The Real Estate and Construction Expo (RECON EXPO 2023) remains the leading exhibition on housing, construction and environment in Nigeria. It is designed to promote the economic interest of participants and advance the economic development of Nigeria through private and public Sector Investments in Housing, Infrastructure and a safe environment.
RECON Expo is an annual real estate event organised by RECON EXPO Ltd, Shelter Aid Ltd, and Afrinex West Africa Ltd in conjunction with the Abuja Chamber of Commerce and Industry, Real Estate Developers Association of Nigeria (REDAN), with support from the Federal Ministry of Housing, Federal Mortgage Bank of Nigeria (FMBN) Federation of West African Chambers of Commerce and Industry (FEWACCI), West African Ceramics Ltd (Royal Ceramics) Tata – John Deere Group and a host of other public and private sector organizations. The expo has recorded huge successes in the past six editions and we look forward to an even more successful event this year.
RECON Expo 2023 with the theme, “Stimulating National Economic Growth Through Real Estate Investment, Infrastructure and Technology”, is intended to drive more investment into real estate, construction and other sectors alike. It will feature exhibitions, conferences, Business to Business (B2B), Business to Government (B2G), and business networking. Exhibitors will have the opportunity to showcase, promote, and sell their products and services while participants will have the opportunity to buy housing, building materials and mortgages at Discounted Rates, and also network and explore new business, and investment opportunities in addition to learning new building technologies through our training and enlightenment programs.
The real estate sector is not just a very important sector of any country’s economy, it is the economic engine of the world and responsible for driving economic growth. Real estate becomes the core when it comes to building cities, towns and communities development. This industry has built communities, created jobs and incomes, and increased families and national wealth. Also talking about globalisation, real estate is an essential component because property development companies invest in other countries to establish and maintain a global presence.
Real estate investment has over the years enhanced the economic development of countries like Brazil, Taiwan, the United Arab Emirates, China, Russia, Indonesia, and South Africa, to mention a few. The real estate sector in other climes contributes hugely to Gross Domestic Product. In the United States of America and the United Kingdom, you have contributions of 18 to 20 per cent to GDP. In Nigeria, statistics indicate that housing contributes a meagre percentage of about 0.5 per cent.
This is why the annual RECON Expo continued to create awareness for people to tap into the benefits embedded in the real estate sector and invest in it for both economic and social considerations
RECON 2023 provides an array of real estate opportunities for people in the housing sector. It is where construction companies realtors, mortgage brokers, home appliance vendors, carpenters, interior designers and the like connect to leverage available opportunities in the real estate business. RECON allows you to learn about government support and incentives and allows you to connect with certified realtors. Also, there will be a launch and presentation of different products after which the Buyers-Sellers Forum which will allow buyers to purchase these products at discounted rates will commence.
The three-day Expo scheduled from 21st- 23rd November 2023 is expected to have over 150 exhibitors and 20,000 participants from various parts of Nigeria and across the world. It is open to real estate developers, investors, mortgage bankers, building materials suppliers, professionals and practitioners in the real and construction industry, the diplomatic communities, MDAs, NGOs, Associations, Professional Bodies, Trade Unions and the public.
The 7th edition of RECON is intended to discuss how to stimulate economic growth through investment in real estate, infrastructure, safe environment and technology. It will also promote local production of building materials, present new investment opportunities create jobs for youths and support the federal government’s efforts at attracting more direct foreign investment into the country. It will also seek to provide the solution to our over 22 million national housing deficit while exploring ways to reduce the cost of building and improving access to land.
We understand the importance of the media and we urge you all, our media partners to share this information with the public and let them know that attendance is free and open to everyone who wishes to attend.
Thank you and God bless!
Dr Johnson Anene
Chairman, RECON