With the inception of multi billion dollar project CPEC, all eyes are set on the rapid developmental endeavors in Gwadar. The recent visit of PM Imran Khan was marked with the groundbreaking of Phase two of Gwadar free zone and plethora of other megastructure projects. These rapid developments have now devoted increased interest in this previously delineated area.
A master plan which is to be completed by 2050 has been crafted by the Government with cooperation from the Chinese government for the development of that area. Here I have summed up major incentives that will urge you to buy plots in Gwadar:
The Smart City Port of Gwadar is located at the Mouth of Persian Gulf, with close proximity to the emerging economies of Asia and Africa. The Chinese government has identified Gwadar as a suitable location for an overseas commercial hub that can serve both land-locked western China and Central Asia (to which it is connected via road and rail links). The easy accessibility and mega infrastructure development makes the Gwadar port a perfect location for international trade hub not only in Pakistan but in whole South Asia. Moreover, the city has all the necessary infrastructure like seaport, airport and communication networks in place.
Strategic location makes it a lucrative investment
Safe environment makes it a secure investment
The Government of Pakistan along with the Pakistan Army are taking all the necessary measurements to make the city more secure.
The security of Gwadar and its surrounding areas have already been a serious concern for the military of Pakistan.
In 2016 a Special security division was entrusted with the security of individuals working under CPEC. This division comprised the 6000 paramilitaries and 9000 soldiers of the Pakistan Army and who were assigned with the duty of protecting the region.
Apart from diminishing the threats of security in the region the government of Pakistan has also undertaken initiatives to fully guard the coast via aid of maritime security agency and Pakistan Airforce.
2.3 million Job opportunities
The majority of property investment analysts believe that the land price is directly operational to the employment opportunities available in a particular area. According to the Gwadar Master plan, 2.3 million job opportunities will be open in Gwadar city within a couple of years. This will lead to a flurry of expatriate workers who are in the region and such many individuals will require a home to reside and the Gwadar area for sale is in high demand. There are also projections of a significant growth in the population of Gwadar within the next few years. This indicates that buying Gwadar plots on Installments is a great investment opportunity.
The construction of Gwadar port is rebalancing the regional geo economic equilibrium as it creates an inclusive environment with trade routes towards some important parts of the world. Thus Gwadar is driving the region to a new era of technological development. This city paves a way toward a harmonious world with lasting peace, common prosperity and regional security.
All credit to this smart port city for encouraging the regional countries to come together and carry out broader and more in-depth regional cooperation with the high standards that benefits all.
It is estimated that with the ongoing Master plan that Gwadar will reach its potential with a decade or two. The infrastructure development will surely create a lot of job opportunities. As per the smart city master plan the population of Gwadar will reach 2 million in a couple of years with a major part of the population constituting expatriate professionals.
Drastic changes have been witnessed since the launch of CPEC in Gwadar. Construction of Asia second largest Airport is expected to be completed by 2023. Construction is underprocess for the Pak China technical and vocational institute. Major companies are now investing in this invertor’s gold mine. Recently Century Steel Mills announced that they will invest 360 Million US dollars in Rashakai special economic zone.
The overall transportation infrastructure is diligently designed to alleviate travelling barriers. The network of broad roads will uplift the socio- economic activities of the region as it will provide the locals with direct access to main markets.
Moreover, a desalination plant with the total capacity of 2.5 million gallons has also been installed for the availability of clean water to the locals, along with this three more desalination plants with the total capacity of 5 million gallons will be established in the near future.
With long-term and short-term plans progressing faster than they did previously, buying plots in Gwadar will yield income over a longer period of time sooner than you expected. The low cost that comes with Gwadar properties is the most appealing scenario. Experts predict that the prices will rise at the fastest pace when Gwadar is in operation.
As per experts, Gwadar will act as the turning point for tourism in Pakistan. Pakistan is rich in beautiful valleys and mountain tops which are a dream for travellers and nature-lovers. Additionally, it is regarded as among the most beautiful nations on earth in terms of its natural beauty. Because of its central location Gwadar, when completely operational, will function as an entrance point for tourists from across the globe. This is why purchasing a property located in Gwadar is a profitable option for investors who plan to establish motels or tourism businesses in the near future.
To wrap things up!
To wrap up the discussion, I would say that Gwadar is unequivocally a gold mine for investors.: Investors who purchase property in the area stand to benefit from the steady increase of tourism and population growth in the region.
Overall, it appears that buying property in Gwadar can be a great investment. However, you need to be careful about where you buy and who to trust when looking at properties. If you are looking for a Plot in Gwadar then Gwadar Central is one of the Best Housing Society in Gwadar There are some unscrupulous individuals who will take advantage of prospective buyers. That is why it’s important to have an experienced agent on your side that can help you avoid being scammed or purchasing a property that won’t hold long term value.