The Philippines has been chosen for the first time as venue for an international property summit next year on the back of constant economic growth and strong real-estate market.
The Paris-based Federation Internationale des Adminstrateurs de Biens et Conseils Immobiliers (FIABCI) is set to stage it’s 71st World Congress at the Marriott Convention Center from May 26 to 30, 2020.
This was announced by Dr. Reghis M. Romero II and Arch. Nestor Mangio, chairman and president of the Philippines chapter of the FIABCI, respectively.
Romero said their mother organization has picked the Philippines due to its “fastest-growing economy and real-estate sector in Asia.”
He added that FIABCI-Philippines can help make the 2020 World Congress “an unforgettable experience, definitely showcasing the hospitality that Filipinos are known for.”
The event is also timely to the election of FIABCI-Philippines Chairman Emeritus Florentino Dulalia Jr. as president of this world body.
“Dulalia will formally assume the presidency of FIABCI International during the world congress, making it the first time for a Filipino to hold the reins of this huge global industry organization established way back in 1951,” said Romero, who is also the chairman of the 2020 FIABCI World Real Estate Congress.
Themed “Urban Revolution,” the five-day event mirrors the various developments now taking place in the country.
“The same phenomenon is happening in the different regions of the Philippines right now, driven by the proliferation of BPO offices, commercial and industrial hubs, and the rise of master-planned residential communities in the provincial suburbs around Metro Manila and the regional centers in the Visayas and Mindanao, bringing about the so-called next-wave of emerging cities like Laoag, Vigan, Puerto Princesa, Zamboanga, Balanga, Lucena, Iloilo, etc., which have demonstrated the ability to generate employment, sustain a healthy work force, make effective use of land and provide the necessary support infrastructure,” Mangio said.
Part of the conclave is a conference featuring the who’s who in the international construction and real-estate industries, such as global speaker Daniel Watch of Harvard University, Global Design Director Anthony Cuthbertson of Topshop London and Roland Schnizer of Foster + Partner UK; as well as the country’s top developers like Megaworld President Kevin Tan and Robinsons Land Corp. President Frederick Go, among others.
The topics to be discussed are the future and leadership in real estate, township and urban development, digital technology’s huge role in transforming cities, insights on the current and looming prospects of the industry, and its many challenges.
Other congress activities include leadership training sessions, exhibits, general assembly, board and professional meetings, and such ticketed events as the Prix d’ Excellence, Medal Holders Dinner, International Young Members Party, Study/Social Tours and the Gala/Farewell Dinner, each generating business networking opportunities on a global scale for local participants.
FIABCI is an international real-estate federation of more than 2,300 members in 70 countries.
It’s local chapter, FIABCI-Philippines, has members from the various sectors of the construction and real estate industry, including the academe.