^^ Pigs might fly :laugh:

nothing wrong with being optimistic, but yeah waiting for this building to start construction is like watching your hair grow maybe even slower than that.

nothing wrong with being optimistic, but yeah waiting for this building to start construction is like watching your hair grow maybe even slower than that.

Heres a good one! "Watching paint dry!" :laugh:

...an even better one...oogiee woogie getting it on with a latina...:ohno:

:rofl:


.
.
.
:doh:

...an even better one...oogiee woogie getting it on with a latina...:ohno:


>(




*pokes miniature PakFan doll with needles*

...an even better one...oogiee woogie getting it on with a latina...:ohno:

:rofl: :rofl: :rofl:

Well I m surprised why the Sindh Envirmental Protection Agency and Pakistan Fisherman Folk Forum are not reacting to this great project because they have the habbit of stupid opposition of every good project in the city

On second thoughts they probably think that this project will never see the light of day. So they don't want to waste their time.

any update of this project?

//On second thoughts they probably think that this project will never see the light of day. So they don't want to waste their time.//



now that's practical, forward thinking! :P

Guys, it looks like this project is dead. Post on another forum:

Gentlemen,

I'm sorry to say that there isn't going to be such a project taking place. I was directly involved in this project so I know of the details FIRST HAND.

The company to whom this project was given was called ePlanet Pakistan run by Navaid Yusuf. Their office was on the 1st floor of Park Towers in Clifton until roughly two years ago when they were closed down because they couldn't pay the bills.

Strange story behind this project.....they had come to terms with a company without verifying if they had the financial wherewithal to pull this off. They were fooled by Asad Jamal's ePlanet based in California which is actually a huge company whose subsidiary ePlanet Pakistan made a mockery of both its own name, and our system. ePlanet basically got the deal through some government hook ups and then turned around to people with money and said, "hey, we have this project and will manage it. If you invest, you get 50% of the profit and we take 50%". This formula works if the figures are more realistic, the company has a background and credibility in the field, and the project involved is realistic in the local environment. This project/company was lacking in all of these factors...it did not have any credibility in this field or background...the CEO was a former junior economist at a Bank in the Gulf and didn't know cement from steel or DHA from MBA. They were greedy and were demanding too much money because they were too confident of their powerful connections and the sweetness of their deal. The project being proposed bafflingly unrealistic:

A company with no back ground of relevant leadership was going to reclaim hundreds of acres of sea front land in Karachi against all political odds, and on top of that build a tower larger than had ever been built in Pakistan with technology, labor, machinery, materials and everything being imported from abroad since such a tall tower requires special concrete, steel, glass, and other materials. They expected people to hand them over US$ 200 million and let them just do their thing for 10 years and occasionally send them their profits in the mail. Its just absolutely ridiculous.

This company was also given 10 acres in DHA Karachi for which it was supposed to make payments on a very VERY concessional deal. They failed to make those payments and the plot was taken away from them. They then filed a case against the DHA and the legal process took over from there where it likely remains.

Coming back to this 1,947' tower. It will never be built...period! The company that was supposed to do it turned out to be a fraud and today it is no longer feasible with the prices of materials, oil and other critical factors that made this project profitable. Let us leave aside the issue of reclaiming sea-front land in Clifton where as we all know there are plenty of government and private entities that will take them to court to stop this project....even if by some miracle it did actually take off with a new financier.

Mega projects like this only take place in countries where one can reasonably be expected to take a 5-10 year view without being ridiculed by one's investors as being naive. This project is grossly naive and ambitious and ignores the realities of Pakistan.

What is most striking is that even after all of this fraud and destruction of confidence and goodwill in Pakistan, Mr Musharraf has allowed his son, Bilal Musharraf to go and work for this company as their Deputy Managing Director. Not only that, but government connections and our ambassador was used to arrange meetings with people like Prince Waleed so that this company can pitch yet more brilliant projects for Pakistan and elsewhere. I just don't understand why our President couldn't stay away from this company.

And again:

You could say it doesn't get more "insiderer" than this. I've given you very detailed insider information...I dont know what else I could tell you.

There is talk that Aref Habib will be taking over this...and that he will be teaming with a large local builder. However, considering that Aref Habib is still reeling from the Pakistan Steel deal, I doubt he'll want to go for a beach reclamation project and take on all kinds of political forces that usually arise when you're talking about privatizing our shoreline.

And the third post by the same person:

I'm not suggesting any financial wrong doing by the President. I am saying that it is a horrible decision to associate with ePlanet which is defrauded people in Pakistan both in the public as well as private sector. Association with them is bad enough, allowing the President's son to become their Deputy Managing Director is even worse. And what is EVEN WORSE is that GoP connections were used to take ePlanet to Prince Waleed, among others I'm sure. And what is EVEN WORSE is that ePlanet will probably not bring a dollar of anything into Pakistan, except as another fraud deal. Its just bad to be around such people. Check Dawn's public notices regarding ePlanet if you don't believe me. DHA Karachi placed several public notices against ePlanet two years ago. Their chairman, Asad Jamal, could have paid the US$ 2 million dollar installment to DHA for the land he bought from them in a sweet heart deal from one of his credit cards but refused to do so and defrauded everyone involved instead.

http://www.defence.pk/forums/economy-development/4004-worlds-tallest-building-built-karachi-island-musharraf-4.html

well the project wasn't really alive but as the title suggests just a vision. Even if eplanet was associated with this, doesn't make it any more feasible. A vision means you have the idea in mind and are looking for when and how it can be realized. Of course, it means you are looking for financers and firms to back the idea....so it doesn't matter if some firm showed interest in it and later decided to pull out or found it not feasible. It was a vision then, its a vision now and it remained a vision throughout its history.

To be credible, the poster( any poster for that matter) needs to convince us that he is really an insider and is telling the truth or provide references to his claims. The first might not be that simple but the second one should be.

Finally, we need to get over the fact that if you couldn't do business with someone...they become your enemy. If some fraud has occurred, let the courts decide it.

What is most striking is that even after all of this fraud and destruction of confidence and goodwill in Pakistan, Mr Musharraf has allowed his son, Bilal Musharraf to go and work for this company as their Deputy Managing Director.

I am afraid but statements such as these really piss me off and cast a doubt on the poster. Apart from the fact that he hasn't stated anywhere that the company in question has been convicted of any fraud by a Pakistani court, Mr Musharraf or Bilal Musharraf do not represent govt. of Pakistan. Besides, the writer should also realize that Bilal Musharraf is not a 6 yr old kid whose decisions are made by his father.

How sure is the writer that the company/dept he works for has never committed any wrong doing?

no problem!! we'll build a better tower.. we don't need anything like the 1947 tower......

some guys confuse in Port Tower Complex & Karachi Port Tower

Port Tower Complex 593 m 1947 ft


http://i537.photobucket.com/albums/ff332/AJ-in/PortTower.jpg

http://i537.photobucket.com/albums/ff332/AJ-in/KarachiPortTower.jpg

I think you are confused yaar.

The second one is the Port Tower Complex & the first one is Karachi Port Tower

Now u both have made me confused what is what?

:cry:


my head hurts!

Twin Towers
http://www.kpt.gov.pk/Images2/PND_PRJ_37.jpg

KPT Office and Commercial Towers
http://www.kpt.gov.pk/Images2/PND_PRJ_36.jpg

Port Tower Complex
http://www.kpt.gov.pk/Images2/Port-Tower.jpg

And the one along Mai koulachi road is Karachi Port tower?
KPT loves announcing new towers its about bloody time they start building one!

The Mai Kolachi one is this:

http://i537.photobucket.com/albums/ff332/AJ-in/KarachiPortTower.jpg

The previous one is on the coast, I think someone posted a map of the possible location somewhere.

http://img182.imageshack.us/img182/4505/karachiporttowercomplexev6.jpg

Twin Towers
http://www.kpt.gov.pk/Images2/PND_PRJ_37.jpg

KPT Office and Commercial Towers
http://www.kpt.gov.pk/Images2/PND_PRJ_36.jpg

Port Tower Complex
http://www.kpt.gov.pk/Images2/Port-Tower.jpg
I can bet the wavy towers are a copy/paste job.

:laugh:

I think you are confused yaar.

The second one is the Port Tower Complex & the first one is Karachi Port Tower

Oh boy, guys don't start this again. AAAJ was correct:

KPT Tower Complex

http://www.building.co.uk/Pictures/web/t/s/v/12news15.jpg

Port Tower Complex or 1947 Tower

gzWRhoew2vE

Hey AAAJ, Where do u find the Port Tower Complex Rendering ????
Its Spectacular, its far far far better than previous rendering.
I like its landmark height 1947ft high.
Imagine if completed, it will help to improve Khi's Skyline beauty

Karachi Waterfront Project is huge, but i dont think that project seeing the daylight.

:doh:

Karachi Waterfront Project is huge, but i dont think that project seeing the daylight.

app kia AMIL BANGALI BABA ho jo har project ki completion pe apni prediction day rahe ho :lol:

^^ han jab mein lhr mein rehta tha tou kisi bangali baba ka card ek aadmi dene aaya tha
:lol:

:sly:

I know dear, lets wait n watch

PAaDzbnU5rw

hows that? :)

Wow.....This is my one of the fav. project!!
thanks for sharing!! detox-icator!!

Edited

PAaDzbnU5rw

hows that? :)

Pretty old video, is this tower ever be gonna built is the question.

If they ever build it, it will be absolutely epic.

Wow.....This is my one of the fav. project!!
thanks for sharing!! detox-icator!!



ur welcome :)

hope for the best

PAaDzbnU5rw

hows that? :)

EteI3ELib74

Great Vids :okay: But Abidi The One Shared Should Be Moved To Karachi Project & Updates..

^^Only Mods can do that!!

you can also do that... just edit your post..
and the Mods will clean it up.

thnx GeRm :)

you can also do that... just edit your post..
and the Mods will clean it up.

Done!!!

is this bloody project every gonna start or are they just gonna make new renders?

Btw, the video mentions this tower as being "over a thousand feet". If it was nearly 2000 ft high, they'd say "almost two thousand feet". So I guess its not going to be 1947 ft high.

There are two towers!!
1 is KPT Tower Complex
And other is
Port Tower Complex!!

KPT tower is 1000ft
and port tower tower is 2000ft!!

And the above is video of 1000ft KPT tower, but mistakenly posted in the thread of Port Tower!

I think the title of this threads says it all....Its a vision and will probably remain so till the current global financial crisis and security situation gets better.

There are two towers!!
1 is KPT Tower Complex
And other is
Port Tower Complex!!

KPT tower is 1000ft
and port tower tower is 2000ft!!

And the above is video of 1000ft KPT tower, but mistakenly posted in the thread of Port Tower!
In other words, one is called Karachi Port Trust Tower Complex, and the other Port Tower Complex?


:lol::lol::lol:

That's pretty stupid.
What about having just a single building instead of two when the financial conditions are so poor?

none of these are even close to construction and were announced a while back during better economic conditions. however the kpt tower has a higher chance of construction and even if it is not there is always a chance of a new project to replace it as a large amount of land seems to have been reclaimed a while back designated for the construction of highrises

is this building ever gonna be build?

it takes times another 10 years jus for approval

Interesting design, but i really don't think it is going to get built.

any news on this?

Is there any construction happening?

Do you see the title of the thread, what does it say????
..V-I-S-I-O-N..:nuts:

any updates?...............

^^ ya.. still a vision

it will remain a vision, thats what economic conditions say!!!!!!!!!!

This thread needs to be closed.

hahhahhahahaha.....not gonna get build since zardari is here....vote for imran khan...happy new yr btw......welcome 2012...

:lock:

Owners of these apartments better be careful who they vote for or they will lose everything. When the building is finished, I will buy an apt, but not before. I think right now owner's are practically giving them away.