Pakistan - News and Discussion 6

[Naresh]

<b>PAKISTAN'S INVESTMENT SAGA</b>

<b>1. Black Cab deal smells of scam</b> <!--emo&:clapping--><img src='style_emoticons/<#EMO_DIR#>/clap.gif' border='0' style='vertical-align:middle' alt='clap.gif' /><!--endemo-->

<b>2. Black cabs: Responding to a question about the reported violation of rules in import of black cabs from the United Kingdom, Mr Ghumman said: "We are importing duty-free 300 black cabs for testing purposes. The government had to give this facility in order to invite $1 billion investment from Prime Transport Limited to assemble, manufacture and operate London taxis in Pakistan under joint venture partnership with LTI of UK and ST Electronics of Singapore."</b> <!--emo&tupid--><img src='style_emoticons/<#EMO_DIR#>/pakee.gif' border='0' style='vertical-align:middle' alt='pakee.gif' /><!--endemo-->

<b>3. The government allowed duty-free import of 300 black-cabs (CBUs), while the Prime Transport Limited, a company owned by a US based Pakistani Daud Khan would invest $1 billion for setting up an assembly plant of LTI at Gharo in Sindh province.</b> <!--emo&:liar liar--><img src='style_emoticons/<#EMO_DIR#>/liar.gif' border='0' style='vertical-align:middle' alt='liar.gif' /><!--endemo-->

<b><span style='font-size:14pt;line-height:100%'>FINALLY : PAKISTAN LOSES USD ONE BILLION OF INVESTMENTS</span></b> <!--emo&:flush--><img src='style_emoticons/<#EMO_DIR#>/Flush.gif' border='0' style='vertical-align:middle' alt='Flush.gif' /><!--endemo-->

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->