World's Tallest Skyscraper Planned in Pakistan
Bahria Town and Abu Dhabi Group agreed to invest $45 billion in real estate in Pakistan. After signing the investment deal, Malik Riaz and Shaikh al-Nahyan announced that Karachi, not Dubai nor Shanghai, will soon boast having the world's tallest building. Representing the largest foreign investment to date in Pakistan, there will be $35 billion invested in several large commercial and residential real estate projects in Karachi, and another $10 billion in Lahore and Islamabad. It's expected to create 2.5 million new jobs in the country. His Highness Sheikh Nahyan bin Mubarak al Nahyan, Chairman of Abu Dhabi Group, was quoted by Express Tribune as saying, “I am genuinely happy that in this historic project of Pakistan we are working with the visionary Malik Riaz Hussain, this guarantees that not only the project will be delivered beyond our expectations but also before time. We will Inshallah be welcoming first residents in next 3-4 years.” Why is Abu Dhabi Gr...