Musharraf invites foreign invsetors

Asim Rana

RAWALPINDI: President Pervez Musharraf said Saturday that Pakistan had become one of the attractive destinations for investment due to its liberal and investment-friendly policies.

The president made these remarks while talking to Dr Detley Rose, Chairman Polysius AG Germany, who called on him here at the Army House Rawalpindi.

He said that the economic reforms were creating an enabling environment for the private sector to become an engine of growth.

Musharraf said that there were tremendous opportunities that would benefit not only Pakistan but also the investors because of its strategic location, as it lies between Central Asia and South Asia, and between western China-Afghanistan and India.

Pakistan Post



Pakistan becomes one of attractive destinations for investment: President

RAWALPINDI, June 14 (APP): President Pervez Musharraf said Saturday economic reforms of the country are creating an enabling environment for the private sector to become an engine of growth. He said that Pakistan has become one of the attractive destinations for investment due to its liberal and investment-friendly policies.

The President made these remarks while talking to Dr. Detley Rose, Chairman Polysius A.G. Germany who called on him here today.

While talking about the attractions Pakistan offers to investors the President said that there are tremendous opportunities that would benefit not only Pakistan but also the investors because of the location of the country between Central Asia-South Asia, Western China-Afghanistan and India.

President Musharraf emphasized that Pakistan is looking for the trade and investment which would result in job creation, poverty alleviation and better education of the masses.

The Chairman Polysius A.G. Germany said that “we are investing in Pakistan because of the economic buildup in the country which we have witnessed in the last seven years. We continue to look for venture partners and long term partnership for investment in Pakistan.”

Pakistan has many major advantages some of which are its important geo-strategic location, good lucrative market of 160 million people and the huge incentives the county offers for investment in the sectors like energy, cement, telecommunication, mining and construction, he added.

http://www.app.com.pk/en_/index.php?option...28&Itemid=2


Yes, thats the difference between your so called Failures, i.e. "Siyasatdan" + "Judicial Nautanki" and The President Pervez Musharaf

Yeah you are so right he is the only one who cares about our country; I was there when he let the people destroyed billion rupees worth of property and destroyed overseas investor’s confidence after BB’s death. Ranger were sitting on their fat a_ _ . He was in charge of the army and ranger.
I hate Pakistani politician but at the same time I know our Army too. Go and look at all the prime location in all the big cities and they owns it and they are the biggest land grab mafia.
Look at the crimes rates, according to newspapers 20,000 mobile were snatched in 4 months in Karachi. Just invitation is not enough, create an environment.
Well you know the situation very well even we can travel in certain parts of Sindh, Balochistan or NWFP and you are expecting people to invest their money.
Its just a joke!

1 - I am not going into a long dissussion over ... "while PPP goons raped the country" but would conclude on "PPP goons raped the country"

2 - You know so little about Defence Housing Schemes. The land was allotted in the 60s, 70s well outside any major city. However, Army/ Airforce & Navy have always managed their resources well. They reward their officers & men who travel from village to village for 30~40 years of their lives, 2 years max in 1 posting. Without a House, Without a Furniture. Than Army/AF/Navy make them pay a "FEE" for what should be their house. Fortunately their ability to handle their affairs well somehow strikes the wounds of everyone who isn't a part of them. There is no stealing of national resources or plundering the wealth of Pakistani tax payer. Many are just outright envious of what these institutions have achived.

We had other great institutions as well, like Karachi Ship Building, but Politicians like Nawaz, Zulfiqar Ali Bhutto Destroyed them and now back with a vengence for more.

Mate 85% of my family is related to Armed forces. Its not the same force it used to be. Give you an idea and its true. My uncle who retired from the Army and he is known as honest man. He retired as Major Genaral and he got propety worth over 50 crore.
Another cousin own a 6 bedroom banglow in Islamabad, another posted with ISI in Balochistan and own chain of restaurant and bangalows.....list can go on and on....

Isolated Personal expiriences are hardly anything to discredit an entire institute.

May be your family is corrupt ... but most ex-servicemen i know struggle to make ends meet even today.

However, many did get that 1 house in some DHA scheme, for which they paid monthly installments for 25~30 years of their service.

Mate my dad was in the Navy and I know exactly what I'm talking about....

May be your family is corrupt ... Probably you are too ignorant to open your eyes and look around.

:)

May be we should take this disscussion to a seperate thread.

Go ahead!!!!!!!!!!!!!!

Musharraf did make quite a nice atmosphere. Investment in the country was at record levels. That was until PPP idiots ruined it with their destructive riots and PML-N people while holding the nation hostage to a fake crisis.

Great investment, plenty of suiside attack and heaps of missing people....

Suicide attacks by whome? Musharraf? Use your brain a little more and actually see why these people are committing such crimes. Blame the person who commits the crime not the victims.

I thought I was dealing with 1 idiot but there are plenty around...
Use your brain if u got any.....what do u expect them to do when you use your own soldiers to kill them.
Who is the Victim lol Mr Musharraf?
Only because of Musharraf, all the case against Zardari were dropped and another terrorist Altaf is barking everyday.

A little thick aren't you. So I'm guessing you support people who force their own medieval ideology down the throats of others, while flouting pakistani law, destroying property and killing innocents oh and ofcourse making Islam look like a crazy cult.

But nooooooo its horrible that we're cracking down on idiots like these. Its Musharraf thats bad.

Two words: Grow up.

Probably not as thick and dumb as you, I didn't know I was dealing with a joker.

For you information I don't support their ideology but same time they are illiterate and so is ur master Musharaf.
Get a life you loser!

its the job of soldiers to kill terrorists, they are not there just against indian army. Perhaps you are the idiot.

If there terrorists didnt exist in Pakistan, there would be no suicide attack and no dead Bhutto either. Assign blame where it belongs.

Lol, Dar gay I saw your post on another forum where your ass was whipped by another guy from Uk. You tried to brag about how many gun you have and can't even differentiate b/w anti material and normal sniping rifle.

Read your own post, it doesn't even make sense. Its okay for them to commit terror acts if they're illiterate? You haven't justified any of your crap. Seriously how old are you?

I never said its ok to commit those act all i said why they have started this... can you read English.
And for you info I'm older than you....

Then start acting older.

What the authorities have done in no way justifies the suicide bombings. What pray tell has Musharraf done "first" that warrants suicide attacks?

Quote What pray tell has Musharraf done "first" that warrants suicide attacks?????? What sort of English is that lol.
Go back to school kid. Told you earlier go and get a life... You have no frekin clue what you are talking about.

LLLOOOOOLLLL!!! Whats wrong with that sentence? Its obvious you cant answer so you're resorting to diversion. So dishonest Punch. Just admit it, you have no argument. You can go hide in shame now, and dont cry, I hate it when old men cry.

Awsome .... now we know the quality of your Perspective on issues. Anyone who dosen't agree with you is an "Idiot" and a "Joker".

I know I am not going to be popular for stating this, but, the slanders, childish conversation, ill advised accusations and convoluted justification of terrorist activities aside, I know what Punch is talking about.

I thank Allah, that it is true.

Before I get crucified by Punch and others, let me explain why it is true.

The Armed Forces have extremely lucrative retirement packages and this has absolutely nothing to do with whether the officer/soldier in question is sincere, loyal or corrupt.

If you join any organisation and make contributions towards health, insurance and pensions, at the end of your tenure or service with that organisation the contributions allow you the safety net of an investment or liquid asset upon leaving. The military is the same.
Any person who has actually spent some time in the Pakistan Armed Forces is aware of the fact that they have to make contributions towards these aspects throughout their service. Military bases, educational intuitions and vocational training establishments are all run on sums that are either apportioned from the military development budget or by direct contributions from military personnel. Pakistan is one of the few large militaries that do not allow corporate contributions to such budgets unless the corporation in question is military owned, backed or financed. The commercial arm of the military has done extremely well in terms of profitability, vocational and administrative training as well as absorbing retired military personnel in civilian jobs. By far this has been the greatest achievement of the armed forces of Pakistan which is something that is not given enough attention.

There have been factors that have assisted in this as well as those that have restricted the development, but, in comparison, they have progressed on a firm footing.

Almost all developed countries worth their salt, this includes many that may be considered weak economies, have a civilian corporate benefits sector which is far more elaborate and extensive (per capita employee) then the military sector. (the exception is the United States). The trouble in Pakistan is that this culture is almost absent within Pakistan’s civilian corporations. One of the major troubles is that the civilian sector, after Zulfiqar Bhutto, was firmly embroiled in the political wrangling. Using Nationalisation to decimate the industrial growth achieved during the 1960s the civilian government of Pakistan managed to “destroy” corporate culture in Pakistan and in effect spelt the end of commercial corporations that were devoid of or had negligible political influence.
Political favour and political intrigue became the main source of corporate success which in turn threw Pakistan back at least two decades in commercial development. Companies like Adamjee and Habib which had extensive retirement and scholarship programs became victim to the political whims of current democratic office bearers. Zia’s decade long rule of under achievement and lack of direction only stifled such projects. The Pakistani private corporation based post-graduate scholarships in the decade of the 1960s in UK, French, German and US universities were close to 14,000 (annual average). The figure today stands at a paltry 3,000 after extensive work by Dr. Atta ur Rehman to encourage the private sector to sponsor spouses and children of existing employees.
Retirement packages in the commercial sector for mid level management have now almost vanished with the exception of a Service Insurance package which, surprise surprise, is a remnant of the 1963 statute and had not been updated till 2001.
Pakistan’s military is arguably the only institution in the country that has a corporate arm which has developed its socio-economic services for its employees and their families at a rate close to half of that in the developed economies.

However, this is actually an extremely “good” thing and proves that the armed forces’ employee and personnel services are run in a manner that they ought to. If anything, I would argue that the retirement packages for the armed forces are remarkably “below” what they ought to be for an organisation that has managed to progress commercially at a rate that outstrips the communal growth of almost all other sectors.

How dare you speak sense ... now Almighty and all knowing "punch" will have you labeled "idiot" and "joker"