Well i don;t understand how these projects are harming the country.
People like it when a politician or other big dude opens a commercial project, who is likely to commit fraud and corruption, but when the military does it (who is for sure not going to do stupid things) people feel 'bad'.
i think that's only the gut feeling usually.
The next episode..( i know this will even piss off many others
)
Industrial Development
Introduction
The Pakistan Armed Forces have established a number of organizations for running industrial and commercial enterprises. These organizations provide employment for ex-servicemen, besides creating job opportunities for others. These organizations include Army Welfare Trust (AWT), Fauji Foundation and Shaheen Foundation.
Army Welfare Trust
Industrial Enterprises
Army Welfare Trust industrial sector enterprises are:
* Army Welfare Sugar Mil (Badin)
Annual sugar production average around 45,000 tons.
* Army Welfare Cement Plant (Nizampur)
The plant has a capacity of producing 2,000 tons per day.
* Askari Cement Factory (Wah)
Total assets of this plant exceed Rs. 7 billion. It is the first cement plant to be awarded ISO-9002 certification. It has a capacity of producing 1 million tons per annum.
* Army Welfare Woolen Mills
The plant has an average daily capacity of producing 2,000 kg of yarn.
* Army Welfare Pharmaceutical Project
The plant is currently manufacturing basic analgesic drugs. The production of formulated medicines is also planned at a later stage
* Mobil Askari Lubricants Limited
A joint venture with Mobil Corporation USA for lubricant blending is located at Hub.
Financial / Services Enterprises
Presently the Trust is running following projects:
* Askari Commercial Bank Limited.
Askari Commercial Bank was incorporated on 9 October 1991. The initial public offering of Rs. 120 million was over subscribed 16 times. Presently, it has 28 branches located in the country. It was also declared the Best Domestic Bank in Pakistan by Euro money Magazine in 1994 and by Asia Money Magazine in 1996.
* Askari Leasing Limited
Its investment portfolio is over Rs. 3.5 billion. It has achieved status of the top leasing company of Pakistan in terms of business and assets holding. ASKAR, an auto leasing scheme, has received a highly encouraging response.
* Askari General Insurance Company Limited
Askari General Insurance Company is still a developing organization, with bright prospects.
* Army Welfare Trust Housing Schemes
Has started housing schemes in Lahore, Peshawar and Islamabad.
Fauji Foundation
Industrial Sector
Fully owned Projects Nos Production
Sugar Mills 3 12,300 Metric Tons / Day
Experimental 1 2,500 cres Seeds Multiplication Farm
Fauji Cereal/Corn 2 200 Metric Tons/Day Complex
Fauji Polypropylene 1 20 Million bags per Project annum.
Foundation Gas 1 350,000 Domestic & Project
85,000 Commercial consumers
Public Limited Companies
* Fauji Fertilizer Company Limited Goth Machhi
The total capacity of the plant is 1.33 million metric ton per year.
* Mari Gas Company Limited Rawalpindi
Supplies gas to Fauji Fertilizer Company, Pak Saudi Fertilizer Company, Engro Chemicals and WAPDA.
* Fauji Oil Terminal Port Qasim Karachi
The terminal has the handling capacity of 9 million tons of heavy furnace oil per annum.
* Fauji Cement Company Ltd
The plant has the capacity of 3,000 Metric tons per day.
* 157 MW Kabirwala Power Plant
The total cost of the plant in US$ 170 million. The plant is designed to generate 150 MW electricity.
* Di-Ammonia Phosphate Plant
The plant has been set up at Port Qasim at a cost US$ 370 million.
Social Sector
Fauji Foundation is supporting a large number of welfare projects where free medical care, subsidized quality education and free technical training to over 8 million ex servicemen and their dependants is provided. These are:
* Medical
Over 28 million patients have been treated since inception of this project in mid fifties. Present state of its facilities is:
Hospitals 12 (1479 beds)
Health Centre 24
Mobile Dispensaries 41
Static Dispensaries 24
Artificial Limbs Centres 2
* Technical Training
Technical Training Centre 66
Technical Training Centre 9