Thəorətic Muslim;4843024 said:
OK Dear Before You Get Another Bout of Fabian Socialism That Our So Called Kaiser Bengali Type Economists Feed Into Your Head Through The Media.Let Me Clarify Some Things First.
There Are Multiple Modes of Privatisation. Privatisation Does Not Just Mean That You Sell Off State Assets to The private Sector.That Is Called Divestiture.There Are Many Forms Of Privatisation.It Includes
1.Partial Privatisation(Selling Part of The Shares and Partial Management Control)
2.Privatisation with Golden Shares(The Government Keeps A Significant Portion of Shareholding in Privatised Strategic Organizations in Order toVeto Any Move That It Considers To Be Against The National Interest)
3.Management Contract(Like The One The Government Did With Gwadar Giving Management To China,Yes Gwadar Is Privatised)
In This The Government Retains Ownership But Gives Operational Control
4.Converting to Public Private Partnerships(Name Needs No Explanation).
5.TOT(Transfer Operate Transfer) and ROT(Rehabilitate Operate Transfer Contracts)
So Not All Entities Need To Be Privatised In The Same Way.So Don't Be Fooled By These So Called Economists.
Let Me Gibe You The Example of India.Uptill The 1990s Pakistan's Airports Were Far More Advanced Than The Soviet Built Indian Ones.But Then They Reformed The Setup.Separated The Civil Aviation Sector To Two Bodies DGCA(Now Called CAA) AND AAI(Airport Authority of India)Through This Mechanism They Privatised Their Airports By Converting Them To PPPs and Now Look At Them
India Has Three Of The Top 5 Airports in The World
https://www.google.com.pk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CCsQFjAA&url=http%3A%2F%2Fwww.ndtv.com%2Farticle%2Findia%2Findia-has-three-of-world-s-five-best-airports-report-341616&ei=AmZaUsr6IcyV0QXB2YBw&usg=AFQjCNEsqX76WplUz1p5OaAZbPGPPf_Bpg&bvm=bv.53899372,d.Yms
This Is Just One Of Many Examples Of Global Best Practices Of Opening Up Infrastructure To Private Investment.Just Remember Dear That A Civil Service Officer Can Never Be As Dynamic ans A Private Entrepreneur.
Privatisation of Vital Infrastructure May Be The Best Thing That Ever Happened To Pakistan.This Will Open Up This Sector To massive Private Investment.Opening Up The Ports Sector Will Bring Massive FDI Considering The Ultra Strategic Location Of The Country
Oh God Not You Again,Anyway I Have Never Denied It But When You Run Down My Country Don't Expect Me To Show Any Respect To Your Fancy Chrome and Glass Airports.If A Reasonable Indian Talked With Me May Be I Would Have respected His Claim But The Arrogance You Had Shown Was Uncalled For.I Realised That I Was Wasted A Good Two Days Just Answering Your Troll Attacks.That Is Why I Just Left The Thread.
FYI
1.I Was Quoting Indian Airports As An Example of The Benefits Of Enhanced Private Sector Participation Because It Was The Easiest I Could Come Up With.Otherwise There Are Numerous Examples and Cases of Best Practices From All Over The World I Could Come Up With.
2.You Should Put These Claim Before Your Countrymen Who Visited Our Country and Had A Pleasant Experience At Our Airports
3.These Airports Are The Result of Reforms Of Opening Up The Sector To FDI and Private Investment on PPP Model and Are In No Way India Specific.In Fact Turkey Is Planning To Build The Largest Airport In The World on BOT Model.I Do Not Know When India Started The reforms Of Opening Up The Infrastructure For Private Sector Investment.But You Should Google Medium Term Development Framework 2005-2010.We Had Also Planned Infrastructure Development Along The Same Lines Yes Ports Airports Railways Mass Transit Everything.All The Legal Spadework Was Done In This Regard.An SPV Known As Infrastructure Project Development Facility Was Set Up
https://www.google.com.pk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CCoQFjAA&url=http%3A%2F%2Fwww.ipdf.gov.pk%2F&ei=p4laUvWbBsfXsgbk74D4Bw&usg=AFQjCNGwIEx9U2KH2BYc-XifM2jT1ZnrCg&bvm=bv.53899372,d.Yms
Projects Like LMRT, 9 World Class Universities,Five Monorails,Karachi Mass Transit, Waterfront, Bundal Islands Had Started
and Then Tragedy Struck.Our Corrupt Media and Judiciary Played On Our Emotions And Took Advantage Of The Incumbency Factor of Musharraf and Shaukat Aziz.In 2007 Both Were Kicked Out Of Power and Thus Pakistan Were Again Made Fools By The
AL-FAEDA NETWORK
So Yes You Got Lucky.You Had A Continuity of Policies While With The Departure Of Professionals Like Dr Salman Shah and Shaukat Aziz We Went From Becoming A Future Asian Tiger To A Complete Mess.
In Post #32 i wasn't praising The Airports As Much As The Policies That Made Them The Best.My Intentions In That Post Was Not To Praise Or Belittle any Airport But To Explain How The Policies of Privatisation Liberlisation and Deregulation Help Exponentially Improve Infrastructure
Shaukat Aziz Was Successful In Creating A Business Friendly Environment.This Is Why People Wanted To Do Business.We Have Already Had An Excellent Experience With Deregulating Telecoms.Under The MTDF We Were Going To Extend This Policy and Development Our Infrastructure Under PPP mode.What Happened Was.In Karachi The Metro Project Was In Final Stages Of Planning with Help Of Swiss Company It Was Called Karachi Magno-Metro.Similarly Dubai Was Planning Massive Investments In Karachi Which Would Have Made It 'Dubai 2.0'.Both The Waterfront and Diamond Bar Island Were Examples Of This.
What Happened You Ask????? Democracy That Is What Happened
BTW I Did Not Say Anywhere That Pakistani Airports Were Far Ahead Of Indian Ones.I Merely Quoted Your Countrymen and Provided Links Pointing Out To Flaws In Your Airports with Relevant Links.However If This Was The 1980s and Soviet Built Indian Airports Were Compared With The Then Newly Renovated And Rehabilitated Jinnah International,I Might Have Said This
I will be more worried if they work under Government instead of their Privatization ..
They have already lost their reputation especially PIA so it seems to be a good move ..
Thəorətic Muslim;4843024 said:
Oh God Not You Again,Anyway I Have Never Denied It But When You Run Down My Country Don't Expect Me To Show Any Respect To Your Fancy Chrome and Glass Airports.If A Reasonable Indian Talked With Me May Be I Would Have respected His Claim But The Arrogance You Had Shown Was Uncalled For.I Realised That I Was Wasted A Good Two Days Just Answering Your Troll Attacks.That Is Why I Just Left The Thread.
FYI
1.I Was Quoting Indian Airports As An Example of The Benefits Of Enhanced Private Sector Participation Because It Was The Easiest I Could Come Up With.Otherwise There Are Numerous Examples and Cases of Best Practices From All Over The World I Could Come Up With.
2.You Should Put These Claim Before Your Countrymen Who Visited Our Country and Had A Pleasant Experience At Our Airports
3.These Airports Are The Result of Reforms Of Opening Up The Sector To FDI and Private Investment on PPP Model and Are In No Way India Specific.In Fact Turkey Is Planning To Build The Largest Airport In The World on BOT Model.I Do Not Know When India Started The reforms Of Opening Up The Infrastructure For Private Sector Investment.But You Should Google Medium Term Development Framework 2005-2010.We Had Also Planned Infrastructure Development Along The Same Lines Yes Ports Airports Railways Mass Transit Everything.All The Legal Spadework Was Done In This Regard.An SPV Known As Infrastructure Project Development Facility Was Set Up
https://www.google.com.pk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CCoQFjAA&url=http%3A%2F%2Fwww.ipdf.gov.pk%2F&ei=p4laUvWbBsfXsgbk74D4Bw&usg=AFQjCNGwIEx9U2KH2BYc-XifM2jT1ZnrCg&bvm=bv.53899372,d.Yms
Projects Like LMRT, 9 World Class Universities,Five Monorails,Karachi Mass Transit, Waterfront, Bundal Islands Had Started
and Then Tragedy Struck.Our Corrupt Media and Judiciary Played On Our Emotions And Took Advantage Of The Incumbency Factor of Musharraf and Shaukat Aziz.In 2007 Both Were Kicked Out Of Power and Thus Pakistan Were Again Made Fools By The
AL-FAEDA NETWORK
So Yes You Got Lucky.You Had A Continuity of Policies While With The Departure Of Professionals Like Dr Salman Shah and Shaukat Aziz We Went From Becoming A Future Asian Tiger To A Complete Mess.
In Post #32 i wasn't praising The Airports As Much As The Policies That Made Them The Best.My Intentions In That Post Was Not To Praise Or Belittle any Airport But To Explain How The Policies of Privatisation Liberlisation and Deregulation Help Exponentially Improve Infrastructure
