Army Welfare Trust
| File:Army Welfare Trust logo.png | |
| Founded | 1971 |
|---|---|
| Headquarters | Rawalpindi, Pakistan |
Key people | Lt Gen (R) Naveed Mukhtar (Managing Director) |
| Total assets |  Rs. 40 billion (US$180 million) (2020)[1] |
Number of employees | ~30,000 (2020)[1] |
| Subsidiaries | Mobil Pakistan |
| Website | www |
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]
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
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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
- 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
- ^ a b "Army Welfare Trust (AWT) - THE ASKARI GROUP OF COMPANIES". www.awt.com.pk.
- ^ "Industrial development". Retrieved 6 August 2020.
- ^ "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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- Articles with missing files
- Articles containing Urdu-language text
- Articles needing additional references from July 2021
- All articles needing additional references
- Conglomerate companies of Pakistan
- Conglomerate companies established in 1971
- 1971 establishments in Pakistan
- Companies based in Rawalpindi
- Pakistan Army affiliated organizations