[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]Gwadar is the terminus of the CPEC, a network of roads, energy projects, and industrial developments linking western China down the length of Pakistan to the Arabian Sea, a flagship of China’s Belt and Road initiative.nnGwadar, A Chinese state-owned construction firm has been signed up to build a luxury golf development in Pakistan under the umbrella of the $62 billion China-Pakistan Economic Corridor (CPEC).nnThe China Pak Golf Estates is planned as a $265m gated golf community spread over 6.7 million square feet in the port city of Gwadar on Pakistan’s Arabian Sea coast.nnLondon-based developer CPIC signed a memorandum of understanding with China Civil Engineering Construction Corporation (CCECC) to build the community. CPIC is a private investment company developing money-making schemes in Gwadar on the back of CPEC, which is being financed and built by Chinese entities.nnCCECC is a large builder and a subsidiary of China Railway Construction Corporation.[/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row]

Categories: Uncategorized

0 Comments

Leave a Reply

Avatar placeholder

Your email address will not be published. Required fields are marked *

0

No products in the cart.