Army Welfare Trust

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 personnels of the Pakistan army. The companies provides employment opportunities to ex-military personnels and generate funds for the welfare and rehabilitation of orphans, widows of the deceased soldiers and the disabled personnel of army.[2]

Army welfare Trust
Founded1971 (1971)
HeadquartersRawalpindi, Pakistan
Key people
Lt Gen (R) Naveed Mukhtar (Managing Director)
Total assets ₨40 billion (2020)[1]
Number of employees
~30,000 (2020)[1]
SubsidiariesMobil Pakistan
Websitewww.awt.com.pk

History

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

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 Tower, Lahore
  • AWT Investments
  • Askari Project, Lahore
  • Army Welfare Mess and Blue Lagoon Restaurant, Rawalpindi
  • Askari Guards, Rawalpindi
  • Askari Seeds, Okara
  • Askari Enterprises, Rawalpindi
  • Fauji Security Services, Rawalpindi
  • Askari Real Estate
  • Askari Lagoon, Faisalabad
  • Two stud farms in Pakpattan and Okara

See also

References
  1. "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.
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