Bahria Foundation is a Pakistani conglomerate based in Karachi.[1] The business is run by the Pakistan Navy and was established for welfare of its employees in 1982.[2][3]
It is currently headed by Vice Admiral (R) Imran Ahmad HI(M).[4]
History
Bahria Foundation was founded in 1981 under the Charitable Endowments Act of 1889 by Pakistan Navy with an initial investment of Rs 3 million.[5]
Subsidiaries
It owns following assets:
- Bahria Bakery[5]
- Bahria Catering and Decoration[5]
- Bahria Construction[5]
- Bahria Classification Society[6]
- Bahria Coastal Services[5]
- Bahria Deep Sea Fishing[5]
- Bahria Diving and Salvage International[5]
- Bahria Dredging Company Limited[7]
- Bahria Transshipment Hub of Pakistan Limited[8]
- Bahria Enterprise Systems and Technologies[9]
- Bahria Harbor Services[5]
- Maritime Technical & Support Services[10]
- Bahria Maritime Services Pvt Ltd[11]
- Maritime Works Organization[12]
- Bahria Recruiting Agency[13]
- Bahria Security Systems & Services[14]
- Bahria Travels[5][15]
- Bahria Paints[5]
- Bahria Pharmacy[16]
- Bahria Education And Training System[17]
- Bahria Maritime Works Organization
- Al-Falah Trading Agency[18]
- Bahria Filling Station[19]
- Bahria Shipping[5]
- Bahria Ship Breaking[5]
Proposed
- Sino Pak Refinery (Planned)
- Bahria Foundation LNG Terminal Project (Planned)[20]
Education
- Bahria University[5]
- Bahria Schools and Colleges
Legal issues
Bahria Town brand name controversy
In a significant legal dispute, business tycoon Malik Riaz was ordered by a Rawalpindi district court to pay Rs388.13 million as compensation to the Bahria Foundation for unauthorized use of the 'Bahria' brand name for his housing society. The dispute began in 1996 when Hussain Global, representing Riaz, partnered with the Bahria Foundation to establish Asia's largest private housing society, Bahria Town. Despite an agreement to cease using naval nomenclature for his housing society, a case was filed against Riaz in 2002. Despite the setback, Riaz's legal adviser has stated they will appeal the verdict.[21][22][23]
See also
External links
References
- Amir Wasim. 50 commercial entities being run by armed forces Dawn (newspaper), 21 July 2016, retrieved 27 February 2022^
- Bahria Foundation to establish RLNG terminal at Sonmiani Pakistan Today (newspaper), 19 June 2018, retrieved 27 February 2022^
- Bahria Foundation bahriafoundation.com, retrieved 13 October 2018^
- Vice Admiral (Retd) Shah Sohail Masood appointed new MD Bahria Foundation Pakistan Observer (newspaper), 23 January 2018, retrieved 27 February 2022^
- Jörn Brömmelhörster, Wolf-Christian Paes. The Military as an Economic Actor: Soldiers in Business Palgrave Macmillan, 2004^
- Bahria Classification Society - Bahria Foundation retrieved 16 February 2024^
- Bahria Dredging Company Limited - Bahria Foundation retrieved 16 February 2024^
- Home BAHRIA TRANSHIPMENT HUB OF PAKISTAN LIMITED^
- Home Bahria Enterprise Systems and Technologies^
- Maritime Technical & Support Services www.mtss.net.pk^
- Bahria Maritime Services Pvt Ltd. - Bahria Foundation retrieved 16 February 2024^
- Maritime Works Organization - Bahria Foundation retrieved 16 February 2024^
- Bahria Recruitment Agency | Bahria Foundation bahriarecruitment.com.pk^
- https://www.bahriasecurity.com Bahria Security Systems^
- Bahria Travels retrieved 16 February 2024^
- Bahria Pharmacy - Bahria Foundation retrieved 16 February 2024^
- Bahria Education & Training System – Bahria Foundation A Trusted Partner^
- Army the second largest employer DAWN.COM, 25 January 2004^
- Commercial Businesses - Bahria Foundation retrieved 16 February 2024^
- Monitoring Desk. Bahria Foundation to establish RLNG terminal at Sonmiani Profit by Pakistan Today, 19 June 2018^
- http://beta.dawn.com/news/117238/slic-confident-of-upswing-in-bank-rates /^
- Business tycoon Malik Riaz loses 'Bahria' brand name 28 March 2015^
- Property tycoon loses plea for using Bahria Town as brand name 19 August 2018^