Elliot Wilson

The military millionaires who control Pakistan Inc

Elliot Wilson says Pakistan’s economy is dominated by a ruthless business conglomerate that owns everything from factories and bakeries to farmland and golf courses: the army

issue 19 January 2008

Elliot Wilson says Pakistan’s economy is dominated by a ruthless business conglomerate that owns everything from factories and bakeries to farmland and golf courses: the army

Sometime in late 2004, Pakistan’s all-powerful army made a curious decision. Under mounting pressure from London and Washington to capture Osama bin Laden, believed to be hiding in Baluchistan, Islamabad’s fighting forces instead turned their attention to a far more profitable venture: building golf courses.

In itself this wasn’t particularly unusual. With 620,000 soldiers, Pakistan boasts the world’s seventh-largest standing army, but its senior officers long ago realised the perks to be gained from commercial ventures. Since independence in 1947, the army has steadily intertwined itself into Pakistan’s economy: so much so that it’s hard to tell where the military stops and any semblance of free-market capitalism begins.

All too often, there is no dividing line.

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