Bahrain’s Deputy Premier Shaikh Khalid bin Abdullah Al Khalifa emphasized that the development process initiated by the Government covers all aspects of development and urbanization and opens wider horizons for investment in the real estate sector specifically in the light of Government inclination towards increasing the private sector’s share in the development process.
The Deputy Premier made these remarks as he inaugurated the 1st Bahrain Property Development Exhibition (BaPDEX2012) organized by the Bahrain Property Development Association (BaPDA) at the Seef Mall.
The Deputy Premier toured the Exhibition pavilions and viewed the products of 15 specialized property development firms and exchanged conversations with exhibitors.
The Deputy Premier expressed his admiration of the exhibition which offers priceless opportunity for promoting property services and increase aspects of investment in this vital sector.
The Deputy Premier asserted that the exhibition indicates the increasingly growing on the part of the Government in the real estate sector and constant contribution with supportive tools and facilitation in order for the real estate sector to contribute into our national economy.
The Deputy Premier pointed out that the exhibition reflects the status of increasingly growing cooperation between the public and private sectors especially in the housing sector in which the Government presided over by HRH the Prime Minister is so much interested.
The Deputy Premier congratulated the chairman and members of the Bahrain Property Development Association (BaPDA) on the occasion of successful organizing of the first property development exhibition and wished them all success and best of luck.