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FIABCI President Farook Mahmood Discusses Several ‘City Prosperity’ Initiatives at FIABCI-WUF9 in Kuala Lumpur

 

Bengaluru: At the recently concluded World Urban Forum (WUF) 9, a non-legislative technical forum convened by the United Nations Human Settlements Programme (UN-Habitat), at Kuala Lumpur recently, Mr. Farook Mahmood, President, FIABCI met with several world leaders in the field of realty and infrastructure development to discuss various PPPP: Public-Private-Partnerships-People possibilities under the City Prosperity Initiatives (CPI) a partnership between FIABCI AND UN, for a number of international cities, including India.

Speaking on these discussions, Mr. Farook Mahmood, President, FIABCI and Chairman and Managing Director, Silverline Realty, says “FIABCI International has offered to take the lead in the CPI. Cyberjaya in Malaysia, around 20km from Kuala Lumpur has agreed to be a part of these international surveys that will help in infrastructural build-up. Cities such as New York, Dubai, Barcelona, Mexico and Manila have all expressed similar interests”.

Mr. Farook met with The Minister of Housing Mr. Hardeep Singh Puri, Additional Secretary of Housing Mr. Rajiv Ranjan Mishra and Chairman & Managing Director of Hudco Mr. Ravi Kant at the WUF9 Kuala Lumpur discussing the possibilities of implementing the CPI in India. Among the other dignitaries that Mr. Farook interacted were The Prime Minister of Malaysia Dato’ Sri Najib Razak and Executive Director of UN-Habitat Datuk Maimunah Mohd Sharif and other dignitaries.

The event also introduced the FIABCI City Prosperity Initiative – Perceptions Index (CPI-PI), an online tool to capture people’s perceptions on the progress of their city in becoming more inclusive, secure, resilient and sustainable. The CPI-PI uses six dimension of prosperity and sustainability: productivity, infrastructure development, quality of life, equity and social inclusion, environmental sustainability and urban governance. If offers recent and reliable opinions from the public and experts on their vision, thoughts and feelings on the sustainability, well-being, integrated development and prosperity of their city.

This program includes results from pilot applications in Taichung City, Taiwan and Cyberjaya, Malaysia. The program will also present The City We Need is Affordable Vol II, a book outlining successful large-scale affordable housing development projects from every region in the world.

About FIABCI

FIABCI was founded 68 years ago and is headquartered out of Paris. FIABCI is a business network of real estate professionals worldwide. FIABCI provides access and opportunity for real estate professionals interested in gaining knowledge and conducting international Real Estate business. It has Members in 65 countries, including 100 Professional, 1 million associate members Associations, 65 Academic Institutions, 3,000 Individual Members and will be a million associate members shortly.

FIABCI has four world councils: 1) World Council of Developers/Investors 2) World Council of Brokers 3) World Council of Experts 4) World Council of Managers.

The FIABCI World Prix d’Excellence Awards recognizes the best real estate projects around the world. World Prix d’Excellence Awards is the Oscars of the Real Estate industry and developers from India have participated and won awards and recognition.

FIABCI is the most representative organization of the real estate industry in the world and holds special consultative status with the Economic and Social Council (ECOSOC) of the United Nations.

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