Hong Kong, China (CNN) -- Former Pakistani President Pervez Musharraf, once one of the United States' strongest allies in the fight against terrorism, is ramping up for what looks like another run at the top job.
Musharraf, 67, will launch a new political party on October 1 in London.
"There is a good chance at creating another political alternative which will be viable, which will be a better alternative for Pakistan," he said Wednesday in Hong Kong, where he answered reporters' questions after speaking at an investment forum.
The forum was organized by the CLSA brokerage, which last year hired former U.S. vice presidential candidate Sarah Palin as a speaker for its Hong Kong forum.
Musharraf sees political hope in the 60 percent of the Pakistani electorate that doesn't vote, who need "awakening," he said.
CNN