Loot sale : Entire Karachi Port leased to Abu Dhabi for 50 years for $50 million dollars. Chief economist general asim munir

[Cash GK]

https://twitter.com/x/status/1671824970874343424

 

[maverick1977]

Not possible, this does not make sense at all. looks fake.. should be $5B for 50 years

 

[Hero786]

https://twitter.com/x/status/1671824970874343424

no.

50 million $ advanced,
23 to 24 million dollars i think every year.

5% increase after 3 years.

UAE company will pay $18 per cross berth royalty fee and $3.21 per square meter fee

port terminals were profitable, so no need to lease.

there is also thread create by me before.

but that tweet is misleading.

 

[Thəorətic Muslim]

Not possible, this does not make sense at all. looks fake.. should be $5B for 50 years

Beggars cant be choosers.

 

[Hero786]

Beggars cant be choosers.

yes, but i think it will be nearly 1 to 2 billion $ for 50 years maximum.

seems not good deal.

 

[Cash GK]

yes, but i think it will be nearly 1 to 2 billion $ for 50 years maximum.

seems not good deal.

You gave away your security for cheep

 

[Thəorətic Muslim]

yes, but i think it will be nearly 1 to 2 billion $ for 50 years maximum.

seems not good deal.

Honestly, who cares what you, an ordinary Pakistani, thinks?

 

[indushek]

Thank god its UAE, hmm this can be good over all.

 

[Raj-Hindustani]

https://twitter.com/x/status/1671824970874343424

The next strong contender for a similar portion is China,

 

[CallSignMaverick]

People don't realise how big this news is if it is true, selling your biggest strategic asset for cheap.

 

[pikkuboss]

Thank god its UAE, hmm this can be good over all.

Pakistani's deam of becoming a trans-shipment hub replacing Abu Dhabi port is gone. UAE bought this exactly for this reason, to end competition.

 

[PakAlp]

Why can't Pakistan or Pakistanis operate it and make money, we have 250M population. Uae will bring trouble, look in Sudan and other states, these states start to fund their proxies and when you get out of line they will bite you hard.

Pakistani's deam of becoming a trans-shipment hub replacing Abu Dhabi port is gone. UAE bought this exactly for this reason, to end competition.

Good point, the whole nation is in sale, wonder how much kickbacks were given to the rulers.

 

[indushek]

Pakistani's deam of becoming a trans-shipment hub replacing Abu Dhabi port is gone. UAE bought this exactly for this reason, to end competition.

That maybe but, thank your stars that its not China.
Who knows in future, some Indian firm might even get a foot hold there through UAE route (ok this is light hearted boys, please don't get on me now haha).

 

[Fasbre2]

Question is… who will from the crooks will pocket the money…

 

[PakAlp]

Karachi port will get 23M per annum. Its not the whole port but certain section.

UAE offers to acquire Karachi Port terminals | The Express Tribune

According to the offer, the UAE company will pay $18 per cross berth royalty fee and $3.21 per square meter fee

tribune.com.pk