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Army Welfare Trust (AWT) was established in 1971 as a society under the Societies Registration Act of 1860, with an initial endowment of Rs 0.7 million. [3] It became fully operational in 1977. [ 3 ] The first commercial unit of the trust was a stud farm located in Probyanabad which it received from Pakistan Army in 1972.
Pakistan State Oil: Rs. 206.89 billion (US$720 million) Karachi: Petroleum [2] 17: Standard Chartered Pakistan: Rs. 205.19 billion (US$710 million) Karachi: Banking [2] 18: Systems Limited: Rs. 181.10 billion (US$630 million) Lahore: Information technology [2] 19: Pakistan Oilfields Limited: Rs. 179.29 billion (US$620 million) Rawalpindi ...
The National Logistics Corporation (Urdu: نیشنل لاجسٹکس کارپوریشن), formerly known as the National Logistics Cell, is a Pakistani state-owned logistics company based in Rawalpindi, Pakistan. [1] [2] It is considered as the logistics arm of Pakistan Army and operates under its indirect control. [3] [4] [5]
Fauji Foundation was established as a charitable trust in 1954 under the Charitable Endowments Act of 1889. [5] It was established for the welfare of the Pakistan Armed Forces' three branches—Pakistan Navy, Pakistan Army, and Pakistan Air Force—and thus came under the management of the Ministry of Defence. [5]
The Pakistan Army (Urdu: پاکستان فوج, romanized: Pākistān Fãuj, pronounced [ˈpaːkɪstaːn faːɔːdʒ]), commonly known as the Pak Army (Urdu: پاک فوج, romanized: Pāk Fãuj), is the land service branch and the largest component of the Pakistan Armed Forces. The president of Pakistan is the supreme commander of the army.
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
Pakistan Aeronautical Complex; Pakistan Broadcasting Corporation; Pakistan Electric Power Company; Pakistan Engineering Company; Pakistan Gems and Jewellery Development Company; Pakistan Hunting & Sporting Arms Development Company; Pakistan Industrial Development Corporation; Pakistan International Airlines; Pakistan Locomotive Factory
In 2015 the Pakistan Army ordered 12 Bell AH-Z Viper attack helicopters, with an option of 3 more to replace its aging AH-1F Cobras. Following cancellation of $300 million military aid to Pakistan by the US government, the helicopters were put into storage at Davis-Monthan AFB, Arizona. [150] [151]