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looking beyond borders

foreign policy and global economy

Inside Pakistan’s Biggest Business Conglomerate: The Pakistani Military

In July 2016, the Pakistani senate was informed that the armed forces run over 50 commercial entities worth over $20 billion. Ranging from petrol pumps to huge industrial plants, banks, bakeries, schools and universities, hosiery factories, milk dairies, stud farms, and cement plants, the military has a finger in each pie and stands today as the biggest conglomerate of all business in Pakistan. However, the jewels in their crown are the eight housing societies in eight major towns where prime lands in well-manicured cantonments and plush civil localities in the possession of these societies are allotted to military personnel at highly subsidised rates.

Read Here – Defense One

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