Business

KARACHI: Lamudi Pakistan has said that the China Pakistan Economic Corridor is already reaping dividends despite still being under construction, claiming that the mega project is driving a real-estate boom in Pakistan.

“The Belt and Road is great for the country, already thousands of jobs have been created for Pakistani people and with greater transport infrastructure between north and south this will have a positive effect on real estate,” said Saad Arshed, managing director of Lamudi Pakistan—the online property portal. “Travel distances between Kashgar and Lahore will be reduced and similarly Kashgar to Karachi, this will encourage buyers to search in alternative locations,” he said.