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Pakistani conglomerates company From Wikipedia, the free encyclopedia
Fauji Foundation (Urdu: فوجی فاؤنڈیشن), (lit. Soldier Foundation), (also known as Fauji Group) is a Pakistani conglomerate company based in Rawalpindi. It is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, security services and provides womb-to-tomb benefits to retired servicemen of Pakistan Armed Forces and their families.[3]
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Industry | Conglomerate |
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Founded | 1954 |
Headquarters | Rawalpindi-46200, Pakistan |
Key people | Lt Gen (R) Anwar Ali Hyder (Managing Director and CEO) |
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Total assets | ![]() |
Subsidiaries | Fauji Foods Askari Bank Fauji Fertilizer Company |
Website | fauji |
The word "Fauji" is an Arabic loanword that means "soldier" and the company was set up in order to provide employment opportunities to Pakistani ex-military personnel and to generate funds for the welfare of widows, and families of martyrs.[4] It also undertakes welfare projects in education, medical, training, and rehabilitation for military personnel.[5]
Fauji Foundation was established as a charitable trust in 1954 under the Charitable Endowments Act of 1889.[6][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 organization began with an initial paid-up capital of US$3.6 million (Rs 18 million) which it received from British colonial administration for supporting the widows and families of World War II veterans.[3] With the funds it established a textile mill, a cereals mill, and a sugar mill.[5]
In December 1974, Fauji Foundation inaugurated its third textile mill with equipment imported from China.[7]
Fauji Foundation remained relatively modest in scale until the late 1970s when it began to undergo major expansion.[3] The assets of Fauji Foundation increased from Rs 152 million in 1970 to Rs 2,060 million by 1982, with 29 industrial units.[5]
Between 2011 and 2015, the foundation assets grew 78 percent.[8]
A 2017 study found that 33 of a group of 141 former Pakistan Armed Forces corps commanders, or 23.4%, were given jobs by the Foundation after their retirement from the military. At any one time, as many as seven former corps commanders serve as either the managing directors of the Fauji Foundation or the Army Welfare Trust or as managing directors of subsidiaries with personnel in these positions rotated out every three years.[9]
As of 2024, Fauji Foundation runs its own parallel economic system within Pakistan, benefiting people who currently are, or have been affiliated with Pakistan Army.
Fauji Foundation is predominantly managed by the Pakistan Army, with about 85-90 percent of these positions filled by Army personnel.[5] The managing director is usually an Army general, and the board of directors is chaired by the Federal Secretary of Defence, with members drawn from within the organization.[5]
The Fauji Foundation medical system began with the establishment of a 50-bed TB hospital in 1959 at Rawalpindi. Today, the Fauji Foundation medical system is the largest medical chain outside the Government sector, spread all over Pakistan.[citation needed]
On health care, Fauji Foundation spends over 58% of the welfare budget. Fauji Foundation Hospital Rawalpindi and Fauji Foundation Hospital Lahore are well funded hospitals of Fauji Foundation.[33] It is run by former officers of Pakistani Armed Forces.[citation needed]
This section needs additional citations for verification. (July 2021) |
With over 100 branches spread from Karachi to Gilgit having approximately 45,000 students, 2000 teachers and over 1100 administrative staff, the Fauji Foundation Education system is amongst the largest education systems in the country.[34][35] The Fauji Foundation's education system aims to provide education to the children of ex- armed forces personnel, as well as to civilians.[35]
The headquarters of Fauji Foundation is in Rawalpindi, Pakistan.[36] FFES is affiliated with the Federal Board of Intermediate and Secondary Education (FBISE), Islamabad and Board of Intermediate and Secondary Education Rawalpindi as well.[37] There are 102 schools (FF model schools) in Pakistan. The Fauji Foundation Colleges For Boys and Girls are located in New Lalazar, Rawalpindi.[38]
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