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Wednesday, May 20, 2015

Malaysia to host 66th FIABCI World Congress

Malaysia will host the 66th FIABCI, the French acronym for the International Real Estate Federation, World Congress for the second time in a decade at One World Hotel in Kuala Lumpur on 26 May.

Themed “Urbanization: Perils or Prosperity”, the event will see over 1,000 delegates from 48 countries gather together to deliberate on how sustainable cities can cope with the stress of urban living.

The annual world congress will see Malaysia-born Maha Sinnathamby, chairman of Springfield Corporation, a successful developer in Australia, share insights on building sustainable cities Down Under.

Belinda Yuen, a senior research fellow from the Lee Kuan Yew Centre for Innovative Cities at Singapore’s University of Technology and Design, will discuss smart urban development, while Taiwan’s former Mayor of Taichung City, Jason Hu, will share how he helped transform Taichung into a model sustainable city.

In welcoming delegates, FIABCI World President Robyn Waters said there is much to learn from Malaysia which is experiencing rapid real estate growth.

“Malaysia offers FIABCI World Congress attendees a unique opportunity to learn first-hand about urbanization and dynamic real estate markets and how they handle this growth,” she said.

Meanwhile, FIABCI Malaysia president Tengku Abdul Aziz Tengku Mahmud said the event will not be a “talk shop” but a gathering of experts who are concerned about the future of real estate development.

“FIABCI is recognised as a NGO for expert views on real estate by the United Nations,” he said, noting that this year’s theme is most appropriate particularly for a developing country like Malaysia which is witnessing rapid urbanisation.

The United Nations’ World Urbanisation report showed that over 50 percent of the global population presently live in townships and is forecasted to reach 70 percent by 2050, said Tengku Abdul Aziz.

“Hence, urbanisation is an important and crucial issue to be discussed.”

Aside from public forums and conferences, the congress will also feature the FIABCI World Prix d’Excellence Awards whose gala night will be held on 30 May.

According to award ceremony organising committee chairman Yeow Thit Sang, among the world property award winners were Malaysian developers, showing that Malaysian property developments were acknowledged not only for being eco-friendly, but also for their high quality and design.

“These world property awards are held in high esteem in the international arena and is similar to Hollywood’s own version of its Oscar,” he said.

Notably, Malaysian developers excelled in building quality residential property developments and to date, have clinched 52 world awards since 1975.

Farah Wahida, Editor of PropertyGuru, wrote this story. To contact her about this or other stories email farahwahida@propertyguru.com.my

(Source From propertyuguru.com.my)
 
Link From:
http://www.propertyguru.com.my/property-news/2015/5/95170/malaysia-to-host-66th-fiabci-world-congress

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