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 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]

Army welfare Trust
Founded1971 (1971)
HeadquartersRawalpindi, Pakistan
Key people
Lt Gen (R) Naveed Mukhtar (Managing Director)
Total assetsIncrease Rs. 40 billion (US$140 million) (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 in Probyanabad.[3] AWT now has a total of 15 business units working under its banner.[4]

Companies

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

Listed on Stock exchange
  • Askari General Insurance[5]
  • Askari Life Insurance[6]

Unlisted

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

  • Askari Aviation[7]
  • Askari Bank
  • Askari Cement
  • DHA Golf club Karachi
  • Mobil Pakistan
  • Askari Tower, Lahore
  • AWT Investments[8]
  • Army Welfare Sugar Mills[9]
  • Blue Lagoon Rawalpindi
  • Askari Guards[10]
  • Askari CNG[11]
  • Askari Enterprises [12]
  • Askari Farms and Seeds[13]
  • Askari Real Estate[14]
  • Blue Lagoon, Faisalabad

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.
  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. "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.
  9. "Army Welfare Sugar Mills (AWT) - THE ASKARI GROUP OF COMPANIES".
  10. "Askari Guards". Askari Guards. 2008-04-11. Archived from the original on 2022-12-01. Retrieved 2022-12-21.
  11. "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.
  12. "Askari Enterprises". Askari Enterprises. 2017-01-22. Archived from the original on 2022-12-03. Retrieved 2022-12-21.
  13. "Askari Farms and Seeds (AWT) - THE ASKARI GROUP OF COMPANIES".
  14. "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.
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