CPIC founding board member Zeeshaan Shah recently spoke at the House of Commons at the UK Parliament on the 4th of February 2019, discussing the China-Pakistan Economic Corridor (CPEC) and Belt and Road Initiative (BRI).
Shah talked about his career working in real estate development, beginning by taking advantage of the 2008 global recession and capitalising on the tumbling prices to make massive dividends in the global property market. After the announcement of CPEC in 2015 and the proclamation of Gwadar as its gateway city, Shah realised the immense potential of the port city and knew he had to dedicate his time and effort from thereon attracting the masses of investment into Pakistan that he had successfully done elsewhere – and thus, the foundations for CPIC were laid.
CPIC is an award-winning real estate investment firm specialising in real estate opportunities within the $62 billion China-Pakistan Economic Corridor, headquartered in London with offices in New York, Karachi, Dubai and a partner office opening soon in the Baltimore-Washington D.C. area.
Shah stressed the tenets CPIC was formed on: delivering international standards of development and championing the introduction of trustworthiness, transparency and sincerity to Pakistan’s real estate industry.
“CPIC are filling a void in a booming market by providing British levels of service to the overseas Pakistani market. We are the first private sector developer delivering our project in the history of Gwadar – the first plots will be handed over in less than a month. We have proved again why we are the market leaders as we are delivering something that has never been delivered before.”
Shah also spoke at length about China and its important role in transforming the future of Pakistan.
“At a time when Pakistan was at its lowest, with very little foreign direct investment coming into the country, China showed its support and friendship by deciding to invest $62 billion in what is the largest ever unilateral investment by one country into another. I commend China for taking this brave step in shaping the future of Pakistan and now it is up to the Pakistanis to capitalise on this opportunity.”
Predicted by experts to become South Asia’s busiest shipping port by 2023 and the ‘New Dubai’, Gwadar is the gateway city to the $62 billion China-Pakistan Economic Corridor (CPEC) which is the flagship project of China’s broader $5 trillion Belt and Road Initiative (BRI).