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Gwadar – The Next Shenzhen

By Author: China Pak Hills
Total Articles: 3

As the 62 billion-dollar China-Pakistan Corridor (CPEC) takes shape, Gwadar is set to become the next most important city in the region. As the gateway city to the multi-billion dollar mega-project between China and Pakistan, Gwadar stands to become a city with a fresh unbeatable identity, more specifically, along the lines of being the next Shenzhen.

Shenzhen, located next to Hong Kong is a centre of foreign investment.

Over the past two decades the city has seen investments over $30 billion for buildings, infrastructures, and various other joint ventures. This has transformed the fortunes of the city, from being a sleepy fishing village to that of one of the mega ports of China. 

Port, port-related commerce, industries and city development for Shenzhen began in 1979, which over time has given the city a modern skyline.

The vibrant economy of the port city was the result of rapid foreign investment since the establishment of the Shenzhen Economic Zone. This port city, one of the busiest ports in China is also the home to high-tech companies and the Shenzhen Stock Exchange. 

Shenzhen took 10 years to develop and make the port operational, and another 30 years to make the city fully developed. Authorities believe that Gwadar would be able to replicate this success in a much shorter span of time; 5 years to have its port operational and another 10 to 15 years to develop the city of Gwadar.

Gwadar has a strategic advantage compared to the other ports in the region. It is nestled right by the Arabian Sea in the Balochistan region of Pakistan, being in close proximity to various world shipping routes, including the Hormuz Strait which oversees about 20% of the world’s oil passage. This is also in line with being close to two-thirds of the world’s proven oil reserves. 

Built around the Shenzhen model, Gwadar port city is set to become a game-changer in the region. With CPEC, the trade between China and Pakistan, and China with the world is set to make a leap jump. A new 2,700 kilometer running along the corridor would connect Gwadar to the Xinjiang province in Northwest China, which will have a huge economic impact on the two nations. Transit times and costs would reduce by around 60-70%, increasing efficiency and ease of trade between the countries, and the world.

China Pak Hills will be at the heart of Gwadar – a sprawling $500 million dollar, 1 square-kilometer of prime mixed-use property. The master community is tailor-made keeping the working professionals in mind – an ideal place for work and play, while maintaining a unique lifestyle. Sustainability would be a key feature of this development, having a dedicated desalination plant, recycling plant and other green public areas covering about 50% of the total area. China Pak Hills will be setting the next benchmark in Gwadar.

With the ever changing property world, now is the ideal time to invest in a plot or home in emerging Gwadar. Over time, watch as your investment grows and give you unparalleled returns. 

To learn more on this exclusive, once-in-a-lifetime opportunity, you can contact us on info@chinapakhills.com or check out our website on: www.chinapakhills.com

Total Views: 208Word Count: 527See All articles From Author

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