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Entrepreneur in Pakistan……………………………………………………….… . 7
Vision. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . …………….13
Mission……………………………………………………………………………..13
A Journey of Success……………………………………………………………….14
Welfare Projects…………………………………………………………………….15
Testimonials…………………………………………………………………………20
References……………………………………………………………………..........23
Thanks and Acknowledgements
Dedication to my parents.
Entrepreneur
“An entrepreneur is a person who has possession of a
new enterprise, venture or idea and assumes significant accountability for the
inherent risks and the outcome.”
The term is originally a loanword from French and was first defined by the Irish
economist Richard Cantillon. Entrepreneur in English is a term applied to the type
of personality who is willing to take upon him a new venture or enterprise and
accepts full responsibility for the outcome.
As a leader the entrepreneur is the main person behind a firm; she or he can
demonstrate her or his quality as a leader by choosing the right managers for the
firm.
A more generally held theory is that entrepreneurs emerge from the population on
demand, from the combination of opportunities and people well-positioned to take
advantage of them. An entrepreneur may perceive that they are among the few to
recognize or be able to solve a problem.
ENTERPRENUER IN PAKISTAN
Net Worth
Malik Riaz is officially one of the wealthies Pakistani's with a net worth estimated
at USD 800 million.
Philanthropy
Following the devastating floods in Pakistan that took place in 2010, Malik Riaz
pledged to give away 75% of his wealth to the country. He urged fellow wealthy
Pakistani's to do the same and even wrote letters to 100 of the richest individuals in
Pakistan. Because of his philanthropic initiatives, he is being dubbed as
the Warren Buffett of Pakistan.
Mr. Malik Riaz as an Entrepreneur
No matter what it takes, Mr. Malik Riaz would always stand by his words.
We have a practical example for this. Mr. Riaz wanted to make Bahria
Town a trusted corporation and he has always been partnering with
conglomerates like DHA and Starwood Resorts to enhance credibility.
Riaz’s never-quit attitude is one of the most prominent reasons behind his
success. When he began operation in Pakistan, he was forced to give up
by political, economic and competitive forces. But then, he found his way in
the interests of both the country and its politicians.
Devoted disproportionate time to the Business Riaz’s restless nature has
contributed a lot to his success. He is always producing new ideas and
providing ways for their practical implementation.
Mr. Malik Riaz would always do things which he enjoys and once he’s
finished, he achieves personal satisfaction. The whole Bahria Town project
was no less than a dream to him and he has done his very best to realize it.
Although he has not taken formal accounting education, Riaz is too good
with numbers. He keeps himself updated with the real estate market and
manages his money in the most appropriate manner. For instance, when
Riaz was about to launch Bahria Homes (8 Marla Houses), he asked all the
Safari Home owners to sell their homes back to him at two times of the
purchasing price. The owners did and he launched those Bahria and Safari
Homes at five times of the original price. He is an expert when it comes to
cash/money management.
Bahria Town was established in the year 1996. The main objective was to build not
only homes but several value-added, master planned commercial projects that
would contribute to the economic development of the country. The chairman/CEO
Mr. Malik Riaz got a contract to develop 2,388 kanals of Revenue Employees
Cooperative Housing Society land. Although several controversies have affected
the image of Bahria Town, yet it has been successful to maintain the impression of
a luxury housing society.
Chairman's Message
Bahria Town is the force turning the vision of Pakistan into reality. Bahria Town’s
20,000 direct employees are delivering iconic developments, driving leadership,
pioneering innovation and creating a legacy for generations to come. Landmark
buildings, thriving communities, market leading retail offerings and unprecedented
investment opportunities. We are making a huge contribution to the improvement
of people’s life and opportunities. Discover Bahria Town through the 6 Divisions
based on Master Planned Communities, Education, Healthcare, Media,
Recreation/Retail and Hospitality.
The effects of our value system are far reaching. We have forever raised the
standards of real estate development by giving awareness to the customer. The real
estate sector has today been formally recognized as an Industry in Pakistan.
Investment in over rupee 9 trillion across the past 2 years only in new housing
initiatives has activated economy, provided over 100,000 jobs, sustained and
developed dependent industries and attracted immense foreign exchange inflow
from overseas Pakistanis. Bahria Town has established the national economy by
motivating pure foreign investment in the real estate sector.
We all owe this to our great people; a nation that has earned the reputation of an
aware society that welcomes initiatives, values innovation and rewards quality. The
same people make up the happening team at Bahria Town. From officer to senior
management and field to the corporate office, every single member of our family is
dedicated to live the promise that we have all sworn; continuous improvement in
the quality of lifestyle however diverse and demanding!
I would like to re-commit here that we shall continue to be the most innovative,
pioneering, leading, value driven, choicest option for those who work for the cause,
our employees and our customers alike.
The world is looking at us today as the preferred investment destination. Lets us all
be proud and keep ourselves ready to deliver consistently over and over again.
I welcome you all to the Lifestyle Destination that we comprehend as Bahria Town.
Malik Riaz Hussain
Chairman
Vision
To build the future, we need ideas, the free flow of those ideas, and the effective
use of human power and technology to shape those ideas into life changing ground
realities. Globalization makes all this ever more possible and easier, since the
landmarks in luxury lifestyle around the world, that took centuries to be built and
perfected, are the priceless jewels of our inspiration.
Yet, there is much more to be achieved, many novel ideas to be conceived, and a
great many horizons waiting to be discovered. Bahria Town looks forward to
inspire the world more than it inspires us.
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Mission
Bahria Town aspires to be Pakistan’s greatest builder of all times, with projects
offered to an eclectic mix of segments , at choice locations with world class
amenities, while ensuring the highest international standards, timely delivery, and
lifelong customer satisfaction.
Early Days of Bahria Town
During its initial days, Bahria Town was no less than a paradise in the jungle.
There were hills and mountains all around and people were quite hesitant to invest.
But then, with the passage of time and awareness provided through media, Bahria
Town started to gain popularity with people. In fact, just as DHA, Bahria Town
became of the most trusted housing societies of Pakistan. Although there is no
exact count of employees available, it is said that Bahria Town emerged as one of
the most leading conglomerates that brought employment to the country. At this
point in time, Bahria Town has more than 21,000 employees in different parts of
the world and is looking forward to hire some more for its further projects in
Murree and Karachi.
Bahria Town which began as a housing society in the year 1996 is working on a
number of existing and potential housing and commercial projects. The company
operates in three cities at present namely, Rawalpindi, Islamabad and Lahore and it
is looking forward to expand in Murree and Karachi as well. During the course of
its success, Bahria Town launched several housing, commercial and welfare
projects. These include:
Safari Villas
Safari Apartments
Safari Valley
Bahria Homes
Meadows
Executive Lodges
Bahria University
ACE Academy
Commercial Zones
Bahria Town Dastarkhwan and many others.
Welfare Projects
Providing daily free meals, twice a day, to more than 35,000 people
throughout Pakistan under Bahria Town Dastarkhwan.
Thousands benefit from free medical treatment ranging from dialysis to open
heart surgery, bone marrow transplant to general treatments in 3 large Bahria
Town Trust hospitals.
Running centers for over 4,000 orphans with educational and lodging
facilities.
Always at the forefront in helping the nation in times of natural calamities &
unfortunate incidents such
as the 2005 devastating earthquake, Margalla Tower & fire at the Marriott
Hotel and Ghakhar Plaza
Rawalpindi. Also led many relief teams for the aid of IDP’s, which
provided financial, medical & food
We have strong faith in Pakistan and its future. We are proud to be a part of this
great nation and are honored to contribute towards its economic and social
development. We work relentlessly towards the development of a modern and
progressive Pakistan and are thankful to our more than 200,000 members for their
continued support and unparalleled confidence in the leadership of Bahria Town.
Dastarkhwan
Two meals a day for the poor is a small contribution But, even small contributions
can make a big difference. An unprecedented initiative providing FREE meals,
twice a day, to more than 35,000 people throughout Pakistan. Opening 12 more
Dastarkhwan in addition to 6 already operational outlets. Overall spending of PKR
30 million rupees on providing 10,500,000 meals annually. By the grace of god
almighty we are providing free daily meals to more than 35,000 people daily, twice
a day. We will Inshallah be opening 12 more Dastarkhwan in addition to 6 already
operational.
Our Fight Against Hunger –
This project is dearest to me. We are Alhamdulillah providing free daily meals to
more than 35,000 people daily, twice a day. We will Inshallah be opening 12 more
Dastarkhwan in addition to 6 already operational. I am very thankful to God
Almighty for having me privileged enough to be able to serve others.” Malik Riaz
Hussain, Chairman Bahria Town. Above and beyond the contribution of Bahria
Town in different sectors, now Bahria Town has come up with a new social project
of Bahria Dastarkhwan to feed the underprivileged people, who are unable to get
the basic food. Bahria Town Dastarkhwan is providing free meals, twice a day,
daily to people. Its impact is not only felt by the poor who come and eat there but
also by the families they have left behind who benefit from the hard earned money
which they save on each free meal.
General Features
Food - Each Dastarkhwan has its own kitchen in its premises. Fresh food is
prepared daily by the staff. Food is prepared in an hygienic manner. The menu
keeps rotating with pulses & meat. Halwa as a dessert is also added on Sundays.
During the Holy Month of Ramadan special iftar is also served.
Testimonials
LT. General Sallah Ud Din, HI, HI (M), S Bt | Chief of the
General Staff | General Headquarters Rawalpindi
Over the years Bahria Town has definitely emerged as kind of a
model for modern community living in Pakistan. Your ingenuity
and imagination has ushered in an era of modern housing in the
country which will have positive effects on the people’s life style
and has provided a concept for other organizations and companies
in Pakistan to emulate.
I pray your set up helps in bringing positive changes in the life’s of
the common Pakistanis to be able to afford quality living in secure
and serene environment within their humble and limited means.
I wish Bahria Town the very best of luck in bringing greater
happiness in the lives of our country men and success in their
projects.
Maj. Mansoor (Rawalpindi)
Excellent! It’s a beautiful place to live. I really appreciate the work
of Bahria Town. The whole Bahria Town is nothing more like a
paradise.
References: