Organized by Bahrain Society of Engineers (BSE), BIPEX is being held at Bahrain International Exhibition and Convention Center and will be open for three days, the last day being tomorrow.
BIPEX has attracted a record 96 participants from Britain, Portugal, India, Philippines, the United Arab Emirates, Kuwait, Oman, Saudi Arabia, Qatar and Jordan in addition to those from Bahrain, compared to 70 exhibitors last year.
A. Majeed AlGassab, BSE president, said: "I would like to express my gratitude to Sheikh Khalid for the invaluable support he's always extended toward holding of this landmark exhibition.
"The manner in which the government has been formulating and implementing key regulations to attract foreign investments that contribute to the socioeconomic development of the kingdom is truly commendable. BIPEX is today among the leading exhibitions where buyers and sellers from around the globe meet to maximize investment opportunities.
Mohammed Khalil Al-Sayed, BIPEX organizing-committee chairman, said: "For the first time in its five-year history, the show has had to increase its exhibition area to 8,700 square meters, from last year's 6,000, to cater for the growing demand from exhibitors and participants."
The show, supported by the Bahrain Chamber of Commerce and Industry, is expected to surpass last year's achievement, when over $38 billion worth of real-estate assets were displayed to over 12,000 visitors.
One of the major highlights of BIPEX is the interactive technical Property seminar, a novel initiative providing technical details on finance, taxation and legal norms to potential investors.
Source - Zawya [24 October 2008]
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