(Manama, Bahrain) – The 12th Edition of the Bahrain International Property Exhibition (BIPEX) was officially inaugurated by H.E Sheikh Khalid bin Abdullah Al Khalifa, Deputy Prime Minister yesterday at the Bahrain International Exhibition and Convention Centre. The opening welcomed visitors that included local prominent Bahraini community members, investors, and VIPs within the real estate sector. Post the grand opening, general attendees flocked to the new edition show with the first day reaching up to 1,500 visitors.
The opening revealed 45 prominent local and national exhibitors, and highlighted luxurious developments worth Billions of dollars in Bahrain in addition to investments. VIP attendees and prominent community leaders took a tour of the projects being displayed at the exhibition show.
Exhibitors and sponsors included Strategic Partner Tamkeen, Prime Sponsor Bin Faqeeh, Strategic Sponsor Diyar Al Muharraq, Signature Sponsor One Bahrain Bay by Kooheji Developments, Diamond Sponsors Dilmunia, Naseej, Urban Planning & Development Authority, and Cebarco Bahrain and KP Real Estate as Gold Sponsor. Other exhibitors included Benayat, Riffa Views, Trafalgar Properties LLC, Daaem Real Estate Development, Park Point, Al Qaseer Investment & Property Development, Kadi Properties, Brixwell construction, Herald Land Real Estate Brokers LLC, Bahrain Real Estate Association, D.G Jones & Partners M.E. WLL, BAPDA, Association of Engineering Offices, MSCEB, Ayadi Relief, and the smart sustainable Urbanism Lab.
Additionally, visitors had the opportunity to visit the newly revealed interior space launched in the opening day as well. IKEA Bahrain, a Gold Sponsor of the exhibition, displayed an innovative and experiential space which provided consultations, in addition to showcasing creative, designer and luxury products for home and commercial spaces.
This year’s special platform will connect investors, builders, buyers, innovation transformation leaders, and shared crucial insights on the region’s Real Estate sector. The 12th edition will host a 2-day conference with 7 sessions running through out till December 9th. The sessions will address the critical changes and shifts happening in the GCC real estate market, and the kingdom. 20+ speakers including CEOs, developers, real estate professionals and institutions discussed various topics targeted towards developers, homeowners and tenants as well.
Dr. Dheya Tawfiqi, President of the Bahrain Society of Engineers stated “On behalf of the Bahrain Society of Engineers, I would like to thank H.E Shaikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister of the Kingdom of Bahrain for his support for the growing real estate sector and his continued patronage for the exhibition. The new edition sheds light on the real estate sector in the region, the numerous changes to the sector’s regulatory framework, and infrastructure. The Bahrain Society of Engineers have participated and hosted a myriad of exhibitions in the Kingdom of Bahrain. BIPEX 2019, and the previous editions add a tremendous value to Bahrain's real estate sector, and continuously shows the indications that the real estate market plays a significant role in the economies of the region. As a the only Professional engineering association in Bahrain, we focus our efforts on the industrial development and modernization of Bahrain.”
Chairman of BIPEX, Mr. Mohd Al Sayed commented “We remain indebted to H.E. Shaikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister of the Kingdom of Bahrain for his continued patronage of BIPEX and for his invaluable guidance in all our activities. On behalf of the organizing committee of BIPEX organisers, I extend my gratitude to the sponsors and exhibitors for reposing their confidence in us for the 12th year running.”
He added, “This year, the platform is bigger and better. Not only do we have leading prime sponsors and exhibitors showcasing their developments, but we are also connecting all the leading developers in a successful forum to have futuristic conversations with solutions for the challenges addressed. Our efforts will help reshape the real estate market in Bahrain and deliver the right image to the regional and global audience. Our presence should not be limited to this market but also to several others.”
The 12th edition of BIPEX is organized by Bahrain Society of Engineers, established in 1972 as a professional voluntary non-profit organization. It is the premier body representing engineering professionals in the Kingdom. BIPEX is an annual event that brings together major Bahraini real estate investors, development companies, financial institutions, legal institutions and consumers to showcase projects, reach and discuss and make decisions in an open environment.
BIPEX is the perfect stage for investors, builders and buyers to discuss the difficulties facing the industry. It also provides analysis that result in timely solutions and suggestions for a more profitable future. At the same time, developers get a golden opportunity to weigh the demand and provide finance, legal norms, taxation and returns on investment information to buyers. The Bahrain Society of Engineers (BSE) is the premier body representing engineering professionals in the Kingdom. The BSE is tasked with organizing and presenting each BIPEX event in Bahrain.
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© Press Release 2019