China Pak Investments Partners With Chinese Contractor For Gwadar Project

China Pakistan Investment Corporation announces construction award to China’s 4th Largest Contractor

[London 19th October 2017] Leading Chinese investment company China Pak Investment Corporation (CPIC) announced their construction award to Top International Engineering Corporation (TIEC) to develop the first Chinese built Master-Community in Gwadar.

The China Pak Investment Corporation acquired GDA approved International Port City, which is under application in GDA to be renamed to China Pak Hills. Together, they are developing Pakistan’s first Chinese built Master-Community. The master plan of the community has been redesigned by leading London based architect Vladimir Tchaly and will be a ground breaking development in Gwadar.

The announcement hails an exciting new phase in the development of the port of Gwadar, the ‘Gateway City’ to the $62 billion China Pakistan Economic Corridor (CPEC), the largest unilateral foreign direct investment from one nation into another. The CPEC is set to catapult Pakistan’s stature as a key global trade and economic hub and includes a bouquet of projects currently under construction that will not only improve Pakistan’s infrastructure, but will deepen the economic and political ties between China and Pakistan.

China Pak Hills is an unprecedented development project. With $500 million investment across 10 million square feet, China Pak Hills is set to become the most prime square kilometer of real estate in Gwadar, and potentially securing the city’s position as the most important Port City in the World from both an economic and geopolitical perspective.

Spanning over 10 million sqft across 3 phases, China Pak Hills will be the first development of its kind in Gwadar. A mixed-use gated development tailor-made for Chinese professionals in Gwadar, it will offer an all-encompassing lifestyle to live, work and play, with a host of facilities that will set the benchmark of future developments including:

  • The Gwadar Financial District
  • A shopping mall and multiplex cinema
  • A state of the art medical centre
  • Gwadar’s first Chinese temple
  • International School & Nursery
  • State of the Art Fitness Centre
  • Over 50% open space with 20 community parks

China Pak Hills is being developed as a joint venture company China Pak Investments Ltd with construction partners Top International Engineering Corporation(TIEC), a Chinese state-owned company and the fourth largest construction company in China.

The press conference began with a video showcasing the vision for China Pak Hills. Using CGI images of the proposed development the team took the audience through a journey that brought the project to life.

Jian Zheng of China Pak Investment Corporation spoke about the relationship with TIEC and the opportunity that the One Belt One Road investment by the Chinese government offers Pakistan and particularly the Port City of Gwadar:

“China’s policy to unite emerging economies grappling similar aspirations towards development will some day soon, transform nations like Pakistan into developed economy status. This vision has driven the partnership of The China Pak Investment Corporation & Top International Engineering Corporation to develop China Pak Hills formerly known as International Port City with the Gwadar Development Authority.”

Vladimir Tchaly of ARUM Architecture the design consultancy appointed by CPIC spoke about the vision and creativity that the design team offer and how these will be translated into a contemporary development for a community of over 10,000 residents.

Stuart Reid, COO of One Investments Ltd says of the landmark project: “China Pak Hills is a unique and exciting opportunity. The level of investment and commitment made by the Chinese government in the CPEC guarantees that Gwadar is going to be one of the most important trading and access points in the World. Its geographic position, combined with the infrastructure being created through the CPEC means that it can only grow exponentially.”

The first phase of construction of China Pak Hills, which will commence early in 2018, with a ground-breaking ceremony, will see the start of construction.

Attendee’s at Press Conference

From China Pak Investment Corporation

  • Jian Zheng – Chief Operations Officer
  • Dawei Li – Spokesperson

From ONE Investments

  • Stuart Reid – Chief Operations Officer

From Arch Angle – Urban Design & Planning Consultants

  • Vladimir Tchaly

From Addison Khan Solicitors – UK Legal Consultant

  • Moshiur Mian
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