Is Karachi still good for investment?

[BackToCivicFaiez]

usa did business by research and development. They invented new stuff, came up with new production techniques, discovered new materials.

Pakistan doesnt do that. China does business by producing at a very large scale, and by a devalued currency. Pakistan cant do either of these. devalueing currency will result in goverment unpopularity amongst import based business men and producing at large scale not possible cuz no one wants to risk that much resource/money...

In USA WW2 and acquisition of German scientists and technologies was the major contributor to the economy. WAR=reason to produce more and develop more technologies.
Thats where the growth came from. During early 20th century ( 1900 to 1930 ), business was going fine but not really that good. It was WW2 which got USA on top of the world...

[OvaisAlam]

@wingster
Thank you for bringing the discussion back to topic.
As I said earlier he lived 30 years here. He know the conditions of our country very well. He know that investing in Pakistan is risky but he has some solid proofs to prove that investing in Pakistan is less riskier then investing in UK, Bangladesh, Srilanka(yes, Srilanka is a big big market nowadays).
He said that visiting Pakistan is not an issue for him if anything goes wrong here as he's British national. He further said that he'll hire a person who'll take care of all matters here (most probably his own relative), so living abroad is not an issue in this case. (this also clears that he's open for any business and he's interested in real state business too)

@digitalmohsin
Excellent way to prove your point. Impressed
Any suggestions for a business?

@BackToCivic
They usually invest a lot in R&D(research and development) before doing anything because money is not an issue for them. Do you know inventing new technology/medicine sometime takes billions of dollars.

[wingster]

Not getting emotion lol, what makes you think i was getting emotional? I was in no way representing pakistan or US, im neither from US nor from pakistan. jokes on you. Lets not argue, mods will ban us both lol. thanks but if you really want to have a debate, i got all day. lov u

if u r not from PK then u r wasting ur time here:P

[BackToCivicFaiez]

^^if ur in pakistan, ur also wasting time.....

[qwertypoiu]

ALL you guys have No sense at all :S i feel like abusing most the the guys(note not all most of them or maybe few)

wingster was the only one who gave a good suggestion.

My suggestion will be Investing in CDA's Park avenue scheme second option will be DHA Lahore's phases which are still developing and third and last will be DHA karachi as wingster suggested.

[qwertypoiu]

@wingster
Thank you for bringing the discussion back to topic.
As I said earlier he lived 30 years here. He know the conditions of our country very well. He know that investing in Pakistan is risky but he has some solid proofs to prove that investing in Pakistan is less riskier then investing in UK, Bangladesh, Srilanka(yes, Srilanka is a big big market nowadays).
He said that visiting Pakistan is not an issue for him if anything goes wrong here as he's British national. He further said that he'll hire a person who'll take care of all matters here (most probably his own relative), so living abroad is not an issue in this case. (this also clears that he's open for any business and he's interested in real state business too)

thats the most silly idea i have ever heard ask any over sea's pakistani who screwed him his answer will be the guy in Pakistan who was managing his assets lol

Best thing is he visits buys and then comes back after 5 years and sells it for millions....

[2c]

You should only invest your money in a market that you completely know of. Ask your relative to do a thorough research, talk to tons of people before investing. investing your hard earned money in a market that you have no idea of, is a bad idea

i believe the purpose of this thread is to search.
giving genaric answers is not gonna help any one in this life or after.

[wingster]

ALL you guys have No sense at all :S i feel like abusing most the the guys(note not all most of them or maybe few)

wingster was the only one who gave a good suggestion.

My suggestion will be Investing in CDA's Park avenue scheme second option will be DHA Lahore's phases which are still developing and third and last will be DHA karachi as wingster suggested.

I felt the same when some GUYS start nonsense discussions with out having a knowledge of the matter , my suggestion was if he wants ti invest in the property then DHA is the best place to do that no matter if its in KHI or LHR or even in ISL , the two statments of the poster r contradicting each other , Doing investment & Doing business ,These r 2 different things.

[OvaisAlam]

Wingster said: "logon ne karachi ko lekar apne demah men kya perception pala howa hai !" I am 100% agreed with him. I saw people making hundreds of thousands of rupees via food business daily in Tariq Road, Guru Mandir, SMCHS, DHA, Clifton, even my friend is earning 40k-70k(total - not pure profit) per day with his small fast food shop. I wonder why they're continuously investing money in their business if the condition is worse for investment here.

@qwertypoiu
He already said that visiting Pakistan is not an issue for him but when he's not here someone from family will take care of his business.(he don't have any other option)
BTW yesterday is the last day of form submission for Bahria Enclave plots.

@wingster
Dear, doing business or investing money in business is not different thing or is it? He's considering investing in real state or starting fast food chain.
What if we invest money in (let's suppose) IT sector then what do you call it? investing in IT? or doing business?

[wingster]

Wingster said: "logon ne karachi ko lekar apne demah men kya perception pala howa hai !" I am 100% agreed with him. I saw people making hundreds of thousands of rupees via food business daily in Tariq Road, Guru Mandir, SMCHS, DHA, Clifton, even my friend is earning 40k-70k(total - not pure profit) per day with his small fast food shop. I wonder why they're continuously investing money in their business if the condition is worse for investment here.

@qwertypoiu
He already said that visiting Pakistan is not an issue for him but when he's not here someone from family will take care of his business.(he don't have any other option)
BTW yesterday is the last day of form submission for Bahria Enclave plots.

@wingster
Dear, doing business or investing money in business is not different thing or is it? He's considering investing in real state or starting fast food chain.
What if we invest money in (let's suppose) IT sector then what do you call it? investing in IT? or doing business?

Just for the clarification .

Investment is related to saving or deferring consumption. investment is putting money into something with the expectation of gain

A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers

[wingster]

in simple words , if u wana do business like any food chain or franchise type stuff do it in lHR not in khi reason is that there is already soo much competition here in almost every type of business that it will be very difficult to , START, MANAGE & RUN SUCCESSFULLY , for a new person , but still nothing impossible ,& if u wana invest in property then i,ll suggest khi

[desiguy]

i believe the purpose of this thread is to search.
giving genaric answers is not gonna help any one in this life or after.

It might, you never know, you should be open to more dialogues and ideas. lakeer ka faqeer nahi hona chahiye mere bhai.

[2c]

It might, you never know, you should be open to more dialogues and ideas. lakeer ka faqeer nahi hona chahiye mere bhai.

concisely stating your answers are never quantifiable they are text book answers, real life is far beyond what is printed in text books.
if you have to contribute in real terms then answer with some facts and figures.
i can also copy and paste number of things about research in business and starting small but this is not gonna help any one.
i hope this bring all of us at the same page.

[desiguy]

concisely stating your answers are never quantifiable they are text book answers, real life is far beyond what is printed in text books.
if you have to contribute in real terms then answer with some facts and figures.
i can also copy and paste number of things about research in business and starting small but this is not gonna help any one.
i hope this bring all of us at the same page.

no bro, you are wrong, i must say, we all learn from books. You are rejecting the idea of education by books. believe it or not, everyone in the past, present and future will learn everything from the books. have a nice day, and please dont reject books. they are your friends, my friend

[Xeo]

Now this thread is being trolled by a few people so I had decided to stay out of it. However, the love of my country compels me to help Ovais's relative. (Disclaimer: I'm one of those dual nationality Pakistanis with multiple foreign degrees who've given up very promising careers abroad to come and contribute to Pakistan's prosperity. My opinions below may be biased).

It's great that your relative has decided to invest in Pakistan. But what are his ambitions / intentions / motives?
- Is he looking to make the most money in the shortest period possible?
- Is he looking to give back to his country and set something up which will help booster the economy which also returning dividends.
- What is the amount of risk that he's willing to take.
- How much involvement in the running of the investment / business is he willing to do?
- How well educated is he? Or to put it another way, does he want to invest in dukaans / property / franchisees or is he willing to work with industry leaders and experts and come up with a business model.

Personally, I would ask your relative to first get a feeler of the country and the business environment. I would advise against investing in anything that results in fixed assets. Thus if the experience doesn't work out your relative can move out without (a) much hassle (b) without significant losses. This effective rules out franchisees, property, power generation etc. All of these ideas are good but they bind you far too strongly.

What remains then? The service industry for one. Your relative can rent office space and start offering various services like call center, IT, software development, immigration, import / export / financial / tax consulting / accounting etc. This is very dependent on your relative's area of work experience. If your relative is good at managerial aspects, he can setup a professional team and manage them remotely. I know of numerous such instances.

[Xeo]

Setting up a company which provides services can be done in one third the amount that your relative has available (includes capex and first year's opex). You can rent office space and furnish it sparsely until the business expansion happens. Other office equipment (laptops, PCs, copiers etc.) are not that expensive and can be sold if the business doesn't take off.

I would also ask him to talk to various universities professors here. They have excellent ideas and contacts but lack the financial clout to carry them out. Talk to Profs at LUMS, IBA, NUST, NU etc. The business schools usually are more entrepreneurial and would be having great ideas.

[2c]

no bro, you are wrong, i must say, we all learn from books. You are rejecting the idea of education by books. believe it or not, everyone in the past, present and future will learn everything from the books. have a nice day, and please dont reject books. they are your friends, my friend

have fun kiddo

if you happen to travel to Vancouver do send me your number.

[OvaisAlam]

It's great that your relative has decided to invest in Pakistan. But what are his ambitions / intentions / motives?

- Is he looking to make the most money in the shortest period possible?
No, but he also don't want to stuck his money for 2-5 years to get profit.

- Is he looking to give back to his country and set something up which will help booster the economy which also returning dividends.
After getting input from me he's not willing to do anything like that. You know the condition of our country. If you're willing to do anything good for the people no one will allow you to do that. (latest example is Yamaha)

- What is the amount of risk that he's willing to take.
4 Crore - 7 Crore (the amount says it all)

- How much involvement in the running of the investment / business is he willing to do?
If he'll go for real state he'll visit Pakistan to purchase plots/sell plots.
If he'll go for food business then he'll come and arrange each & everything required to setup food chain.

- How well educated is he? Or to put it another way, does he want to invest in dukaans / property / franchisees or is he willing to work with industry leaders and experts and come up with a business model.
He want to invest in property/food business

Personally, I would ask your relative to first get a feeler of the country and the business environment. I would advise against investing in anything that results in fixed assets. Thus if the experience doesn't work out your relative can move out without (a) much hassle (b) without significant losses. This effective rules out franchisees, property, power generation etc. All of these ideas are good but they bind you far too strongly.

What remains then? The service industry for one. Your relative can rent office space and start offering various services like call center, IT, software development, immigration, import / export / financial / tax consulting / accounting etc. This is very dependent on your relative's area of work experience. If your relative is good at managerial aspects, he can setup a professional team and manage them remotely. I know of numerous such instances.

I'll forward these suggestions to him. Thank you very much for replying in detail.

[OvaisAlam]

It's quite difficult to catch any of them. What should I ask from them? "I have money do you have ideas?"

I would also ask him to talk to various universities professors here. They have excellent ideas and contacts but lack the financial clout to carry them out. Talk to Profs at LUMS, IBA, NUST, NU etc. The business schools usually are more entrepreneurial and would be having great ideas.

[BackToCivicFaiez]

It's quite difficult to catch any of them. What should I ask from them? "I have money do you have ideas?"

lol, no, it should be more like " I am willing to fund your brilliant ideas, Lets grow together "