16 - 17 April, 2012, Grand Hyatt Muscat, Oman
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Affordable Housing Middle East Report by Jones Lang LaSalle
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Substantial discounts offered for group and corporate table bookings. Email us now at enquiry@iqpc.ae or call us on +971 4 364 2975.
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Although the awareness of “affordable housing” in the Middle East has rapidly increased over the past 5 years, we are still faced with a huge amount of unmet demands from the lower income households across the region, especially in Oman, resulting from insufficient supply from both governments and private developers. However, there are some traditional property stewardship practices, and physical and financial forms that can be reinterpreted in modern forms to achieve greater affordable housing access.
The Ministry of Housing in Oman has established goals to be followed in implementing its plans and programmes for the housing sector, including:
In order to achieve these goals and to link areas with each other, the ministry takes into account a set of norms and standards, including the density of population, housing needs, social variables and potential economic developments, as well as the hierarchy of residential dwellings.
The Affordable Housing Development Summit Oman 2011 addressed the challenges of implementing and designing affordable housing programs and developments. The four-day event featured a distinguished list of speakers and attracted the participation of delegates from within Oman and from other countries worldwide. Several regional governments have earmarked affordable housing development schemes as a key priority, due to exponential population growth and the previous focus on luxury housing. The Affordable Housing Development Summit Oman has united these governments with major developers, investors, banks and financial institutions, contractors, solution providers and international specialists to formulate strategies and source solutions and innovative services to address the increasing need for affordable housing developments.
This Affordable Housing Development Summit Oman 2012 programme will showcase MENA governments strategies in developing affordable housing projects, financing options and incentives to attract private investors, the regulatory and legal framework required to ensure successful projects development as well as innovative design and construction technologies to build affordable housing projects within budget.
IQPC has established itself as the No.1 regional partner for the affordable housing development community. Following a series of successes in organising affordable housing development events in Oman, Bahrain, Saudi Arabia, India and South Africa.
Oman Affordable Housing Development Summit 2012, will bring together public and private project industry leaders to address mechanisms required to sustain this sector and achieve its objectives, and explore the latest solutions and strategies to attract private investments.
During four- days of innovative content, senior-level participants will be provided with the unique opportunity to learn from ministries, real estate developers and financiers who have successfully implemented low-cost and middle income housing programs in the region and beyond.
This is the only event in Oman showcasing high-level keynote presentations, interactive panel sessions and international case studies that address the challenges of implementing and designing affordable housing programmes and developments.
Providing affordable housing continues to be a challenge within the current emerging Middle East market. Governments within the region are seeking exceptional development frameworks, strategies and legislation toward creating and sustaining affordable housing . We are looking forward to this summit as we hope that the brainstorming sessions through the four days of innovative content and exchange of knowledge will boost the partnership and concentrate efforts of regional strategic leaders, thus assisting us to reach necessary targets.
It is largely felt that this summit is not only timely for Bahrain itself but for the entire region which is now on the verge of tremendous reform. The agenda successfully addresses all of the strategies necessary for successful reform; development, legislation, financing and above all, partnership. We are very pleased with the way theAffordbale Housing Ssummit in Bahrain has been structured and look forward to a fruitful event
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