Wednesday, December 25, 2024

Gwadar’s First Private Housing Community Nearing Completion

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Zone 1 of CPIC’s $150 million International Port City development is nearing completion, authenticating its status as a landmark in the emerging port and trade hub of Gwadar, Pakistan.

CPIC’s International Port City mega project is a $150 million mixed-use gated development spanning over 3.6 million square feet of prime Gwadar real estate. It is the first private sector development of its kind in Gwadar and will cater for locals, expats and Chinese professionals expected to be working there in the near future. This new development provides everything one needs to live, work and play within a secure and safe environment and will also host Gwadar’s very first Chinese Temple.

International Port City will be a major milestone in the development of Gwadar as the first major private sector master community to be completed and handed over. Construction is currently a whopping twelve months ahead of schedule – you can view monthly construction updates here.

Formerly just a tiny fishing village located on the mostly deserted coast of the Balochistan province of Pakistan, Gwadar is now being redeveloped as the gateway city to the $62 billion China Pakistan Economic Corridor (CPEC). Recognised for its vast potential as a deep water port, Gwadar has become the hotspot for real estate investment in Pakistan and is predicted to become the busiest shipping port in South Asia by 2023. Learn more about CPIC’S perspective on Gwadar and CPIC’S views on CPEC.

CPIC is the market leader for real estate opportunities within the $62 billion China-Pakistan Economic Corridor (CPEC). Comprised of world leading investment and real estate professionals, CPIC deliver international standards of development and are championing the introduction of trustworthiness, transparency and sincerity to Pakistan’s real estate industry. CPIC aim to bring positive change to Pakistan by building safe and sustainable communities that encourage cohesion and enable businesses to thrive. For the International Port City development CPIC has partnered with Top International Engineering Corporation (TIEC), a leading Chinese construction company that employs over 10,000 professional and technical personnel and has delivered projects worth over $822 billion since 1950.

Want to know more about the huge investment opportunities in one of the most lucrative and thriving ports of South Asia? Contact CPIC via +44 333 733 3337 (UK), +1 212 365 2742 (US), info@cpicglobal.com or https://www.cpicglobal.com.