A suggestion to PTI's Government to gain foreign reserves

[majidpeco]

PTI government could make hundreds of billions of dollars to sell the state-owned real state to overseas Pakistanis who are willing to bring their money to Pakistan through legal means. Govt should guarantee their investment in return.
Commercial and residential land should be sold to overseas Pakistanis.
THE SALE SHOULD BE DONE THROUGH OPEN PUBLIC AUCTIONS IN ALL THE MAJOR CITIES!

1. To begin with, land in major cities could be available to sell in, Lahore, Multan, Gujranwala, Sialkot, Faisalabad, Rawalpindi, Islamabad, Karachi, Hyderabad, Peshawar, Muzaffarabad, eta.
2. Auction winner should bond start and complete their projects in 18 to 24 months.
3. The government should encourage small inverters like $200K

 

[lala123]

Very bad idea. This is tantamount to selling country. Which is worse than what Nawaz and Dar did by mortgaging country against dollars.

 

[majidpeco]

Very bad idea. This is tantamount to selling country. Which is worse than what Nawaz and Dar did by mortgaging country against dollars.

No country made any progress without foreign investment in the modern world.
Aur agar Foreigne Investment pakistanis ki hoon tu kiya he baat hai

 

[lala123]

You seemed to be confused your initial post is proposing sale of state lands and now you are saying foreign investment.

 

[MainBaghiHon]

No country made any progress without foreign investment in the modern world.
Aur agar Foreigne Investment pakistanis ki hoon tu kiya he baat hai

They can invest in Bonds. Why in real estate.

 

[disgusted]

Why only real estate? Pakistanis anywhere should be welcomed. Special Economic Zone should give first priority to overseas Pakistanis and the steel mill and PIA should be offered on Pakistanis first basis. At least every Pakistan will not be like the Haramzadas of Pakistani politics.

 

[islamabadi]

Property se aagey bhi kuch soch lia karo. Investing in a piece of land is not "investment". Land is for living especially when millions of people are renting not owning. Investment can be made in setting up businesses....investing in companies via portfolio investment. This is job of BOI Board of investment to come up with joint ventures....feasability studies and actionable investment plans in manufacturing tourism agriculture etc....lekin dont expect this govenrment to move their ***...they are a bunch of morons....they have put bureaucrats as heads of all semi gov state enterprises...bunch of zeros

 

[majidpeco]

They can invest in Bonds. Why is real estate.

Bonds are a good idea but in real estate Govt will be able to collect real estate taxes too. This way Govt can generate revenue and annual tax generations.
Also when bond them to finish constructions in 18 to 24 months will generate lots of jobs and economic activities

 

[majidpeco]

Why only real estate? Pakistanis anywhere should be welcomed. Special Economic Zone should give first priority to overseas Pakistanis and the steel mill and PIA should be offered on Pakistanis first basis. At least every Pakistan will not be like the Haramzadas of Pakistani politics.

steel mill and PIA are sick units and need bigger investments. I am talking about a micro level like $200K is a small investment and have a huge impact

 

[majidpeco]

You seemed to be confused your initial post is proposing sale of state lands and now you are saying foreign investment.

Lala g please read the post, I was talking oversees Pakistanis who wish to send their money through legal means.

 

[majidpeco]

Property se aagey bhi kuch soch lia karo. Investing in a piece of land is not "investment". Land is for living especially when millions of people are renting not owning. Investment can be made in setting up businesses....investing in companies via portfolio investment. This is job of BOI Board of investment to come up with joint ventures....feasability studies and actionable investment plans in manufacturing tourism agriculture etc....lekin dont expect this govenrment to move their ***...they are a bunch of morons....they have put bureaucrats as heads of all semi gov state enterprises...bunch of zeros

Agree with you but almost 40 industries will starts booming with constructions activities alone, it has the huge impact we have seen it in 2008 when Obama becomes president he did nothing but gives $850 billion dollars to the banks to back up the housing market that did the magic and economy gets one right path in few years

 

[lala123]

Does not look like PTI has a clue what needs to be done. Just surrendering to IMF....possibly the worst thing to do.

Now their agents are going around trying to sell state lands so that the remaining wealth of country can be sucked out.