u/InjectorTheGood

Original Article link: https://mettisglobal.news/Khaadi-plans-to-raise-up-to-Rs83bn-through-preIPO-IPO-63907

Ethnofruitcakes are a different breed.

They like to bring "Aik hi log thay, rishtaydaar hain us taraf". But same was true for Punjabis who had to migrate from here and from there. They lived right here unlike tribes that have been geographically on the other side for centuries.

Then they start whining when the border is closed or crackdown is conducted on smuggling. Punjab and Sindh's borders are closed for almost a decade now. Gypsum industry has almost entirely done for in Khushab district. Afghan border closure affects Punjab more than KPK or Balochistan too. Citrus and industrial exports the most. In fact, farmers in Balochistan and Northern KPK had a bonanza due to lack of competition from Afghan imported vegetables.

This is not the first. Just this week, 4 guys were killed in single incident. While robbers and muggers are regularly being executed every week.

Over last few days, dozens of government personnel have been arrested, suspended or fired from their offices.

You can hate her all you want, but Maryam is that South Indian hero we all wished we had in the government. So much development going on everywhere in the province. Some very good initiatives like Schools of Eminence and Punjab PIVOT have been started. CCD has eliminated half the badmashi in the province.

I really hope PML(N) loses federal government though. Wish PTI and PPP could remove them from there so that Punjab government can stop simping for federal government. 1.5 trillion PKR of our funds have been either cut or locked in surplus.

I really wish they can get their smelter project moving. Government would be very unwise to not give them the incentives they are seeking. Country faces excess capacity problem. Aluminum smelter is very very energy intensive. One ton of aluminum requires around 14000 kWh of electricity to produce. With 300k tonnes of annual capacity, it will draw 500MW of power 24/7. This can put CPHGC plant to good use since it's current utilization is only 11%.

God forbid government plans privatization for Railways, you will hear everyone whine "mulki asaasay bech rhay". But they won't talk about how railways, which could be major cash cow for the government as well as reduce transport cost for industries, is being mismanaged. Every day you hear about train derailment.

Government did 100% right by privatizing PIA. It would have been worth it even if it were given for one rupee. And it is doing 100% right by privatizing electricity distribution companies.

Any parosi still believing their media after this night is the most gullible person on Earth.

Pakistan already suffers from excessive electricity generation capacity (peak demand of 30k MW versus capacity of 45k) as well as transmission bottlenecks. And Pakistanis are already paying capacity charges (currently around 70% of electricity production cost). Starting from next year, some of the capacity cost will get reduced to debt retirement of ten years old power plants with some power plants retiring their debt almost every year.

With Dasu and Diamer power projects coming online, Pakistanis on grid will keep paying these capacity charges for decades. They both are massive. Adding 20 billion units each of electricity annually to the grid (Pakistan's current demand is around 120-130 billion units)

Diamer Bhasha Dam is the need of time. But only its water storage component. By just building water storage component, its cost will come out at only 1.1 trillion PKR, which is manageable. Adding power component will add 1.2 trillion to its cost. Then hundreds of billions will be spent on transmission lines.

Government instead needs to increase grid electricity consumption. First step would be to give incentives to industries to collocate near low utilization plants such as CPHGC coal power plan in Hub which has only 6% utilization.

Not bad considering rental yield in Pakistan's real estate market is usually less than 5%. Nothing in plot. While saving accounts are yielding around 9%. Lesser in Islamic banks.

Not all countries have stock markets with such reasonable valuations.

Plenty of listed companies and their associated companies. Hopefully Pakistan-based groups will be able to take them all over. This will be big, and very predictable business when managed by private companies.

Details are the worst part. Remittances now contribute more to FX reserves than goods exports consistently (3.6 billion vs 3 billion)

Breakdown of exports is even worse. Out of 3 billion of exports, 1.8 billion is contributed by textiles alone. Food contributes another 450 million. So, all other categories contribute just 750 million USD.

Government really needs to get serious about improving exports rather than adhoc measures. Every dollar invested into manufacturing returns annual export of 0.5$ to over 1.5$. Export oriented industries should be provided with electricity at production cost exclusive of all cross subsidies and surcharges and offered flat 15% income tax to spur investment.

What government does instead does is offer red carpet to foreign investors while heavy taxation and expensive electricity to local conglomerates.

One of the very few bases that got updated on Google Earth within months of May 2025. Most other haven't been updated after May, or were updated a whole year later.

You can verify this visual on Google earth at these coordinates: 31.699969, 74.789533