Mr. Ismail Ersahin, Executive Director and CEO of WAIPA, participated in the MIPIM held in Cannes, France on 20th of March.
Speaking at the Networking Breakfast, organized by Real Asset Media and Fingar Direct Investment, Mr. Ismail spoke of the relationship between real estate and FDI. He highlighted the impact FDI inflows can have on real estate and its prices and the resultant increase in demand for assets in general.
Furthermore, it was pointed out that even infrastructure projects like real estate need capital and FDI is an important source in many such ventures.
Mr. Ismail also spoke of the importance of IPAs in this space and how they can support both investors as well as projects that require capital. Since covid-19, IPAs have continued to play a significant role in the FDI landscape by digitalizing their services and better engaging with potential investors. IPAs are thus stated to be vital for the infrastructure sector as for any other sector of the economy.