Re: I want to appreciate Shahbaz Sharif - (Metro Bus)
Spending 80 billion on a project which by most estimates, will help only a small percentage of Lahore is a good business decision, because no doubt, a major chunk of that 80 billion went to commissions.
Spending 80 billion on a power project which could have helped the industry at large, and increased the employment rate of Punjab by a ton makes lots of common sense, but no business sense.
If you look at all the projects undertaken by the Sharif bros, they involve business deals which provide quick returns. Sasti roti (useless failure), laptop scheme (major kickbacks reported), danish schools, are all examples of business deals gone wrong. Metrobus has involved billions, and for it to fail would be colossal. Noone wants it to fail, but the maths doesnt add up. Pakistan is in no position to undertake organizations that have no streaming revenue. We have cash cows that are currently worse than dead cows,(PIA, Railways), we certainly dont want another one. Hoping for the best. (Sad part is, results wont show for another 2-3 years)