Re: Pakistan to build the World's tallest building in Karachi
^^ Yes, it's good if Pakistani businessmen invest in Pakistan, because if overseas businessmen invest in Pakistan we will be somehow dependent on them, which we shouldn't be in order to maintain our stability. Makes sense?
Re: Pakistan to build the World's tallest building in Karachi
Just stop responding folks!
These people will never understand how the world really works...
Re: Pakistan to build the World's tallest building in Karachi
^^ whats your opinion on this 1947 feet building?
Re: Pakistan to build the World's tallest building in Karachi
1947 foot building = iconic deal closing location for karachi businesses
Re: Pakistan to build the World’s tallest building in Karachi
This is complete BS. The investment onto the islands is COMPLETELY private. They have the majority stake in what goes on there. So long as the buildings are safe, Paki government cannot stop them from building what they want WITH THEIR OWN MONEY.
And you’re misinformed if you think Pakistan is a poor investment destination.
It’s ranked 74th for investing in, and is the most investment friendly nation in the whole of South Asia too.
Re: Pakistan to build the World's tallest building in Karachi
I firmly believe that those who build tall tall buildings are likely compensating for their lack of size some where else. Whats the friggin' point. Its a nightmare situation to evacuate a tall skyscraper in case of an emergency, parking is gonna be a mess (especially in Pakistan, where after a few years, the parking basements are converted to extra shops to get more moolah), waiting time for elevators is a huge problem (for those who are unfortunate enough to work/live in that monstrosity) and the bragging rights are only there till another shorty comes up with another even taller building somewhere else in the world. But no, all this pales in comparison to the fantastic photo-op for badshah salamat and his minnions. Move aside, we are building another tower!!
Just make a ladder to reach to the moon, and be done with it already, will ya!
Re: Pakistan to build the World's tallest building in Karachi
You cannot let terrorism dictate if you are going to build stuff or not
Look at Dubai building skyscrapers after skyscrapers but its located in the middle east
This skyscraper day to day functionality should be left to foreigners who wont be easily corrupted
But in my opinion instead one tall tower, we should build 10-15 60-70 story building to get a proper skyline going
Re: Pakistan to build the World's tallest building in Karachi
merc aik bldg par itna rona dhona ho raha hai, 10-15 blds par toh public ko heart attack ho jaye ga
Re: Pakistan to build the World's tallest building in Karachi
^^ LOL... agar public jahil hoi (jo wo shayad hai) to phir to heart attack hi hona hai.
Re: Pakistan to build the World's tallest building in Karachi
Meh kehta hoon heart attack hoonay doh!
Re: Pakistan to build the World’s tallest building in Karachi
Have you even bothered reading the methodology behind the ranking? CAN YOU READ? Indicators used : Time, costs, and ease of procedures. You sure do yap a lot for some who cant read statistics. Interesting report, but useless. Here’s one for you. We should trade pamplets more often, it sure is fun.
Where does that world bank link say ANYTHING about the real estate market in Karachi? We’re talking about a 2,000 foot building in a country that at best, has built a 350 foot building. Where does it tell me, as an investor, my building will get a return on investment after the all my formalities are done. Sure, the ranking tells me I can get my papers signed quickly, cheaply, and easily - but where’s the money coming in? Where are the reports that say Pakistan needs, and will respond favorably to a 2,000 foot building?
Mongolia ranks 45th. 20 spots ahead of Pakistan. Makes you feel bad doesn’t it. Anyway, Mongolia can have the GREATEST licensing board, but that sure as heck doesn’t mean I can build a 2,000 foot building and fill it to the brim with donkey riding farmers.
P.S. If you think this project is “completely private”, you’re making a public mockery of yourself. When the investors crawl over asking for subsidies like Emaar crawled over to the Port Qasim Authority, I’ll have a dunce hat waiting. The same goes for you UrbanPK. I saved an extra small especially for you. I’d rather keep it private, but I’m sure it’ll become public like all great monumental f’ ups.
Re: Pakistan to build the World's tallest building in Karachi
they better have military present to protect this building...cuz in pakistan nothing is safe...i mean they should work on terminating the extremist/terorist first
Re: Pakistan to build the World’s tallest building in Karachi
Thanks for pointing out some indicators of WHAT MAKES A COUNTRY GOOD FOR INVESTING IN AND WHAT DOES NOT! The “Ease of doing business” is defined as “A high ranking on the ease of doing business index means the regulatory environment is conducive to the operation of business.”
Normally I wouldnt explain such a simple elementary rhetoric, but it seems you have your origins somewhere from within some mud swamp in the zanbisi, so here goes.. The higher the ranking in that table, the better it is for the investor to establish and run their business in the country in question. Your assertion was that “No investor in their right mind would venture into Pakistan, one of the WORST places places to invest, and announce as ambitious of a project like this without government involvement.” Most people can see the contradiction between both statements, but perhaps i’m expecting too much in your case.
If you want to use that table from a property point of view (which in fact this is, except on a large scale), then Pakistan’s ranking is actually higher, nearly in the top third of all the countries listed there, FOR INVESTING IN.
And, I’m not sure why you responding with the posting of homosexual material in response to a question on property, unless you got it (and get it presumably) on the mind. You sound like a receiver which must come in useful to plug the amount of crap you talk out your arse.
The link wasnt to show you the real estate market in Karachi genius. The link was to show you that Pakistan is considered a moderate to good investment destination amongst those who know, and it was in response to your BS about Pakistan being a poor investment destination.
Hello? Anyone home?!?! Burj Dubai is being built by whom genius? Arabs, Persians, Afghanis? All the skyscrapers are built by Pakistani labourers, even the architects of some of the buildings are Pakistani, but they’ll probably get some foreign ones if this project goes ahead. Besides, building a skyscraper isnt anything big, they’ve been made for a long time now though perhaps you wouldnt notice gawping at the men around you (since you appear interested in that sort of stuff).
This makes absolutely no sense. I’m actualy wasting my time, but I might as well finish off this post anyway. The investor in this case, is going to get all the revenue from the foreigners and the locals that come and use their buildings, and their land. That in the long run will amount to more money than they paid in the first place. It is a win-win situation for everyone, and only a semi literate could not realize this.
And Italy ranks 82nd and India ranks 134th. That actually shows that Pakistan is quite a good investment destination. Even if Mongolia has a relatively high ease for doing business, there isnt the same sort of growth in the economy that is needed to attract good investment.
This is presumably where you are thinking of subsidies. Of course it doesnt say that the Paki government is paying any subsidies, just that Port Qasim AUthority (presumably Paki govenrment) have not sold off all the land so that it remains a minority stakeholder. The $43 billion is still going to come in, and the skyscraper would still be paid for by the foreign company. You might finally understand this, but I doubt it.
“Emaar Properties, one of the United Arab Emirates’ biggest property firms, will have an 85% share in the 13-year project to develop Bundal and Buddo.”
“Pakistan’s Port Qasim Authority will hold the remaining 15% stake in the enterprise in the form of land, the government said.”
Even if it goes wrong, so what?
Why would you like to not see development in Pakistan?
Re: Pakistan to build the World's tallest building in Karachi
thx for sharing
Re: Pakistan to build the World's tallest building in Karachi
Hey forget the investment! As long as it is private and not governmental what's the point? The government is supposed to care... not foreigners or entrepreneurs (how far are they gonna take us if the government doesn't give a sh!t). As long as we don't depend on our government we have no clue as to whether we are progressing or falling... we're just lost. And even if the investment is private, at least it should be backed or monitored by the government (basically saying the government should be at the helm).
Re: Pakistan to build the World's tallest building in Karachi
hmm... dont mind tallest buidling in Pakistan, totally think its doable, they would probably just need to contract out! thats not hte issue. i just think the money could be soooo much better spent on other things that are so much more necessary for the country.
and really trees are necessary! whats wrong with him! what r we supposed to be like japan! import all our food! thats just plain stupid!
really use hte money grow more trees! thats what i say and leave the poor sea alone as if the species have ot already suffered so much not to mention the fact that due to all the insane pollution from china (stupid polutting china and thier damned nukes!) and karachi itself, they have probably amorphosized, and who knows what kinda new species are happening down there, maybe even a godzilla!! - it could happe u know!!!
Re: Pakistan to build the World's tallest building in Karachi
^^ LOL... trees are ONE important thing the money NEEDS to be spent on. Heck, I think we pretty much have the money for it--but who will organize it?
Now think - if we had an organized gardeners' firm that takes care of people's gardens for a certain fee.. and the gardeners neatly and efficiently organize plants into other people's gardens how much will everyone benefit.
Money isn't everything, organizing skills are also stressed.
Re: Pakistan to build the World’s tallest building in Karachi
Private Private Private ? what is that supposed to mean
There has to be some regulatory body which defines what kinda investment is required and what is not. The government agencies and city administration is supposed to be the one deciding on that one.
Tomorrow you will have PRIVATES wanting to do this , do that , build this , demolish that… and nobody cares because its done by a Private Company??
So based on this criteria - if I win the super7 next week, I am heading back to karachi to build a CANAL from Nagin Chowrangi to KeemaRi and operate water taxis, because they have similar water taxis in Venice and it will be a prime tourist attraction. Kya khayal hay 
Whatever investment is done, it has to be in strict accordance with what the city needs. Why cant the government give subsidies and incentives to foreign firms (or PRIVATES) who have a couple of billion dollars rusting in their pockets and want to get rid of them. Why cant they be asked to invest in the infrastructure, power supply, transportation etc etc.
Once the basics are taken care of, the rest of the development would come automatically. Only then will make a lot of sense to build high rise building, floating gardens and what not… to PROJECT the image of your city
Re: Pakistan to build the World's tallest building in Karachi
james Bhand, just because you are not getting investment in one area does not mean you block the investment you are getting in other areas. :)
Re: Pakistan to build the World's tallest building in Karachi
1947 feet high!