Army Welfare Trust

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Army welfare Trust
Founded1971; 48 years ago (1971)
HeadquartersRawalpindi, Pakistan
Key people
Lt Gen (R) Najeeb Ullah Khan (Chairman)
Websitewww.awt.com.pk

Army Welfare Trust, also known as Askari Group of Companies, is a Pakistani conglomerate company run by Pakistan Army. It is based in Rawalpindi, Pakistan. The business is run by the Pakistan Army along with Fauji Foundation.

History[edit]

It was established in 1971. The first commercial unit was a stud farm located at Probyanabad.[1] AWT now has a total of 15 business units working under its banner.[2]

Companies[edit]

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

Listed on Stock exchange[edit]

  • Askari Bank
  • Askari General Insurance
  • Askari Life Insurance

Unlisted[edit]

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

  • Askari Aviation
  • Mobil Pakistan
  • Askari Airline Pakistan
  • Askari Tower, Lahore
  • AWT Investments
  • Army Welfare Sugar Mills, Badin
  • Askari Project, Lahore
  • Army Welfare Mess and Blue Lagoon Restaurant, Rawalpindi
  • Askari Guards, Rawalpindi
  • Askari Fuels and Petrol Pumps, Rawalpindi
  • Askari Seeds, Okara
  • Askari Enterprises, Rawalpindi
  • Fauji Security Services, Rawalpindi
  • Askari Apparel, Lahore
  • Askari Lagoon, Faisalabad
  • Two stud farms in Pakpattan and Okara

See also[edit]

References[edit]

  1. ^ "Milestones in the History of AWT". www.awt.com.pk. Retrieved 2016-07-21.
  2. ^ Wasim, Amir (2016-07-21). "50 commercial entities being run by armed forces". Retrieved 2016-07-21.