06 October 2017
The Apprentice is now back on our screens, but one of its former candidates – Zeeshaan Shah from series 9 – is trying to prove that ‘he's the one that got away’ by securing a major international property contract.
ONE Investments, the international property investment company owned by Shah, has been appointed as Global Master Sales & Marketing Agents by investment house China Pak Investment Corporation. As a result, ONE Investments will now be responsible for the 3.6 million square foot International Port City project in the city of Gwadar, Pakistan.
The project, the first of its kind, will be a ‘$150 million gated master community’ designed to house the anticipated 500,000 incoming Chinese professionals expected in Gwadar by 2022.
The development, expected to be renamed China Pak Hills when it is fully open, is the latest phase in the regeneration of Gwadar, a port city on Pakistan's south-western coast. It is seen as a key link between the two countries and has been hailed as “The Gateway City” to the $62 billion China Pakistan Economic Corridor (CPEC). The CPEC is currently the biggest unilateral direct foreign investment from one nation to the another and is seen as vitally important to the future prosperity of both countries.
In fact, the CPEC is expected to give a significant boost to Pakistan's standing as a key global trade and economic hub. A number of similar projects are underway to improve Pakistan's infrastructure and increase the economic and political ties between China and Pakistan.
“Securing the deal to represent this huge new development is a major step forward in our growth,” Shah said of the appointment. “The partnership between China and Pakistan is set to take Pakistan to a new level as a global player. The development in Gwadar is a true milestone for the city and will secure its position as one of the world’s most important ports.”
He added: “I am glad to be at the forefront of the development of investment into Gwadar which is poised to be one of the fastest growing cities of the world in the years to come. We've attracted hundreds of millions in Foreign Direct Investment into London and Dubai's property market and hope to replicate this success with Gwadar and help transform the city’s landscape.”
ONE Investments was founded by Shah in 2012. He took part in the 2013 version of The Apprentice and was the fifth person to be fired by Lord Sugar