Creder
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Very naive. The government of Pakistan is not investing this money. Private enterprises are. Are you suggesting that real estate companies disband this project and distribute the money amongst the poor?
In the absence of your imaginary utopia, the next best thing is for private enterprise to spend money on projects that create construction, manufacturing and service jobs. How much of the cement and steel used in the $350M Centaurus will be flown in from Europe? None. It's all going to be done here in Pakistan.
How many Americans, Europeans or other non-Pakistanis will be employed at the hundreds of shops, offices and the hotel? A handful if any. All these jobs are for Pakistanis.
So I don't see what your gripe is. Unless you're a communist. In which case... tough.
your a thinktank member, id have thought of all the people on this web you guys were decent enough to start an argument without attacking the guy and actually presenting logical arguments.
With that being said,
I am not against the project, nor do i say that it wont be useful...and i dont say this because of the points you made...All the advantages of this hotel are more symbolic than material, it will create an environment of renewed confidence within islamabad that will entice the foreign companies to a confident and luxurious business environment. But thats where it ends, Islamabad is already the clubhouse for the high and mighty of Pakistan, and this venture is nothing more than that.
In the absence of your imaginary utopia, the next best thing is for private enterprise to spend money on projects that create construction, manufacturing and service jobs. How much of the cement and steel used in the $350M Centaurus will be flown in from Europe? None. It's all going to be done here in Pakistan.
As i mentioned in my post, there are much bigger and better projects that these companies can be involved in that will actually help pakistan. Our transport system is in ruins, these companies could bring in Pakistan the strong infrastructure of roads that is vital to any country. It would create more jobs, help the farmers get their stuff to the markets on time, reduce their costs, increase pakistan's government awareness within their own country, would prove to be a much valuable asset to the defense infrastructe within the country... bring people together...and yes it will also use steel from Pakistan.
So I don't see what your gripe is. Unless you're a communist. In which case... tough. [/QUOTE]
I've lived in Islamabad, have my house there..but the stark difference thats evident when you crossover from faizabad is too much...for twin cities they have nothing in common, and same goes for the rest of the cities in pakistan. Im not a communist nor a fanboy