Army Welfare Trust (AWT), ( ur, ) also known as Askari Group of Companies, is a Pakistani
conglomerate
Conglomerate or conglomeration may refer to:
* Conglomerate (company)
* Conglomerate (geology)
* Conglomerate (mathematics)
In popular culture:
* The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes
** ...
company. It is based in
Rawalpindi
Rawalpindi ( or ; Urdu, ) is a city in the Punjab province of Pakistan. It is the fourth largest city in Pakistan after Karachi, Lahore and Faisalabad, and third largest in Punjab after Lahore and Faisalabad. Rawalpindi is next to Pakistan ...
,
Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...
. The Army Welfare Trust, along with
Fauji Foundation
Fauji Foundation ( ur, ), lit. ''Soldier Foundation''), (also known as Fauji Group) is a Pakistani conglomerates company which is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial ...
, 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.
History
It was established in 1971. The first commercial unit was a stud farm located in Probyanabad. AWT now has a total of 15 business units working under its banner.
Companies
It is one of the largest conglomerates in Pakistan. The assets the 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
*
Askari Bank
Askari Bank Ltd (), formerly Askari Commercial Bank, is a commercial and retail bank in Pakistan and is owned by Fauji Foundation, part of Pakistan Army.
History
It was founded on October 9, 1991, as a public limited company.
On June 21, 2013, ...
* Askari Cement
*
Mobil Pakistan
* Askari Tower, Lahore
* AWT Investments
* Army Welfare Sugar Mills
* Blue Lagoon Rawalpindi
* Askari Guards
* Askari CNG
* Askari Enterprises
* Askari Farms and Seeds
* Askari Real Estate
* Blue Lagoon, Faisalabad
See also
*
Fauji Foundation
Fauji Foundation ( ur, ), lit. ''Soldier Foundation''), (also known as Fauji Group) is a Pakistani conglomerates company which is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial ...
*
Bahria Foundation
*
Shaheen Foundation
*
Defence Housing Authority
Defence Housing Authority (DHA) ( ur, ). It is a Government of Pakistan owned real-estate development company that governs housing and municipal services for Defence neighbourhoods across Pakistan. It is the first largest residential community in ...
References
{{Pakistan Army template
Conglomerate companies of Pakistan
Conglomerate companies established in 1971
1971 establishments in Pakistan
Companies based in Rawalpindi
Pakistan Army affiliated organizations