Dear Pals,

As many of you keenly interested in economic development of Pakistan must be recording the huge investment in Pakistan by this increased inflow of oil dollars to Arab World. This thread has been created to highlight and record the investment by ARABS in Pakistani economy.

* WARID investment of 291 million dollars for GSM license, and further investment of more then 500 million dollars in network. WATEEN investment in LDI and transmission and more recently signed project of WiMax.

*Al Tamimi group invests in five star hotel at Islamabad, plot was sold for 6 billion rupee, the hotel to cost around 350 million US dollars.

*Al-Tuwariqi group of Saudi Arabia invests 130 million dollars for a one million tonnes steel billet plant at Karachi

* EMAAR announces billion of dollars investment in different cities of Pakistan

* Dubai World Ports announces mega investment in Pakistan

* NAKHEEL and LIMITLESS announces big project in Pakistan

* Coastal group of Dubai and Mercedes planning to setup 5.85 billion dollars plant at Sheikhupura

* Dubai Islamic Bank opens branches in Pakistan

* Abraaj Capital announces 300 million dollars venture fund to invest in Pakistan

* ZTECH group of Kuwait to invest 1.2 billion dollars oil refinery near Karachi

* Kuwait to invest in oil refinery in Pakistan

* IFFCO of UAE enters Pakistani market

* Qatar to invest 2 billion dollars in Pakistan through a wholly Qatari company

* Abdur Rehman Bakhatir of Sharjah to invest 2 billion dollars at Lahore for a sports city

* Saudi group to build 5-Star hotel at GOR Lahore

* UAE based companies to build twin 65 storey building at Karachi in collaboration with NLC

* WARID/ALFALAH group to build 300 million dollars complex at Ferozepur Road Lahore

Little industrial and manufacturing investments however. For us to become an economic powerhouse we need the development of an industrial and educational base.

MAXIMUM OF ALL COMPANIES ARE LUXURIUS COMPANIES MEANS CONSTRUCTION AND TELEPHONE AND CARS THOUGH IT IS GOOD BUT AS MY BRO ARMS FOR PEACE RIGHTLY MENTIONED THAT NO INVESTMENT IN MANUFACTURING AND ALSO NOT IN AGRICULTURE. BUT MONEY IS COMING TO PAK WILL CREAT THOUSANDS OF JOBS. AND GOOD FOR ECONOMY.
REGARDS
PAKISTAN ZINDABAD

Very Interesting stats.... please do keep going .....

if there is investment in manufacturing that will be a good fruitfull in long Run

exactly my thoughts - however - something is better than nothing.

Thank you ABBASIA for summarizing the Arab investments. They look more substantial this way!

Inshallah, these investments will make a difference in our economy. I agree that manufacturing isnt getting the real attention, however, these investments will require a greater industrial output e.g. Cement, Steel, Ceramics, etc etc.....So there will be indirect benifits.

Actually, Arab investors need partners who can work hard! If there are groups out there who are willing to co-invest with them and give a good project proposal and do the 'physical' work, I am sure some Princes can be coaxed to invest in medium scale manufacturing investments.

Yes investment is needed, but we need to diversify. And increasing the available skill sets in our available pool is going to be crucial. So a pronounced increase in educational insititutions that whose size and strength represents the countries growing population is a must. The quality of education that is being offered to the new generation also must improve dramatically to get the nation at par with standards of industrial nations. The access to which has to reach the poor masses more so than those who have the means to buy education for their kids. We have to offer more for these investments to continue finding strong and feasable reasons to come to the nation. Arms of Pease , where are you from?