1- Sell Roosevelt Hotel in New York that belongs to PIA, estimated price at 1.5 billion dollars.
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How was this estimate established at 1.5 billion dollars?
(The last offer was $244 million in 2007.)
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1- Sell Roosevelt Hotel in New York that belongs to PIA, estimated price at 1.5 billion dollars.
........................
Sorry.. i disagree!
The solution is to privatize all of Pakistan's service and production sector.
Close down provincial govt s. it will save lot of money.
How was this estimate established at 1.5 billion dollars?
(The last offer was $244 million in 2007.)
............. Now with 2012 just days away, the price is over 1.5 billion dollars.
"But as anyone who has ever flown PIA would attest, there can still be many ‘slips’ between the ‘cup and the lip’."
And yet, for all your pointless accusations, did you pull this estimate out of a body orifice, or is there a reference to the figure of 1.5 billion dollars? That is merely the asking price, and an unrealistic one at that.
From your own reference:
....................the hotel is over 1.5 billion dollars worth.
=Indrajith;2402066]We are not in different boats when it comes to corruption and we indian's are good to be bigger looters ( only competition from pakistan will be Mr.10%)
The Basic issue for Pakistan is that you need to get some good , intellectual, intelligent people who can review the economy,
yes privatisation is good but not in all sectors, Airline can be privatized but who will pay for the VIP flights,
but railway cannot be because their is some social commitment to the travel of poor people, students, ex-service, pensioners etc
Last thing is to throw away all the aids with strings and start to stand on your legs
the population should think about economy first (than any thing other than politics, usa, india, cia etc and all other theories
Please tell me how has this figure of "worth" been established?
PIAC can ask for $50 billion; the hotel is worth only what someone will agree to pay.
There is a difference between asking price and what the deal closes at.