ISLAMABAD: An MoU was signed on Friday to construct China Pak Golf Estates, Gwadar’s first luxury, gated golf community.
The $265 million agreement signed between Empire Properties, Pakistan’s registered trustees of leading international developers CPIC and China Civil Engineering Construction Corporation (CCECC), is a milestone in the development of Gwadar and will deliver the emerging port city’s most premier residential and lifestyle destination.
“It is a great honour to be working alongside a forward thinking international conglomerate like CPIC. China Pak Golf Estates is a ground breaking development for not only Gwadar but Pakistan and we are honoured to be a part of this monumental project contributing to the growth story of emerging Pakistan,” Managing Director of CCECC-Pakistan Wang Lei said. “China Pak Golf Estates will truly set a new standard to real estate community development in Pakistan. Our vision extends beyond developing Pakistan’s finest communities … we will change the very fabric of Pakistan’s real estate industry by setting a new benchmark for integrity and transparency in a market that at times can be described as less than open,” Afzal Shah, CEO or Empire Properties said.
Published in Daily Times, April 21st 2018.
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