Nowadays, whenever you seek advice for real estate investment, only one name seems to pop up everywhere i.e. Gwadar. You can ask a friend or a real estate agent or do a simple query on Google, the result will be same. How can everyone be so unanimous about Gwadar? Why the city that nobody ever talked about is dominating the real estate investment discussion? What has changed and triggered this debate?
The credit goes to China Pakistan Economic Corridor (CPEC). The entire project is divided into three phases. The first part is scheduled to be completed in 2018-2019. The second phase will be finished in 2020 and the last one is expected to end in 2030. The entirety of CPEC includes a number of projects aimed at harnessing the full potential of Gwadar. The details of which can be attained from here.
How CPEC Has Influenced Gwadar Investment
We believe the perks and benefits of CPEC have already started to emerge. The project is supposedly on paper yet but the advantages are real and visible. We have noticed a series of transformation in a number of aspects in Pakistan. We will mention some of them here to clear the picture;
- According to PricewaterhouseCoopers (PwC) report “Global Economic Order Change”, Pakistan will be the 20th largest economy in the world by 2030 and 16th largest economy by 2050. The forecast is based on the current GDP of Pakistan. Of course, it will be foolish to write off the impact of CPEC on this report.
- Security agencies of Pakistan are working furiously to eliminate the terrorism in the country. Operations like Zarb-e-Azb and Rad-ul-Fasaad are working out as planned and applauded throughout the country. The overall security conditions have improved tremendously.
- The Pakistani media never seems united on anything. However, it shouldn’t come as a surprise when the entire media is appreciating and being hopeful for the future of Pakistan in regard to CPEC. The media truly has done its role in disseminating the actual worth of CPEC to Pakistanis living here and abroad.
- Similar to media, Pakistan political parties are always divided on issues. However, they are firmly united on CPEC. They all believe that it is for the betterment of Pakistan. There has been no so-called opposition to CPEC. The unity speaks volume about the faith of Pakistani political elites in the success of CPEC.
Gwadar Real Estate: A Natural Beneficiary Of CPEC
“Invest Gwadar” seems like the slogan chanted loudly by real estate agents everywhere. Fortunately, it is based on real and solid progress happening each day in Gwadar. Local investors are seizing the opportunities rapidly. Even more surprising is the interest of foreign investors to capture the land in Gwadar. The potential of the city cannot be denied and it has been assessed early by local and international real estate investors.
However, it is important to take care of your source of information. There is a lot of scams, dramas, and scandals happening related to Gwadar properties. We will suggest you follow an authentic line of information. Many property websites and blogs are informing the interested parties about Gwadar but only a few are reporting facts. So be aware of where you get the facts and information that may influence your buying decision. If done right, Gwadar investment will prove to be the most valuable asset for anyone.