Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Pakistan to sell part of Kabul estate
05-16-2009, 08:02 AM
Post: #1
Pakistan to sell part of Kabul estate
[Image: sadiq-608.jpg?MOD=AJPERES]

Pakistan’s Ambassador to Kabul Mohammad Sadiq confirmed that negotiations are under way with the British authorities.—File


ISLAMABAD: The Foreign Office has agreed to sell part of its valuable Kart-i-Parwan estate in Kabul to Britain.

‘It has been agreed in principle that Pakistan will sell half of the property to Britain,’ diplomatic sources told Dawn on Friday.

Pakistan’s Ambassador to Kabul Mohammad Sadiq confirmed that negotiations were under way with the British authorities. The 24-acre Kart-i-Parwan estate is considered to be one of the most prestigious assets in the Afghan capital.

It housed Pakistan’s embassy till 1995 when it was ransacked by a mob. The mission then moved to a rented property in another part of the city because of security reasons, but the government decided to retain the compound for future use.

The British government expressed interest in buying the compound in 2006. Despite Pakistan’s refusal it continued to pursue the matter with Pakistani leaders.

Britain had initially offered $25 million for the property. When the Foreign Office formally declined last year to sell the land, the British High Commission reacted by saying that London would be ‘highly disappointed’.

The British government made several proposals, including the splitting of the property and a swap with the British-owned Bulgarian embassy complex.

According to official documents, all the proposals were rejected by former president Pervez Musharraf on the premise that the prestigious estate would be an asset when security situation improved and it would save nearly $1 million annually in rent.

Moreover, it was argued that the amount offered by the British authorities was not adequate to find suitable alternative premises for the embassy.

According to sources, President Asif Ali Zardari was amenable to the British offer, but the Foreign Office dragged its feet.

The British high commissioner in Islamabad is said to have complained to President Zardari on at least three occasions about what it called inflexibility of the Foreign Office.

Ambassador Sadiq said the resistance was part of the traditional standpoint of holding on to the property. The Foreign Office eventually succumbed to pressures from the presidency and agreed to negotiate the sale, the sources said.

http://www.dawn.com/wps/wcm/connect/dawn...ate--bi-07
Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Pre-Urban Planning For Gujar Khan And Kotli Sattian Has Been Finished As Part Of The LRE-Azan 0 592 04-08-2023 02:13 PM
Last Post: LRE-Azan
  Islamabad: Housing Agency Appeals IHC Ruling on Allotments in Islamabad ( Part-2) LRE-Azan 0 1,149 11-02-2021 06:36 PM
Last Post: LRE-Azan
  Islamabad: Housing Agency Appeals IHC Ruling on Allotments in Islamabad ( Part-1) LRE-Azan 0 1,094 11-02-2021 06:35 PM
Last Post: LRE-Azan
  NOC mandatory to sell plots in LDA schemes Salman 0 4,433 02-25-2014 01:16 PM
Last Post: Salman
  Stay order extended : LHC seeks demolition plan for part of Lady Willingdon Hospital Salman 0 4,620 02-20-2014 01:51 PM
Last Post: Salman
  CDA needs Rs3.6 billion to complete remaining part Salman 0 4,772 07-02-2013 12:43 PM
Last Post: Salman
  Deadline for completion of half part of Mareer Chowk expansion project extended Salman 0 4,309 05-24-2013 01:05 PM
Last Post: Salman
  CDA plans to sell seven precious plots without auction, Salman 0 3,851 02-13-2012 12:53 PM
Last Post: Salman
  CDA set to sell off Margalla Towers plot Lahore_Real_Estate 0 4,396 02-10-2012 12:38 PM
Last Post: Lahore_Real_Estate
  UK supermarket to sell Pakistani mangoes Lahore_Real_Estate 0 3,240 06-30-2011 02:25 PM
Last Post: Lahore_Real_Estate
  'No plan to sell or merge Bank Alfalah': Abu Dhabi Group names new management team Lahore_Real_Estate 0 4,414 01-10-2011 03:30 PM
Last Post: Lahore_Real_Estate
  Hajj Odyssey Part 2: Unbridled local economy of holy cities —By Saeed Minhas Lahore_Real_Estate 0 4,090 12-09-2010 01:21 PM
Last Post: Lahore_Real_Estate
  Hajj Odyssey Part 1: Pakistani and Saudi models of governance resemble starkly Lahore_Real_Estate 0 4,315 12-08-2010 01:53 PM
Last Post: Lahore_Real_Estate
  PM House pressuring to sell land to Arabs: Bhootani Lahore_Real_Estate 0 3,121 11-13-2010 01:41 PM
Last Post: Lahore_Real_Estate
  Pak-Afghan transit deal signed in Kabul Lahore_Real_Estate 0 3,830 10-29-2010 06:40 PM
Last Post: Lahore_Real_Estate
  Pakistan must part of negotiation process: PM Lahore_Real_Estate 0 3,066 10-23-2010 12:28 PM
Last Post: Lahore_Real_Estate
  Part of DHA Lahore phase 9 now has a map and development work Lahore_Real_Estate 0 8,410 10-02-2010 01:32 PM
Last Post: Lahore_Real_Estate
  911: Building 7, Part of WTC Collapsed for UnKnown Reasons! LRE 0 3,715 09-05-2010 09:23 PM
Last Post: LRE
  Why ETPB Sell Land to DHA Lahore? Lahore_Real_Estate 0 3,988 04-21-2010 10:47 AM
Last Post: Lahore_Real_Estate
  Water Terrorism: Dam on Kabul River with indian Assistance LRE 0 5,567 02-13-2010 07:50 PM
Last Post: LRE

Forum Jump:


User(s) browsing this thread: 1 Guest(s)