As part of His Majesty King Hamad bin Isa Al Khalifa's executive plan to accelerate housing projects to provide 50,000 new housing units s Ministry of Housing and Urban Planning, His Excellency Mr. Youssef Mohamed Bujiri, Chief Executive Officer of Baraq Al-Retaj Memorandum of Understanding between the Ministry of Housing and Urban Planning and Bragg Al-Retaj Real Estate Services, With a view to allocating vouchers for the Ras Hayyan village project in the southern governorate Wahati Project in Qalali district of Muharraq governorate at exclusive prices for the beneficiaries of the Housing Finance Program options.
On this occasion, Her Excellency Mrs. Amna bint Ahmed Al-Rumaihi, Minister of Housing and Urban Planning, affirmed that the memorandum of understanding between the Ministry of Housing and Urban Planning and the Baraq Al-Retaj Real Estate Services Company is part of the joint coordination and preparatory efforts for the conference and exhibition of innovation in the social housing Held under the auspices of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister from April 23 to 25 at the Bahrain World Exhibition Centre.
Al-Rumaihi commended the efforts of the Company in providing housing projects in various governorates of Bahrain and its desire to strengthen partnership with the public sector in providing real estate projects commensurate with the value of housing financing benefiting citizens.
The Minister said that the next phase will see more cooperation between the government and private sectors with a view to increasing housing projects in various governorates, thereby contributing to providing citizens with flexibility to choose the type, location and space of housing service that suits their needs.
For his part, Mr. Yusuf Mohamed Bujiri, Chief Executive Officer of Bragg Al-Retaj Real Estate Services, has paid tribute to the efforts of the Ministry of Housing and Urban Planning in providing housing services to citizens and to promote partnership with the private sector to diversify housing choices for the beneficiaries of the housing finance programme, He stressed that the company's endeavours to participate in the Ministry's efforts to enhance the supply of housing projects and units in the Kingdom, in order to achieve the desired aspirations.
Bujiri stressed that the company will offer during its dedicated pavilion at the Housing Finance Expo many access to housing on an immediate basis through projects to be displayed under the Housing Finance Programme, including the project "Ras Hayyan Village", and the apartments of the project "Wahati", which will be offered at prices commensurate with the value of housing financing, inviting visitors to visit the company's pavilion and take advantage of those offers.
It is worth mentioning that the Conference on Innovation in the Social Housing Sector brings together a selection of relevant parties locally, regionally and internationally The conference sessions will include exchanges of experiences on the most prominent designs and innovative techniques in construction, The private sector's investment opportunities for the development of the social housing sector, as well as the integration of society's requirements into the implementation of social housing programmes and services, and strengthening legal mechanisms and regulatory procedures in the social housing sector, as well as optimizing land areas to provide sustainable urban communities.
A number of ministers and officials from the government and private sectors from inside and outside Bahrain participate in the conference, as well as a selection of international speakers specializing in the social housing sector to enrich the conference's axes. The exhibition contains more than 30 pavilions for government agencies, commercial banks and real estate development companies. The exhibition will provide many residential projects available through the housing finance program.
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