Loot sale : Entire Karachi Port leased to Abu Dhabi for 50 years for $50 million dollars. Chief economist general asim munir

[arjunk]

Karachi being exploited to stuff the pockets of the rest of the country is nothing new.

Idiot back home had no idea what is happening

Oh they knew, they were busy targeting anti-BLA Baloch tribes who stood in the way of project Imran.

They don't want the betterment of the country, they just want power.

 

[Cash GK]

Many of you may have watched famous Turkish drama Diriliş: Ertuğrul. What is happening in Pakistan. It is carbon copy of that drama. turks predicted many things way before the time. That darna shows how enemies occupy nation's Assets and titan the grip on their puppet traitor dogs to keep them chack. And make them kill forces who are loyal to nation and country.

Karachi being exploited to stuff the pockets of the rest of the country is nothing new.


Oh they knew, they were busy targeting anti-BLA Baloch tribes who stood in the way of project Imran.

They don't want the betterment of the country, they just want power.

Project imran is run by Pakistanis and w pakistan will do everything to make it work.

 

[ThunderCat]

I'm okay with it. But one million a year is too low. We need to sell it for at least three times that amount.

 

[Hero786]

Why can't Pakistan or Pakistanis operate it and make money, we have 250M population. Uae will bring trouble, look in Sudan and other states, these states start to fund their proxies and when you get out of line they will bite you hard.



Good point, the whole nation is in sale, wonder how much kickbacks were given to the rulers.

It was already profitable, so no need for lease.

Saudi did same, they gave fund to mullahs in Pakistani madrasahs and there is terrorism and sectarian violence. uae who is saudi puppet, will do same.

I'm okay with it. But one million a year is too low. We need to sell it for at least three times that amount.

not 1 million per year.

50 million $ advance,

23 to 24 million dollars yearly,

5 % increase after every 3 years.

and etc

 

[PakAlp]

I'm okay with it. But one million a year is too low. We need to sell it for at least three times that amount.

23M yearly.

 

[Kuru]

My forecast about a month ago. Quite close:

 

[PakAlp]

Saudi did same, they gave fund to mullahs in Pakistani madrasahs and there is terrorism and sectarian violence. uae who is saudi puppet, will do same.

Muslim states are stupid, the Arabs/Turks/Iranian are intelligent. Saudi Arabia did not spend 100B on Maddrassas, Masjids, Schools, universities, Charities, TV channels, loans for no reason, they have successfully created assets in those countries, who will even wage jihad if the time comes. All these people are pro Saudi, love Saudi, read their Quran translations, follow their sect, these same assets then create political parties, even militants.

Its not just maddrassas, they targeted the liberals, elite through other means such as books, universities, scholarships, TV. How much can you imagine they spend buying loyalties?

Qatar also does the same, they support political Islamic movements, UAE the same. Iran also does the same and recently Turkey.

Iran and Turkey have self respect and are proud independent nations, they will never allow it but Pakistan however is always willing to bendover.

 

[ThunderCat]

23M yearly.

I hope so.

 

[Gaomayaslayer]

UAE is an enemy of Pakistan. Basically the khabees elite of Pakistan are selling off our major assets because they are planning on running away. We need a revolution now and put these traitors behind bars for ever.

 

[Iron Shrappenel]

1- We can't even run a port ourselves? Engro? Habib group? Lucky group? Tata group in India can diversify into everything, but except Engro, all other Pakistani groups are still stuck in the 80's with textile and low value items.

2- Why would UAE develop a Pakistani port? What incentive does it have to do that?

Habib Rafique PVt LTD is busy with housing societies these days... It's the new cocaine for Pakistani Billionaires/Millionaires.

 

[airmarshal]

This is what happens when a man does things other than his main job.

I tell you this. These army generals wont quit unless we kick them out.

 

[Jango]

Habib Rafique PVt LTD is busy with housing societies these days... It's the new cocaine for Pakistani Billionaires/Millionaires.

When did they get into housing?

In Karachi?

We really need to do something about housing schemes.

Near my village (@Hyde would know), a new motorway got constructed and then all around it we are seeing mushroom growth already of these sketchy housing schemes. GT road is already now filled with them.

Why does a big group like them need to get into housing?

Take some inspiration from Tata ffs.

 

[Menace2Society]

You just gave your port away to a country in bed with the Indians. Gwadar gone. Karachi gone. Your assets are being sold off.

 

[NooriNuth]

23M yearly.

But the port was already earning lot more than that.

Pakistan leases Karachi Port Trust terminal to UAE group for 50 years

KARACHI – A leading UAE port operator has signed a 50-year concession agreement with Pakistan to operate a terminal at the Karachi Port Trust (KPT). As

en.dailypakistan.com.pk

 

[Jango]

But the port was already earning lot more than that.

Pakistan leases Karachi Port Trust terminal to UAE group for 50 years

KARACHI – A leading UAE port operator has signed a 50-year concession agreement with Pakistan to operate a terminal at the Karachi Port Trust (KPT). As

en.dailypakistan.com.pk

From the article, it seems the port was generating revenue of $50 million anually, but the AD group will pay us $20 million only?

What I seem to understand though is that only 4 berths are given away, the rest of the port still remains with the government.