The Pakistani army has a major control in the real estate market. The army runs several large organizations, such as Fauji Foundation, Army Welfare Trust, Shaheen Foundation and Bahria Foundation. However, these are called welfare institutions. However, they act like a business corporation. Famous Pakistani writer Ayesha Siddika has told in her book ‘Military Inc.: Inside Pakistan’ S Military Economy ‘how deep the commercial roots of the army are.
Army from cement to dairy includes many sectors
From cement and banking to dairy, transport and especially real estate, the army ranks in many areas. The land taken in the name of national security in cities like Karachi, Lahore and Islamabad has been converted into a profitable housing project. The Defense Housing Authority (DHA) is one of the most famous real estate brands run by the army. Its value is in billions of dollars.
What is Munir’s net worth?
According to estimates, the total cost of army businesses can be between US $ 40 to 100 billion today. Talking about General Aseem Munir, his total assets are around US $ 8,00,000 (Rs 6.7 crore).
After the Pahalgam attack, the role of Pakistan’s Army Chief General Asim Munir has been under question. Before the attack, Munir made a provocative speech about Kashmir. 26 innocent people were killed in the Pahalgam attack. The Indian Army avenged it on 7 May. Under Operation Sindoor, the Indian Army made accurate attacks targeting terrorist bases in Pakistan and Pakistan -occupied Kashmir (POK).