I think it's not a $45 billion project at all. Even China has committed to invest over $100 Billion in this and other Western and Asian countries are also working with Pakistan to invest in this. I don't think so its for one location. This is for Pakistan.
So, first tell us how many Muslims are living in EU?
I think they might send all of them within 5 years time. Which means more and more money will be coming to Muslim world along with People too :)
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I think there would be around 50 Millions as of now in whole EU.
This is amazing as UAE is buying 60+ Rafaels, as proposed and it currently has 68 Mirage-2000-9s and also buying 30 F-16 Block-61s with 79 F-16 Block-60s are already in the Air Force.
So, this means that UAE is planning a bigger Air Force in coming future. I'm sure they are looking to buy...
BD should buy some used ground vehicles, APC, TANKs, Anti Armour missiles and Aircraft from NATO countries. As they might give away all this for cheap to fight ISIS.
Even used F-16s or Mirages too. I'm sure that India will come up with its own jets in BD air too.
I the plan which was halted was quite bad for the Harpoon Block-IIIs that might have a range better than Block-II and can be sold like Hot cakes to many Asian, ME and other countries in Africa.
How many Mirages are there now in PAF?
What about this idea that converting older non-Rose upgraded Mirages in to spares. And use their spares to support the current flying rose upgraded Mirage IIIs/Vs.
This is true that JF-17 has achieved a lot. Also, some members have suggested that KSA has placed an order for about 40 JF-17s and may be some other equipment which will present at a large base which is being built in KSA where Pakistan Army and Air Force will be present. Also, I'm quite sure...
You should know that China has upgraded its own SU-27 fleet which is about 100 planes. So, instead of bringing in something from Russia to Pakistan. They can easily deploy these with PAF help or can transfer them to PAF fleet for free.
These 100 SU-27s will be enough to take down any threat...