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Sunday, December 13, 2009

RI developers to join FIABCI property competition

Antara News, Saturday, December 12, 2009 22:16 WIB

Jakarta (ANTARA News) - Eight national developers have been selected to represent Indonesia in a world property competition to be held by the International Real Estate Federation (FIABCI).

"We selected eight developers out of 34 nominees for 11 categories," Pingki Pangestu, organizing committee chairman of FIABCI Indonesia - BNI Prix d`Excellence Award, said here on Friday.

The eight developers would take part in the international contest to be organized coinciding with the 61st FAIBCI World Congress to be themed "Save the World: Green Shoots for Sustainable Real Estate", Pangestu said.

Chairman of the Indonesian Real Estate Association (REI) Teguh Satria who is concurrently president of FIABCI Indonesia, said it was about time for Indonesia to be active in international property contests.

Except for Bali, Indonesia was hardly known internationally, he said.

The 61st FIABCI World Congress and the world property contest will be organized at Nusa Dua, Bali Province, from 24 to 28 May 2010.

Indonesia would be hosting the international contest for the first time, while Malaysia had already done so 27 times.

The selected eight Indonesian developers are Bekasi Timur Regency, Jakarta Garden City, Grand Orchard, Apartment

Mediterania, The Pakubuwono Residence, 6. The Residence, Alam Sutera and Gedung Menara Karya.

FIABCI is represented by chapters in 48 countries. It communicates in five official languages, namely English French German Japanese and Spanish.

FIABCI is a non-political entity whose objective is to help its members add an international dimension to their businesses. FIABCI helps members acquire knowledge, develop networks and optimize business opportunities all over the world.

The organization has a business club of real estate professionals in 60 countries and groups or federations of 100 national real estate associations.

FIABCI is special consultant with NGO status to the Economic and Social Council of the United Nations Organization (ECOSOC).

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