Real estate has become the focus of foreign investment
Pakistan has a rather generous policy on foreign investment. With the influx of a large number of foreign funds, lucrative and high-return real estate has quickly attracted the attention of foreign investors. Large numbers of companies in the Gulf countries that hold huge oil dollars are eyeing the Pakistani real estate market and many of them have entered this area by forming joint ventures with local companies. In addition, many companies in Thailand, Singapore and other places also showed their strong interests and came to inspect them one after another. Pakistan and China have already started a five-year economic and trade cooperation framework. To speed up economic development, Pakistan has identified some important areas including real estate as Chinese investment targets. In recent years, Chinese enterprises have invested in real estate projects in Pakistan as well. According to the media reports, about 20 Chinese companies said they would invest in the recently proposed H...