Loud Thinking

Abu Dhabi pledges $50bn

(Hope Pakistani rulers are not sleeping over the opportunity of our friends investing in Pakistan before they exhaust all their funds elsewhere). We must inform the world that Pakistan is the ONLY country in the world where foreign investors can take back 100 % profit and capital whenever they wish so. Pakistan is also the only country in the world where there is Zero income tax on Independent Power Plants (IPP’s).

JAAGO RULERS JAAGO before its too late.

A news reported on 4 July, 2013 by the daily “The News”.

NEW DELHI: Abu Dhabi has promised to invest $50 billion in India’s cash-hungry infrastructure at a time when growth in Asia’s third-largest economy has sharply slowed, a newspaper reported Wednesday.
The pledge by Abu Dhabi was the key factor in pushing New Delhi to approve a bilateral deal to increase flights between the two countries, an Indian official told the Indian Express.
“A commitment to invest $50 billion in the infrastructure sector of the country by Abu Dhabi was a key reason for us to agree to the increase,” a senior government official, who declined to be named, said.
News of the investment comes just months after the International Monetary Fund criticised India for not improving its creaky infrastructure during the period it experienced growth rates close to double figures.
The IMF said in February that India would likely see slower growth than expected in 2012/13 at 5.4 percent and pay the price for failing to ensure investment in infrastructure kept pace with economic growth in the previous decade.
The plan to increase flights between the UAE and India is linked to a controversial proposal by the Abu Dhabi-based Etihad airline to purchase a 24 percent stake in India’s Jet Airways for 20.5 billion rupees ($342 million).
That deal, the largest foreign investment proposal in India’s aviation sector, faces regulatory hurdles, with many ministries raising objections over the bilateral increase in flights as well as over control of Jet after the sale.