Introduction

China has started developing a new city close to Karachi. This massive initiative will bring new homes, hospitals, factories, and transport systems to the area. More than $5 billion is expected to be spent across several projects here.

The key developments include the Karachi Coastal Development Zone, a healthcare city planned in Dhabeji, and a large industrial area being set up on the old land of Pakistan Steel Mills. All these developments are part of the China-Pakistan Economic Corridor (CPEC), which is helping Pakistan improve its roads, ports, energy, and economy.

Karachi Coastal Development Zone: A New Seaside City

Nearly $3 billion is being invested into the Karachi Coastal Development Zone (KCDZ) project by China. This project will turn the area along the Karachi coast into a modern urban zone. The new zone will have tall buildings, offices, green parks, and smart technology. The port area will also be improved so that more trade and business can happen through the sea.

This new seaside city will make Karachi more attractive to national and international investors. The land and house prices around the seaside are already increasing. This area will be the best option for individuals who prefer to live or do business in Karachi.

Medical City in Dhabeji: A Healthcare Hub

A city focused on health and medicine is being developed within the Dhabeji Economic Zone.  This will cost around $1 billion and will feature new hospitals, labs, medical schools, and accommodation for doctors and nurses.

This medical city will benefit the surrounding areas of Dhabeji and Thatta as well. The inhabitants there will receive improved health facilities. It will also generate more jobs and create the need for more houses, shops, and schools. Real estate activity in these regions is already beginning to expand.

Industrial Zone on Pakistan Steel Mills Land

The land where Pakistan Steel Mills used to be is also being changed into a new industrial park. This land is about 1,500 acres in size. It will have factories, storage spaces, offices, and housing areas. The government hopes this area will help businesses grow and provide new jobs.

Located close to Port Qasim and Steel Town, these places had remained quiet for years. But now, due to this plan, they are becoming important once again. As the industries come in, more people will migrate to settle and work in these places which will result in more houses, shops, and services.

CPEC: The Big Picture

All these projects are included in the China-Pakistan Economic Corridor (CPEC), a long-term strategy between Pakistan and China. It started in 2015 and has roads, railways, energy projects, and trade routes. The purpose is to enhance Pakistan’s economy and make it grow faster.

Due to CPEC, many new Special Economic Zones are being established. These zones offer special assistance to industries, such as tax reductions and simpler regulations. This attracts foreign investors. Areas like Gharo, Thatta, Bin Qasim, and Korangi Creek are seeing new projects as transport and energy services improve.

Digital Property Tools: Facilitating Buyers

With everything that is happening, it can be difficult to know where to invest for buyers and investors. That’s why websites and apps of digital properties are proving to be quite handy. These help individuals make smart decisions while purchasing land or houses.

These tools also protect buyers from scams and fake listings. In a fast-changing market like Karachi, having the right information can make a big difference.

Conclusion

China’s big plan to build a new city and improve nearby areas is changing Karachi’s future. With more than $5 billion being spent, projects like the coastal zone, the health city in Dhabeji, and the new industrial park are bringing fresh energy into the region.

These projects will generate employment, enhance services, and bring in more investment. As part of the larger CPEC project, they are making Pakistan stronger in trade and economy. For those interested in purchasing property or opening a business, this is the time to consider Karachi and its surroundings. Great changes are on their way, and those who start early will benefit the most.