Moin Ansari’s piece is quite optimistic:
The fundamentals of the Pakistani economy are sound. Arab and Asian money is still flowing into the Stock Exchange and the entire country looks like a construction site. You don’t read all about the 9 new 5 star hotels being developed in Karachi, or the flyover, and the motorways. You don’t hear about the massive idustrialization and the six industrial zones being set up by China. You don’t hear about giant new cities springing up where there was only desert. Pakistan has the 4th largest coal reserves in the world and now most of the cars run on Liquid Petroleum Gas.
There is excitement in the economic air and stock exchange reflects it. My servant from 30 years ago called me today–from his own mobile! I was in schock, but shouldn’t have been. 85 million Pakistanis have cell phone now and that number is growing.
Read the full post here
5 Comments
January 25, 2008 at 10:33 pm
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January 26, 2008 at 2:47 am
The only stories we hear about are from the “Crisis News Netwrok” that spells armeggedon in Pakistan with its blood-thirsty Taliban, and the ephemiral “lose nukes”.
It seems like an orchestrated campaign.
Thanks for the link and posting….
Other stories on my blog show thta the Omanese the UAE are continueing the investment in Pakistan…there is a reason for this…after the Dubai Ports fiasco, which prohibited the Dubai firm from investing in the USA…the money starte flowing into Pakistan.
A few bombings will not change anything…life goes on
http://moinansari.wordpress.com
January 26, 2008 at 2:28 pm
Would be interesting to see 5 stars hotels with no bread servings, we r out of wheat..
oh yes and 5 star hotels with no electricity, wow that wud be good
and no parking space too coz we have thousands of cars on the road on banking loans, ppl dont own nothing.
and ya, who else will be using these hotels except for brown sahibs coz goras leak their pants b4 thinking of even visiting pk.
development my ass! u call this an infrastructure, look at the newly built (and falling) karachi bridges and highways, there is no pedestrian walkways or even bicycle lanes!
January 26, 2008 at 4:42 pm
Thank You for your kind comments. We may agree to disagree, but we respect your opinion on the condition of Pakistan.
What problem has been resolved……5 Star htoels have their own generators, and would is spelt “would”
Glass empty or glass full?
All cars in the USA, Japan and Europe are also on “loan”. So many cars is a good thing! 85 million cell phones is a great thing.
tsk! tsk!…no bicycle lanes on freeways….duh! there shouldn’t be bicycles or pedestrians on freeways……
“koain kay maindhak” don’t have a clue!!!
There is a global shortage of wheat…India and Afghanistan have a serious shortage. In India electricity comes once a week in may locations…Bollywood is not India
http://moinansari.wordpress.com
February 5, 2008 at 10:48 pm
[...] makes sense … r world – Last Updated – Sunday January 27 Request a Trackback Pakistan still the favourite investment destination… Moin Ansari’s piece is quite optimistic: The fundamentals of the Pakistani economy are [...]