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Infrastructure Development in Pakistan

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KARACHI: March 25 – Sindh Governor Dr. Ishratul Ebad Khan addressing during the inauguration of Metro Cash & Carry Pakistan. APP photo by M. Toheed



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Sindh Governor Dr. Ishratul Ebad Khan visiting the different sections after the inauguration of Metro Cash & Carry Pakistan. APP photo by M. Toheed



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Sindh Governor Dr. Ishratul Ebad Khan visiting the different sections after the inauguration of Metro Cash & Carry Pakistan. APP photo by M. Toheed



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ISLAMABAD, Jun 24 (APP): Prime Minister Syed Yousuf Raza Gilani on Tuesday said all economic sectors in Pakistan are open to Foreign Direct Investment and a level playing field is provided to both local and foreign investors allowing 100 per cent foreign equity. He was talking to Farhad Zulfiqar, Executive Chairman, Makro Habib Pakistan a joint venture between Makro Cash and Carry, a leading Dutch wholesaler of food and non-food products in Asia and South America and House of Habib, Pakistan who called on him here at the PM House this morning.

The Prime Minister said that the government has announced favourable incentive packages to attract investment in all sectors including reduced customs duty, sales tax and withholding tax relief on the import of machinery.

Farhad Zulfiqar told the Prime Minister that Makro Cash and Carry has 172 stores worldwide including in five countries of Asia and four countries of South America and has an annual turnover exceeding four billion Euros.

In Pakistan the company has so far set up 4 stores in Karachi and Lahore, and plans to set up 30 stores, he said.

In his presentation Marek Andrej Minkiewicz, the CEO and Managing Director of Makro Stores in Pakistan informed the Prime Minister that Makro Habib plans to invest around $ 300 million in the next four years out of which $ 200 million will be inward remitted as Foreign Direct Investment.

He said that the monthly turnover of each store is around Rs 160 million.

Secretary Industries and Secretary Board of Investment attended the meeting.
 

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Update:



Newsletter From Emaar Pakistan

Stepping Up
Crescent Bay is on course to deliver the quality of life at par with the very best. Construction is pacing up day by day as Emaar promises to deliver your properties in 2011. We take it as our duty to share with you the current status of the progress in detail.

As per the recommendation of our consultants about 3000 piles were required to be casted for the residential plot No. 5, 7 & 8, each having a diameter from 760mm to 1000mm and depths of average 35 meters into the ground. The contract for the purpose was awarded to renowned construction contractors like Paragon Constructors (PVT) LTD and SKY Construction LLC.

Construction Facts at Crescent Bay Karachi
• 210,000 cubic meter of excavations
• 2,800 piles in reinforced concrete (3 feet diameter and 115 feet deep of which 15 feet inside hard rock)
• 80,000 cubic meter of concrete in piles
• 12,000 tons of steel bars to reinforce piles
• 140,000 square feet of raft foundations (8 feet high)
• 78,000 cubic meter of concrete in raft foundations
• 16,000 tons of steel bars in raft foundations

The process of drilling works involve reverse rotary boring up to the required depth, determined through detailed structural design carried out by internationally acclaimed consultants. Later stages involve, formation of high strength steel cage, lowering of cage in bored holes/logs to the entire depth and placement of concrete of required design strength to form an integral structural member known as Pile. All this work is under execution by specialized Engineers and Technicians, supervised by highly qualified professionals comprising our team of internationally acclaimed Consultants and Emaar Pakistan’s dedicated officials.

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Future Plan
On conclusion of pile foundations work, Emaar Pakistan is planning to start work on sub structure comprising pile caps, rafts two level basements, ground floor and podium structures in September, 2009. All the requisite documentations / formalities for the tender process and award of Works are complete. The image on the top represents a typical cross-section of the building, to familiarize our valued customers with the design of RCC frame structure of the building, number of floors and to highlight its structural stability with the help of Pile Foundations.
 
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Dubai went on a massive restructing project in property for 10 years . They built high rises and fancy apartments. When the recession set in , Dubai went bust and many of those projects remain incomplete.
 
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Almost finished building on University Road

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Hassan Square

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Flyover U/C on Shaheed-e-Millat, near Tariq Road

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Buildings near Tariq Road

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. . . .
Update:



Newsletter From Emaar Pakistan

Stepping Up
Crescent Bay is on course to deliver the quality of life at par with the very best. Construction is pacing up day by day as Emaar promises to deliver your properties in 2011. We take it as our duty to share with you the current status of the progress in detail.

As per the recommendation of our consultants about 3000 piles were required to be casted for the residential plot No. 5, 7 & 8, each having a diameter from 760mm to 1000mm and depths of average 35 meters into the ground. The contract for the purpose was awarded to renowned construction contractors like Paragon Constructors (PVT) LTD and SKY Construction LLC.

Construction Facts at Crescent Bay Karachi
• 210,000 cubic meter of excavations
• 2,800 piles in reinforced concrete (3 feet diameter and 115 feet deep of which 15 feet inside hard rock)
• 80,000 cubic meter of concrete in piles
• 12,000 tons of steel bars to reinforce piles
• 140,000 square feet of raft foundations (8 feet high)
• 78,000 cubic meter of concrete in raft foundations
• 16,000 tons of steel bars in raft foundations

The process of drilling works involve reverse rotary boring up to the required depth, determined through detailed structural design carried out by internationally acclaimed consultants. Later stages involve, formation of high strength steel cage, lowering of cage in bored holes/logs to the entire depth and placement of concrete of required design strength to form an integral structural member known as Pile. All this work is under execution by specialized Engineers and Technicians, supervised by highly qualified professionals comprising our team of internationally acclaimed Consultants and Emaar Pakistan’s dedicated officials.

9b20027d85e398b87aaeb15e94bca522.jpg


Future Plan
On conclusion of pile foundations work, Emaar Pakistan is planning to start work on sub structure comprising pile caps, rafts two level basements, ground floor and podium structures in September, 2009. All the requisite documentations / formalities for the tender process and award of Works are complete. The image on the top represents a typical cross-section of the building, to familiarize our valued customers with the design of RCC frame structure of the building, number of floors and to highlight its structural stability with the help of Pile Foundations.

The first picture you quoted in your message is not of EMAAR'S CRESCENT BAY. It is of KARACHI WATERFRONT, a 60 billion dollar investment plan by Dubai based LIMITLESS which has recently been CANCELLED.
 
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The first picture you quoted in your message is not of EMAAR'S CRESCENT BAY. It is of KARACHI WATERFRONT, a 60 billion dollar investment plan by Dubai based LIMITLESS which has recently been CANCELLED.

I got the picture from the following website:

Paragon Group of Companies

It says underneath the set of pictures "Emaar Crescent Bay, Karachi" in the website.
 
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