Group Members

Nazish Anwar Ayesha Yasmeen Rubab Malik Syed Arslan Ahmad BBC-10-02 BBC-10-26 BBC-10-32 BBC-10-45

Pakistani Business Leader

Sadruddin Hashwani

Sadruddin Hashwani
My life has been hard at times. I am a self-made man and have never depended on my parents. I took it as a challenge, touch wood and thank God because it has been a success. I am very satisfied that I have achieved many of my goals. (Sadruddin Hashwani)

Introduction
Sadruddin Hashwani, is one of the top 10 richest men of Pakistan, is the boy who made it. Hashoo Group of Companies was established under the leadership of Mr. Sadruddin Hashwani. In a period of some three decades he through his single handed dedication and commitment to the Profession has transformed this Group in to a leading industrial group of Pakistan

 Hashoo Group of Companies today boasts the only chain of Five -Star Hotels in Pakistan namely The Pearl Continental Hotels chain and the Karachi Marriott and the Islamabad Marriott Hotels Today, Hashoo Group of Companies besides hotel industry encompasses oil and gas exploration, mining, ceramics, pharmaceuticals, tourism and travel.

The Group Is Constantly On Its Forward March

The construction of Pearl Continental Hotel Bhurban Construction of new wing called Atrium Wing of The Pearl Continental Hotel Lahore equipped with the most modern amenities Acquisitions of the state-of-the-art Ceramics Factory to design and produce crockery

 Mr. Hashwani runs Hashoo Foundation whose sole objective is to engage in philanthropic projects in support of social and cultural causes and for the uplift of the deprived.

List Of Companies Owned By Hashoo Group

Hotels and resorts: Pakistan Services Limited Hashwani Hotels Limited Hashoo Motels Hotel One by Pearl Continental Hotel One by Pearl Continental

 Tours and travels

Pearl Tours & Travels (Pvt) Limited (rent a car division) TransAir Travels (Pvt) Limited

Information technology
Net-21 (Pvt) Limited Tejari Pakistan Ltd

 Oil and gas

Ocean Pakistan Limited. Zaver Petroleum Corporation Limited

Minerals
Zaver Chemicals (Pvt) Limited Zaver Mining Company Limited Zaver Oils Limited

 Pharmaceuticals
Gelcaps (Pakistan) Ltd.

Ceramics
Cera-e-Noor

Investments
Hashwani Sales & Services (Pvt) Limited Hashoo Holdings (Pvt) Limited

Trading companies
Hashoo International (Pvt) Limited

 Welfare Hashoo Foundation Umeed-e-Noor

History
AYESHA YASMEEN BBC-10-26

HISTORY
Sadruddin Hashwanis forefather were in business his parent wanted to saw him doctor but he used to play cricket and took interest an college union activities and failed then he realized he did not waste his time in these activities. At the age of 18 he became sales man of steal product, although he belonged to a very strong financing family. He started export cotton. He exported first consignment has sent to Russia in 1965. Starting of rice business in 1972.

HOTELS
When government nationalize the trading companies. He went to Canada and remain jobless he had a opportunity to go the new York and continue his business, but he decided to live in Pakistan and decided to build hotels in his own homeland. He has build holiday inn in 1978 in Islamabad. There were only five hotel in Pakistan he build intercontinental hotel with the help of general Ayub. Then he build hotel in Dhaka, Karachi, Lahore, Peshawar and Rawalpindi. Sadruddin Hashwani had spread the network of hotels all over the Pakistan and set example for other business men to follow him.

OTHER PROJECTS
He has no only contribution in cotton , rice and hotel management but also invested in tourism and tour guidance , rent-a-car services. Hashoo group has started investing in energy and water sectors as Pakistan had been facing these problems since last two decades. He bought occidental petroleum and paid a high price for company. He drilled 200 wells and made seven discoveries.

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Another sector where he served Pakistan was high tech-ceramics Cera-eNoor in blochistan. This plant has capacity of producing 10000 pieces a day. He established another company named as Gelcaps limited which was Halal and use for medicines.

Presenter

Rubab Malik BBC-10-32

How he started?
First his parents wants him to be a doctor but he was not good in studies. At age 18 he began as a salesman selling steel products. In 1965 when he was 25 years old he got an opportunity to participate in the export of cotton. In five years he had achieved the position as the largest cotton exporter as "the king of cotton"

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Next he started rice trading when Pakistan separated from East Pakistan, there was huge surplus of rice that used to go to East Pakistan. he had become the largest rice exporters in the country in one year. When the government decided to nationalize the trading companies involved in cotton, rice, barley, etc., he was in Toronto and became jobless due to the actions of the Government of Pakistan.

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He came back to Pakistan even though he had many opportunities to go to New York. Then he began to think about building hotels. While the government was nationalizing, he was purchasing real estate, companies such as New Jubilee Insurance and everybody was laughing saying: "Nationalization is taking place and you are investing in Pakistan!"

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In the early seventies he expanded his business interests as a pioneer in Pakistan's hotel industry. He build the Holiday Inn in Islamabad in 1978. Hashoo Group built another hotel in Karachi, which was again a Holiday Inn. The reason it was a Holiday Inn was that they allowed Sadruddin to have a franchise whereas other hotel brands were not prepared to give him a franchise because they wanted to manage the hotel themselves.

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Intercontinental was built with the help of President Ayub Khan. Thus Pakistan Services Limited, which Sadruddin owns today, was established by the Government of Pakistan. Intercontinental Group had also put its own money into the project. Other investors were American company Pan Am and Prince Sadruddin Aga Khan. Government came forward and gave the land for these five hotels to be built. One of them was in Dhaka, and the other four were in Karachi, Lahore, Rawalpindi, and Peshawar.

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Initial projects laid the foundation for tourism. The contract with Inter-Continental expired and Pearl Continental became the new name all over. Pearl Continental in Karachi is a member of the leading hotel group in the world. PC is easily pronounced and widely recognized. PC-Bhurban was build.

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Marriott too, belongs to Hashoo Group. For the first time they had given a franchise to a hotel that was not directly under their management control. Today in the Marriott Hashoo Group has a 27year old property. Well equipped. Well furnished. Their own airline booking software. Quality investment with quality image.

Nazish Anwar
BBC-10-02

Diversifying into oil & Gas sector

Since diversifying into the oil and gas sector in 1995, through Orient Petroleum, Mr. Hashwani is eyeing the energy sector in various nations. Pakistan has a net deficiency in energy resources. As a child he had the desire to be in the oil and gas exploration business because he likes to take risks

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bought Occidental Petroleum it had all of the infrastructure, the trained people, and the entire data room with all the facilities In last two years 1. Drilled 20 wells 2. Seven discoveries 3. Right now they are producing 100 million cubic feet per day of gas and hopefully will be producing approximately 200 million cubic feet by July of this year.

Joint venture
Major shareholder in Zaver petroleum 10.5% partner with OGDCL. They had seven discoveries with OGDCL in another block, which was theirs, but they had given it to OGDCL to operate.

Positive Role
Mr. Sadruddin Hashwani was awarded the Outstanding Professional Contribution Award for his distinguished services to the tourism industry of Pakistan. He is not looking for any award or recognition. What he does is what drives him,

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his satisfaction is not making money in business, but rather providing 9,000 jobs today. He wants to provide more jobs and to contribute to his country's economic growth. His goal is to play a positive role.

Hashoo Foundation, and Umeed-eNoor

Hashoo Foundation has built 18 schools in Pakistan so far They are taking in children from working class families and providing them with free education, books, uniforms, making sure that once they pick up a child, they can make him a graduate Sadruddin Hashwanis wife is running the Umeed-e-Noor Foundation, which helps handicapped children.

Awards
Institute of Business Administration, Karachi honoured Mr. Hashwani in 1988 with the Outstanding Professional Contribution Award. For his distinguished services to the Tourism Industry of Pakistan, he was awarded a Gold Medal at the Tourism Convention held in 1993.

Building Hotel
In regime of Z.A Bhuto he decided to build a hotel on a piece of land that he owned in busy Sadar area in Karachi He applied for for a loan and sought allotment of land in Islamabad for a 5-star hotel Zia ul Haq accused Bhutto of sanctioning a loan to Hashwani Hotels despite of he is a defaulter

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A loan of Rs 19.8 million was sanctioned by Investment Corporation of Pakistan. Few years later, it was Zia ul Haq govt that sanctioned a loan facilitating Sadaruddin Hashwani to purchase Pakistan Services Ltd

Success Factors
Pioneer of five star standard hotel in Pakistan Unique management and leadership style Mr. Hashwanis success lies in two factors: 1. one, his ability to foresee a good business opportunity 2. his determination to soldier on in the face of adversity. He credits this simply to faith. I get my strength from God, he says.

Recommendations
He could give local name to Marriot and promote his own name through the world employees should be given incentives for better work Minimize the errors in formal appraisal for the fair reward system