Engineer Basem bin Yaqoub Al Hamer, Minister of Housing, confirmed that the Gulf Real Estate Exhibition has become an important annual event for all parties related to the real estate sector in the Kingdom of Bahrain at the governmental and private levels, praising the diversity of fields offered by the exhibition, which deals with the sectors of construction, real estate and interior design.
The minister said that the generous sponsorship of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of this exhibition enhances his role and importance in serving the real estate sector in the Kingdom, and that this sponsorship comes within the framework of His Highness’ interest in economic recovery and the return of life to normal after the Corona virus pandemic. , by organizing those important events that contribute to enriching the economic movement in the Kingdom.
The minister said that the Ministry of Housing and the "Eskan Real Estate" company owned by the Housing Bank come within the framework of the policy of introducing the housing efforts provided by the esteemed government to citizens, and promoting social housing projects offered by the Housing Bank in the various governorates of the Kingdom, given that the bank is a major partner in the plans and programs of the Ministry of Housing. Aiming to diversify the options for citizens to obtain the appropriate housing service as soon as possible.
The Minister also indicated that the participation of the Ministry and the Housing Real Estate Company in the exhibition acquires additional importance in light of the trend towards expanding in giving the private sector a major role in providing housing services to citizens, through the programs and initiatives that the Ministry intends to offer during the next stage, in addition to the existing initiatives, noting that That this comes within the axis of providing innovative housing solutions included in the housing plan.
Regarding the content of the Ministry’s pavilion and the housing real estate exhibition, the minister said that the pavilion reviews the efforts of the esteemed government in implementing Bahrain’s housing cities, which formed a cornerstone in the plan to provide 40,000 housing units. The Housing Real Estate Company is also presenting the second phase project of Danat Al Seef, which is One of the company's residential and commercial projects, and it serves the beneficiaries of Mazaya Program and other housing finances provided by the Ministry of Housing, as well as reviewing plans to complete the construction of Bahrain's housing cities, including the sites designated for investment within the housing project development program on government lands.