Manama : The Bahrain International Property Exhibition (BIPEX) has announced the launch of its 11th edition which will be held from November 1 to 3 at the Bahrain International Exhibition & Convention Centre in the capital.
The three-day event is being held under the patronage of Shaikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister of the Kingdom of Bahrain. The announcement of Bahrain’s premier real estate exhibition was made yesterday at an event held in The Four Seasons, Manama.
BIPEX 2018 will showcase the critical role of the Kingdom’s economic diversification by highlighting its major achievements in infrastructure, real estate, leisure projects and the pipeline of competitively valued and attractive offerings.
In its last ten editions, the exhibition has served as a platform to promote the region’s major infrastructures and real estate projects and as a bellwether of the real estate industry in Bahrain. BIPEX has also launched their Forum Series earlier this year.
The 2018 BIPEX Forums, will centre around the theme of “Building Communities, Developing Bahrain” and focus on the key sectors that empower the creation of a “community” under the themes of Education, Healthcare, Housing and Transport.
Speaking on the occasion, Mohammed Khalil Alsayed, Chairman of the Organising Committee for BIPEX said: “The new real estate regulatory environment unveiled for the Kingdom, is another step to provide stability to this sector.”
“Due to this, it is more than likely that the field will be left open only to serious players. It is important to appreciate that after a period of transition and adjustment, the price-levels could be on a steady growth path into the immediate future. It would not be unreasonable to say that the best time to enter the market is now,” he added.
Also speaking at the Conference, Dr Dheya Tawfiqi, President of the Bahrain Society of Engineers added: “According to the latest reports, the value of the present and future real estate projects exceeded 30 billion Bahraini Dinars in Bahrain only. These figures are increasing, which is an indication that the real estate market plays a significant role in the economies of the region, and also reflects the role of engineer and the engineering establishments in contributing in this direction.”
The Bahrain Society of Engineers (BSE) is tasked with organising and presenting each BIPEX event in Bahrain.