Thomas Kramer signs $20 billion deal with Bahria Town

Discussion in 'Pakistan' started by Daredevil, Mar 12, 2013.

  1. Daredevil

    Daredevil On Vacation! Administrator

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    Another scam in Pakistan in the making. It has a very high potential to enter - Pakistani Lies & Denial Thread :D

    http://www.thenews.com.pk/Todays-News-13-21538-Thomas-Kramer-signs-$20-billion-deal-with-Bahria-Town
     
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  3. Daredevil

    Daredevil On Vacation! Administrator

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  4. Agnostic Muslim

    Agnostic Muslim Regular Member

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    Like I said elsewhere, this needs to be ignored until we see the blueprints and construction actually starts.
     
  5. Yusuf

    Yusuf GUARDIAN Administrator

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    Mr Kramer either loves Pakistan too much and Karachi in particular or doesn't like his money too much. 20 billion in total!

    No I cannot believe someone will invest in a "Dubai" style project in a country where bombs explode every day.
     
  6. Agnostic Muslim

    Agnostic Muslim Regular Member

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    'Bombs exploding every day' is a misleading generalization.

    There are wide swathes of the country (especially those inhabited by high income sections of society) that are quite stable and conducive to development.

    Malik Sahib just has to ensure that a few high level properties are provided to influential political parties such as the MQM, PPP, ANP etc. to ensure that they keep their ethnic and sectarian violence out of his real estate projects.

    In terms of foreign investment in such a large real estate project (and please correct me if I am wrong since I am no expert on real estate investments) return on investment should be easy enough to calculate given current demand for housing in the income groups the project will cater to.
     
  7. Bangalorean

    Bangalorean Stars and Ambassadors Stars and Ambassadors

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    gokussj9 likes this.
  8. Known_Unknown

    Known_Unknown Devil's Advocate Stars and Ambassadors

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    What hogwash! :lol:

    Did he forget he was actually talking about Pakistan here? :pound:

    Lastly, does anyone see how easy it would be to take the entire "city" hostage?!! A terrorist's wet dream! :D
     
  9. Agnostic Muslim

    Agnostic Muslim Regular Member

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    By doing what? Taking over the bridge?

    That would be an endeavor doomed to failure given that the terrorists would not be able to hold onto any open fixed position like a bridge for very long in the face of an assault by law enforcement.
     
  10. Known_Unknown

    Known_Unknown Devil's Advocate Stars and Ambassadors

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    Why would a terrorist want to take over a bridge? C'mon, you're a Pakistani, I'm sure you share the same force of intellect as your compatriots from the LeT, HuM or TTP. :rolleyes:
     
  11. Agnostic Muslim

    Agnostic Muslim Regular Member

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    So please explain how exactly this particular real estate development would be a 'terrorist's wet dream' compared to any other.
     
  12. Blackwater

    Blackwater Veteran Member Veteran Member

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    I think americans want to send Raymond Davis type operatives in pak in disguise of engineer and staff
     
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  13. Known_Unknown

    Known_Unknown Devil's Advocate Stars and Ambassadors

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    Since it will be realized in Terroristan, I don't feel like spoiling this wet dream..... :D

    I'm sure though that if the project progresses any further, your compatriots may already have started working on their plans. :p

    Hint: Bridges aren't meant to be held. ;)
     
    Last edited: Mar 13, 2013
  14. Agnostic Muslim

    Agnostic Muslim Regular Member

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    How much explosive power do you think would be needed to take down a massive six lane concrete and steel bridge?

    Hint: Try and think about it outside of 'wet dreams'...
     
  15. Known_Unknown

    Known_Unknown Devil's Advocate Stars and Ambassadors

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    All they need to do is blow a big enough hole in it to stop traffic and movement of military vehicles. They don't need to take down the whole bridge.

    Look at the devastation caused by the bombing of the ISI HQ or the Marriott Hotel.

    Sheesh, did you not watch the latest Batman movie? It's almost exactly the same scenario. Here's a steel and concrete bridge demolition for you:

     
    Last edited by a moderator: May 10, 2015
  16. Yusuf

    Yusuf GUARDIAN Administrator

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    Investments need conducive environment in general not just a pocket. Besides that, you will need hundreds of millionaires to lap up the housing project and shoppers with deep pockets to keep the biggest mall in the world going. Investment is all about sentiments. People don't invest in troubled areas. That's the general thought. If Mr Kramer is really intrested then all the best to him. But really he would find more value for money and better returns for $20billion outside Pakistan. I am just wondering what made him chose Pakistan.
     
  17. LordOfTheUnderworlds

    LordOfTheUnderworlds Regular Member

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    Now it sounds somewhat believable, at least theoretically. The figures might be inflated but keeping aside propaganda of creating jobs, reviving economy etc before elections; the basic idea seems to be developing a residential suburb on an island but still inside Karachi. We have builders developing gated residential townships. They are doing the same thing on larger scale. This Thomas Kramer guy need not invest all big money. He could be a convenient face for investment which could well come from Swiss banks accounts of Pakistani politicians. I mean if this Riaz Malik is like the SAHARA and if he can convince major political parties and generals to invest their black money in his project he can grab land at cheap price, forget about environmental regulations, and get all permissions quickly. As for commercial viability, for a country of 20 crore and city of 2 crore, getting 2 lac rich/upper middle class buyers (they said it will accommodate 10 lac people) should not be difficult considering it can give feeling of 'security' for a family inside an insecure city. Like the futuristic Hollywood movies where rich people live in separate self sufficient district, never coming in contact with common people.
    If I was a rich or upper middle class family man in a city like Karachi, with no hope of escaping to US or Europe, I would prefer to keep my family on such island suburb where they can enjoy 'modern' living and be safe while I go to work in the main city. I get a safe home and the investors get high returns on their money.
     
    Last edited: Mar 13, 2013
  18. farhan_9909

    farhan_9909 Tihar Jail Banned

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    whether the news is true or false.

    But indians.......................... :tsk:
     
  19. Bangalorean

    Bangalorean Stars and Ambassadors Stars and Ambassadors

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    Nothing made him choose Pakistan. This will find its way into the "Pakistani lies and denial thread" very very soon. :tsk:

    You can see that even hardcore Pakistanis like Farhaan doubt their own country's "positive news" now, going by his post above: "whether the news is true or false". :lol:
     
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