FIABCI-Phils. holds Asia-Pacific summit in Manila

FIABCI — Philippines, the Philippine chapter of the International Real Estate Federation, more popularly known by its French acronym — FIABCI, shall be hosting the FIABCI Asia Pacific Regional Summit on November 10 and 11, 2006 at Hotel Intercontinental Manila, Makati City.

The FIABCI Asia Pacific Regional Summit is chaired by Dato’ Alan Tong Kok Mau (FIABCI 2005-2006 World President) and will be participated in by real estate industry leaders from the 11-member countries in the region, namely, Australia, India, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan, Thailand, and Vietnam. FIABCI is a worldwide federation of more than 100 real estate professional organizations and 1.5 million real estate professionals in more than 60 countries spread over the Americas, Asia-Pacific and Europe-Africa-Near East. Established in 1951 and based in Paris, France, FIABCI holds a special consultative status at the United Nations on matters pertaining to real estate.

With the globalization of the real estate market, FIABCI has long focused on real estate market indicators for investment across the countries comprising the membership of FIABCI.

As host of the summit, and pursuant to its vision, FIABCI-Philippines shall take full advantage of accessing the FIABCI network in order to match our local industry players with FIABCI developer-leaders in the Asia Pacific region who may be looking beyond their own borders to try to realize higher returns by taking advantage of unique opportunities in our local market. The Philippine investment forum slated on November 11, 2006 shall start with a Philippine situationer on the Philippine’s Investment Hotspots and Growth Corridors by FIABCI Philippines President Bobby Sy followed by perspectives on areas for urban growth and renewal in the Philippines entitled "Postcards from the Future" by FIABCI Philippines Chairman of the Board, Arch. Jun Palafox. NEDA Director General Romulo Neri shall talk on the Philippines’ Infrastructure Flagship Projects for investment while PEZA Director General Lilia B. de Lima shall present the PEZA Ecozones for investment. Philippine Tourism Authority Chairman Robert Dean S. Barbers shall present the areas for tourism preferred investments. Philippine Retirement Authority Chairman, Gen. Edgardo Aglipay shall present the investment opportunities in the Philippine retirement industry while Dr. Ernesto Ordonez shall present the current status of the Phiippine’s efforts to jumpstart the retirement industry in the Philippines.

FIABCI-Philippines shall also maximize this unique network privilege by accessing the experience of Malaysia and Singapore on real estate investment trusts (REIT) and that of Australia, Malaysia and Thailand on the retirement industry, in the hope that our country, through our local real estate developers and concerned key government agencies, can learn from the experiences of our Asia-Pacific industry players. For more information, please call 299-3888 or visit www.fiabciphilippines.com.