I just read this in the news. Daily Times has reported the inauguration of The Centaurus, PakistanÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s first seven-star hotel project, in Islamabad.
I am left wondering what are these people thinking? Can Pakistan afford, and sustain, a 7-star hotel? Do we really need one? And what is a 7-star hotel, after all? We can barely maintain a decent 2 or 3 star hotel in our major cities. Are we now competing with Dubai for architectural grandiosity? And whoever came up with the name should probably look for a job in Hollywood…
ISLAMABAD: The Centaurus, PakistanÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s first seven-star hotel project, was inaugurated on Thursday. The $350 million complex is planned to have a 37-storey deluxe hotel, with two 21-storey residential towers, a 25-storey corporate office complex, and a 5-storey shopping mall. The complex will have a parking lot that would accommodate over 2,000 vehicles. The project will be completed in three years… The Pak Gulf Construction Private Limited company (PGCL) and Messrs Atkins engineering company ÃƒÂ¢Ã¢â€šÂ¬Ã¢â‚¬Å“ the constructors of DubaiÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s renowned Burj Al Arab ÃƒÂ¢Ã¢â€šÂ¬Ã¢â‚¬Å“ are executing the project. Saudi Arabian Al-Tamimi Group and the Sardar Group of Companies are making the investment….
President General Pervez Musharraf on Thursday said it was ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œthe right time to invest in PakistanÃƒÂ¢Ã¢â€šÂ¬Ã‚? because of the countryÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s positive economic policies of de-regulation, liberalisation and privatisation coupled with a liberal foreign exchange regimen. ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œWe have opened all sectors of the economy for investment and the scourge of red-tapism and bureaucratic delays are being done away with,ÃƒÂ¢Ã¢â€šÂ¬Ã‚? said the president at the foundation-laying ceremony of The Centaurus.