Pakistan & China Turning War-Torn Gwadar Into Another ‘Dubai’

04 Feb 2021

Gwadar Smart Port City’s ‘Master Plan’ The China-Pakistan Investment Corporation. What Is It Developing?

The China-Pak Golf Estates, one of the jewels of the master plan crown, is being developed and advertised by a company called CPIC: China-Pakistan Investment Corporation. It is a self proclaimed ‘award winning’ real estate investment firm based in London, one that none of the major actors in the real estate scene in UK has ever heard of. The composition of the board members is very interesting: Lt General Sahabat Hussain, Perveiz Adhgar who’s a former rear admiral of the Pakistani Navy, Zeeshaan Shah ‘founder and CEO of ONE investments’, after he participated in ‘The Apprentice’ UK Season 9. Plus ‘Lord’ and ‘Sir’ duo, who have been intricately involved in the past with China, and, finally, Ryan He, a ‘veteran investment expert’, who has extensive experience with institutions in China.

The CPIC is developing, besides the golf courses, the ‘International Port City’, and is looking for investors.

Their website claims: “The $150 million, mega Gwadar port development covers 3.6 million square feet and offers a mixed-use, gated development at the heart of Gwadar to cater for locals, expats and Chinese professionals expected to be working there in the future. This new development provides everything needed to live, work and play within a secure, gated community and will have Gwadar’s first Chinese Temple”.

Adding elsewhere: “Gwadar is also widely recognised as a safe and secure city so there are no concerns about the wellbeing of its residents. Some 9,000 Pakistani army soldiers have been deployed here along with 6,000 para-military forces personnel making it one of the most secure locations in the whole of Pakistan”.

Courtesy: The Quint