Gulf and Brunei’s Investors Eyeing Pakistan’s Real Estate Market

Pakistan has become a priority market for investors from Brunei and Gulf regions and currently many companies from the Middle East and ASEAN countries are looking to enter Pakistan’s booming real estate sector. This was said by Adnan Iqbal, Chief Coordinator of UAE-based Real Estate and Investment Pakistan Expo (RIPE), which is going to be held in Sharjah on December 8 and 9, 2017. Pakistan’s Federal Minister for Housing and Works Akram Khan Durrani has also shown his willingness to personally participate in the mega event.

Holding a one-to-one meeting withMohsin Sheikhani, Chairman, Association of Builders and Developers of Pakistan (ABAD), Iqbal said this year’s edition of Real Estate & Investment Pakistan Expo (RIPE) will be one of the largest real estate exhibitions in the region and will be participated by Pakistan’s leading real estate developers, builders and commercial landlords. Being held at the Expo Centre Sharjah next month, the two-day international exhibition will also bring together a host of international financiers and foreign direct investors eager to tap into Pakistan’s ever-growing real estate market, Adnan Iqbal added.

Pakistan has emerged as a transit trading hub thanks to the China-Pakistan Economic Corridor (CPEC), the flagship project of China's Belt and Road Initiative (BRI). Therefore, a large number of real estate investors have a great interest in buying properties here at Gwadar that forms the crux of the CPEC project as the city happens to be the link between China's BRI and Maritime Silk Road projects.

Mohsin Sheikhani, Chairman, ABAD, appreciated the RIPE’s mega real estate fair and said the ABAD, as well as the rest of the small, medium and large-sized real estate companies from Pakistan will fully participate in the upcoming exhibition in the UAE. He said ABAD has been playing a crucial role in helping local builders and developers showcase their building and development projects at the international level simply by participating in droves in various international exhibitions and forums. Among the leading companies that are participating in the upcoming RIPE’s exhibition are Taloo Builders & Developers, Orient Developers, Athar Marketing, Dupak Developers, Trust Deal, Anchor City Gwadar and many others