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Abu Dhabi Group sign investment worth $45 billion

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I hope Pakistanis have not forgotten this:
http://www.defence.pk/forums/economy-development/4004-worlds-tallest-building-built-karachi-island-musharraf.html

6 years but even a single brick is not laid.:lol::lol:

Last time also the main source was GEO TV.:)



Get Your Facts Straight.That Island Project Was Planned By Emaar Constructions.It Had Two Major Shortcomings

1.They Were Doing It Alone,They Had No Major Local Partner.Such Is Not The Case This Time.

2.In 2008 A Major Financial Crisis Hit Dubai Which Affected Emaar As Well.That Is Why They Had To Postpone Many Of Their Projects
 
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Our Indian friends are "hoping for it to be a scam", too much entertainment these days is coming from the eastern border. :coffee:

LOL:rofl: :rofl: :rofl: You are right Brooo.

Elections ka bi Both Kamal hota hy:pakistan:

Probably never going to happen. Just news---- *yawn*.

Not just *yawn* News

Malik Riaz is Founder of bahria town.



Bahria Town is the largest real-estate developers and Investors in Pakistan and the largest private housing society in Asia. Bahria Town has establishments in Lahore, Rawalpindi, Islamabad, Murree and Karachi.Bahria Town is a mega gated community, worth $6 billion only in Rawalpindi. Bahria Town Rawalpindi is the original community it has nine phases, which has a capacity of a planned residential city for 1 million people. The Town's offers amenities (24-hour armed security, schools, hospitals, a fire department, retail shopping, restaurants and entertainment centers). Given the Pakistan's security issues, Bahria Town remain the safest place to live with a lower crime rate than other developments. Rival Pakistani developer, Defence Housing Authority, have built similar gated communities in the suburbs of major Pakistani cities such as Karachi. Bahria Town operate's Pakistan’s largest private sector fleet of heavy earth moving equipment and the service workshops. Bahria is also building the First Formula 1 racing track with full proof safety provided to Bahria Town residents. It employs over 20,000 workforce with. Recently Bahria Town announced its collaboration with Starwood Hotels for the opening the Sheraton Golf & Country Club, which would be the first of its kind in Pakistan. Malik Riaz Hussain, founder and ex-Chairman, is the force behind Bahria Town, started in the 1980s as a small-time contractor. As competitors targeted the rich, he built for the emerging middle class, becoming one of Pakistan's richest developers. In May 2012 Bahria Town has won five awards at the Asia Pacific International Property Awards.

http://en.wikipedia.org/wiki/Bahria_Town
 
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Following things come under this investment:
1: The 16,000 acres Bahria Town project is in Hawks Bay.
2: The project was owned by Giga Emaar before and has now transferred to Abu Dhabi Group - Bahria.
3: The project will include an Education City, Sports City, International City, Medical City, Media City and housing.
4: Bahria will also be developing Bundle Island.
5: They will also build the 60 story Bahria Icon.
6: And will also build the 25-30 story Bahria Opal at the old location of Zardari House
7: Land has not been acquired yet and will be bought from KPT, KMC and Navy.
8: Start of project will take few years.
9: 2000 acres will be reclaimed from the sea.
 
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Good, pakistan need Gulf money. we most not allow india to increase the gap between her and pakistan. I see india as a threat to GGC in 30 years and I can only hope that china keeps her busy since we have millions of indians here either legally or not. The time will comes when india expresses her concern about her people here.
 
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Lets see what happens. There's a lot of talk in Pakistan but not too much action to back it up
 
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Read in news paper, there was no such contract. It was merely a MOU that they will assist Technically. All rumors

1101763276_1.jpg



http://www.express.com.pk/epaper/PoPupwindow.aspx?newsID=1101763276&Issue=NP_LHE&Date=20130222
 
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May be this is offtopic...1 INR= 1 PKR...That means if the trade between India and Pakistan is liberalized...then Indian company can even invest in Pakistan to create manufacturing plants in half of the price and export back to India..Is it not a rational thought????Just wondering...What is the potential of it?
 
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