Saudi group to help build island city and tramway...

Indeed a very good news for the Land of Pure. Shows the investors confidence is coming back…

KARACHI (March 25 2004): Saudi Engineering Group International (SEGI) has signed memorandums of understanding (MoUs) with the City District Government Karachi (CDGK) to invest $500 million in two different projects in Karachi.
The two projects include the revival of tramway service in Karachi at a cost of $200 million and the creation of Bundle Island, a tourist spot near Creek Club worth $300 million.
The estimated completion time of both the projects are one and three years respectively
.
http://www.brecorder.com/index.php

:jhanda:

That's all wonderful for karachi, but can someone please also do something for karachi's antiquated power supply network. Recently karachi had another horrible blackout, thanks to KESC.

Yay!!! :)

:cool:

SEVEN STAR HOTEL..SEVEN STAR HOTEL..SEVEN STAR HOTEL..SEVEN STAR HOTEL…

According to my info, there’s only one 7 star hotel in the wordl, the Barj Al Arab. This is going to be only the second one!!!

http://www.brecorder.com/story.php?id=130098&currPageNo=1&query=&search=&term=&supDate=

:eek::k:

Super Cool!!!

WOW!!!

The salient features of the project included the establishment of a 7-star hotel, water park, safari, health club, animal rides, courtyard, aquariums, bowling and ice skating, boat rides, guest marina, restaurants, hospital, entertainment centres, etc, he added.

Cool. I won't be stopping in Dubai after that. :)

Punjab Govt. is developing New Murree on the same lines as Switzerland. Royal Saudi and Dubai Sheikhs have shown interest in that project too. Its going to be a completely new, planned city. The govt. handouts says its going to cater for the elites and the plots and everything else will be expensive to highlight the exclusivity factor. :cool:

Then there is a 6 star hotel that is going to be developed in Islamabad near Convention Center. :slight_smile:

And lastly, don’t forget Gawadar. :slight_smile: :slight_smile:

[QUOTE]
*Originally posted by ChthonicPowers: *

And lastly, don't forget Gawadar. :) :)
[/QUOTE]

Ah yes, Gwadur - wait till that opens, that will change everything. :)

Karachi can become Dubai :k:

Re: Saudi group to help build island city and tramway...

[QUOTE]
*Originally posted by ZulfiOKC: *
and the creation of Bundle Island, a tourist spot near Creek Club worth $300 million.
[/QUOTE]
Never been to Bundle Island. What kinda place is that?

[QUOTE]
*Originally posted by ChthonicPowers: *

According to my info, there's only one 7 star hotel in the wordl, the Barj Al Arab. This is going to be only the second one!!!!!!!!!!!

[/quote]

there are seven star hotels all over the world.

Inshallah, with Gwadur port and Makran Highway opening soon that will happen?