90% of the defense budget, it must be. No?
How dare you question the boys? Don’t you know all these businesses are carried out to improve Pakistan’s economy? Sounds totally believable. Fresh after losing East Pakistan and receiving humiliation at the hands of the arch-enemy, no one would dare question: why you spending such a massive amount on defense. Furthermore, losing such a large chunk of land must’ve also freed up resources that under normal circumstances would’ve gone to East Pakistan.
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Here is a list of courtesy Dawn featuring 50 commercial entities being run by armed forces
The projects/units being run by the Army Welfare Trust
Two stud farms in Pakpattan and Okara
Army Welfare Sugar Mills, Badin
Askari Project (shoe and woolen), Lahore
Army Welfare Mess and Blue Lagoon Restaurant, Rawalpindi
Real estate comprising three small housing schemes in Lahore, Badaber and Sangjani
Askari General Insurance Co Ltd Rawalpindi
Askari Aviation Services, Rawalpindi
MAL Pakistan Ltd Karachi
Askari Guards (Pvt) Ltd, head office (HO) in Rawalpindi
Askari Fuels (CNG) with HO in Rawalpindi
Askari Seeds, Okara
Askari Enterprises, Rawalpindi
Fauji Security Services (acquired from Fauji Foundation), HO in Rawalpindi
Askari Apparel, Lahore
Askari Lagoon, Faisalabad.
The projects/units under Fauji Foundation
Fauji Cereals
Foundation Gas
Fauji Fertiliser Company Ltd
Fauji Cement Co Ltd
Fauji Oil Terminal and Distillery Co Ltd
Fauji Kabirwala Power Company Ltd
Foundation Power Co (Dharki) Ltd
Askari Cement Ltd
Askari Bank Ltd
Foundation Wind Energy (I and II) Ltd
Noon Pakistan Ltd Lahore
Fauji Meat Ltd
Fauji Fertiliser Bin Qasim Ltd
Fauji Akbar Partia Marine Terminal Ltd, HO in Karachi.
A company under the name of Pakistan Maroc Phosphore SA was set up in Morocco by the Fauji Foundation in 2008.
