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Bipex enjoys the patronage of Shaikh Khalid.

Top developers at Bahrain property expo

MANAMA, October 20, 2015

Leading developers and real estate companies from across the region will be showcasing their key projects at Bahrain International Property Exhibition 2015 (Bipex) which will be held from November 5 to 7.

To be held under the patronage of Deputy Prime Minister Shaikh Khalid bin Abdulla Al Khalifa, the exhibition is back this year with greater focus and vigor thereby paralleling the growth and prosperity of the Kingdom’s economy, said the organisers, Bahrain Society of Engineers (BSE).

According to BSE, the event had become a landmark occasion in the real estate industry’s calendar of events.

Its significance in the community is immeasurable considering its status as a much-needed platform where people from all divisions of the property sector can network, discuss and ultimately invest in structuring the future, it stated.

On the expo, Mohammed Khalil Alsayed, the BSE chairman, said it comes at the right time for the benefit of the people as well as the Kingdom.

“I am deeply optimistic about Bipex 2015 as I believe it is a timely event that showcases a key component of Bahrain’s economy that benefits the players as well as investors and the general public,” he stated.

In its statement BSE said: “Although it is impossible to overlook the vast efforts and commitment of the Bahrain Society of Engineers, the participation and investment of privately owned real estate companies alongside the contribution of public works projects are crucial elements to the success of Bipex.”

The society also alluded to the prominence of the recent economic growth of Bahrain as the main driving force behind the renewed interest and confidence in the investment of the country, it noted.

BSE said government infrastructure spending is boosting the momentum of the non-oil sector and helping drive the economic growth rate to 4.5 per cent year-on-year in 2014.

These elements point to a proactive and forward-looking government that has been able to maintain the growth momentum by adopting cyclical expansionary fiscal policie, it added.-TradeArabia News Service




Tags: Bahrain | Developers | property expo |

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