MANAMA: Real estate projects worth more than BD2 billion are being showcased by leading Bahraini and Gulf real estate development companies at the Bahrain Property Development Exhibition (BaPDEX 2018), which opened on Monday.
Works, Municipalities Affairs and Urban Planning Minister and Real Estate Regulatory Authority (Rera) deputy chairman Essam Khalaf opened the five-day exhibition at the City Centre Bahrain, said a Bahrain News Agency report.
The third edition of BaPDEX 2018 is organised under the patronage of the Survey and Land Registration (SLRB) president Shaikh Salman bin Abdulla bin Hamad Al Khalifa.
The minister pointed out the key role of the companies in encouraging real estate investments and support the national economy.
He added that the construction projects reflect the interest of His Majesty King Hamad to achieve national economic well-being, noting the government’s programmes, led by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa, which focus on boosting the non-oil sectors, including the real estate sector.
He paid tribute to the support of the Co-ordination Committee, chaired by Deputy King His Royal Highness Prince Salman bin Hamad Al Khalifa, for enhancing the role of non-oil sectors.