China Pakistan Economic Corridor has had a huge impact on the economic growth in the Gwadar and adjoining region. This economic growth also includes the increase in real estate investment in this area. That was actually bound to happen with the amount of investment going into this project and with the long-term projections that it has. Previous Chinese investment in Canada and Australia show great evidence of real estate growth. That can put us Pakistanis at ease about the ramifications of Chinese investment in our country.
In the past year the interest in CPEC related projects has dwindled. Investment in Gwadar was on a steady rise until 2017 but this year it has tapered off. The reason could be the fact that we as a nation are vary of international investment of any kind. With the elections and the wavering political situation of the country, it was understood that the real estate in Gwadar will face some tardiness for a while. But now with the announcement of this International Airport, things will definitely look up.
There are many reasons why the Gwadar International Airport is going to be a game changer for real estate investment in this region. Once the construction is completed, this airport is going to provide a link between Gwadar and the rest of the country and more over it will strengthen the connection between Gwadar and most other parts of the globe. It will also give a positive green signal to the investor that China and Pakistan have increased their level of interest in the CPEC project.
More good news also awaits Gwadar. It has been heard that Prime Minister, Imran Khan will be visiting China in the month of December. He will negotiate new projects for Gwadar or the visit will bring about increased interest and speed in the currently ongoing ones. The initial ground breaking ceremony for Gwadar International Airport is also going to take place in the month of December.
The end of this year will apparently be extremely happening for the region of Gwadar and CPEC related investment projects. To stay on top of more information regarding Gwadar, keep checking the blog section of our website.
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