Gwadar, what used to be a small fishing village near the shores of Pakistan, is being hailed as the new Dubai. Especially of its importance on both economic and political ground between China and South and Central Asia. With the rapid and exponential growth of Gwadar, investors have embraced Pakistan’s Gwadar port city as a lucrative investment opportunity.
Sputnik had an in-depth interview with Zeeshaan Shah, China-Pakistan Investment Company (CPIC) board member and founder and CEO of ONE Investments, one of London’s leading property investment companies. They spoke about the evolution of Pakistan, Downtown Gwadar and what the relationship is between CPIC and CPEC, the China-Pakistan Economic Corridor.
According to Shah is “Pakistan an underrated economy with an abundance of opportunities” even though “it has been amongst the highest-performing in Asia over the last 12 months”. He also stated that Pakistan is where the future is. Shah gave a few reasons why doing business in Gwadar is investing in the future. Gwadar port will be even more important because it will reduce shipping time up to 85% and Gwadar itself has become a free zone where you can operate on a tax-free basis.
Shan also explained that since the beginning of this year “more than over 30 companies are investing in the free zone from the financial, fisheries, and vehicle manufacturing sectors”. He also added that “private companies have committed over $500 million dollars and the Chinese government are investing $4.8 billion, including a new international airport, a 300-megawatt power plant, and port upgrades. The second phase of the Free Zone has been upgraded”.
To make people realize that Gwadar has great and secure investments possibilities, CPIC launched Downtown Gwadar, a campaign during which people could benefit from different but limited offers for only 48 hours. It was launched on August 14, which coincide with Pakistan’s Independence Day. Currently CPIC is running a new campaign “Naya Pakistan” during which investors can profit from a “buy 3 get 1 free” offer.
If you want to participate in the Naya Pakistan campaign and you’re living in the UK, you can register your interest via https://cpicglobal.lpages.co/naya-pakistan-promotion-uk-web/
Read the full interview with Zeeshaan Shah here: