ^ "Home". August 23, 2022.
  19. ^ "Askari Woolen Mills".
  20. ^ "Askari Development & Holding (AWT) - THE ASKARI GROUP OF COMPANIES". www.awt.com.pk.
  21. ^ "Home ASP - Askari Shoes - Move Forward". March 4, 2023.
  22. ^ "Jolidays – AWT Tourism – Let's Plan your next Journey with Jolidays !".
  23. ^ "Askari Fuels – A Subsidiary of Army Welfare Trust (AWT)". askarifuel.com. 2018-10-13. Archived from the original on 2022-12-03. Retrieved 2022-12-21.
  24. ^ "Askari Fuels – A Subsidiary of Army Welfare Trust (AWT)".
  25. ^ "Askari Enterprises". Askari Enterprises. 2017-01-22. Archived from the original on 2022-12-03. Retrieved 2022-12-21.
  26. ^ "Askari Farms and Seeds (AWT) - THE ASKARI GROUP OF COMPANIES".
  27. ^ "AWT Real Estate – A subsidiary of Army Welfare Trust – AWT Realestate Islamabad, Lahore, Peshawar". awtrealestate.com.pk. 2014-11-03. Archived from the original on 2022-12-01. Retrieved 2022-12-21.
  28. ^ "Askari Corporate Tower – Where cutting-edge design meets peace of mind".
  29. ^ "Blue Lagoon and Army Welfare Mess (AWT) - THE ASKARI GROUP OF COMPANIES". www.awt.com.pk.
  30. ^ "50 commercial entities being run by armed forces". 21 July 2016.
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