Representatives from the United States Agency for International Development (USAID) recently toured the facilities of Primavera Residences, a green, mixed-use condo complex developed by Italpinas Euroasian Design and Eco-Development Corp. (ITPI) in Cagayan de Oro City as part of the agency’s Investment Enabling Environment (INVEST) Project.
Featured in The Philippine Star, 7 July 2014.
Italpinas Euroasian Design and Eco-Development Corp. (ITPI), a Filipino-Italian property development firm specializing in sustainable architecture and design, has joined the region’s project developers and clean energy experts in the upcoming 9th Asia Clean Energy Forum (ACEF) 2014. Organized by the Asian Development Bank (ADB), US Agency for International Development (USAID) and World Energy Council, the forum starts from June 16 to 20 and aims to gather policy makers and clean energy experts to share the best practices in the industry. ITPI’s chairman and CEO Arch. Romolo V. Nati is slated to share his own experience on sustainable development on June 19. The forum will be held at the ADB Headquarters in Mandaluyong City.
ACEF 2014 will cover panel discussions, plenary sessions and deep dive workshops on various topics such as off-grid renewable energy, innovative approaches to clean energy projects, as well as the challenges facing the industry today. The fourth day of the forum will include a session on sourcing finance for clean energy projects by SMEs. The session is organized in partnership with the Private Finance Advisory Network (PFAN), a global organization initiated by the Climate Technology Initiative (CTI) that helps promising businesses find funding for clean energy projects.
ITPI’s first project, Primavera Residences, a green mixed-use development in Cagayan de Oro, will be presented as a case study during this session. The company’s development projects are supported by CTI-PFAN in partnership with USAID and ADB.
“CTI-PFAN has been one of our active supporters and we are pleased to be a part of this session and share with the audience our innovative approach on sustainable development as well as the challenges we faced when we started our projects,” said Nati.
Primavera Residences is an award-winning, eco-friendly condo complex located in Uptown Cagayan de Oro. Its green features include photovoltaic solar panels that will be fitted on the building’s rooftop to produce its own energy. Because of its green features, it recently won in the 2014 Asia Pacific Property Awards for Best Mixed-Use Development in the Philippines. In 2010, the property was cited by CTI-PFAN as one of the promising clean energy investment opportunities in the Philippines during the Philippine Clean Energy Investor Forum.
To know more about Primavera Residences, visit www.primaveraresidences.com or call (088) 310-8173, 0917-7921078.
Officials from the United States Agency for International Development (USAID) visited Primavera Residences recently to check on the property as part of the agency’s Invest Project. As you know, Primavera Residences got its support from CTI-PFAN, which is a partner of USAID.
We have prepared a video slideshow of what transpired during the visit. Check it out below.
Green developer Italpinas Euroasian Design and Eco-Development Corp. (ITPI) reiterated its belief on the need for more sustainable developments in Cagayan de Oro in a recent talk with United States Agency for International Development (USAID) held at the function hall of Primavera Residences. ITPI is the developer of Primavera Residences, the first eco-friendly condo complex in Cagayan de Oro. Last June 7, USAID mission director Gloria Steele, assistant administrator for Asia Denise Rollins and other representatives of the agency visited Primavera Residences as part of its INVEST Project, which seeks to promote economic growth in Cagayan de Oro through investment opportunities.
USAID is an American government agency that provides economic and development assistance to countries around the world. Its funding partner is the Climate Technology Initiative-Private Financing Advisory Network (CTI-PFAN), which provided certification and technical assistance to Primavera Residences.
In his talk, ITPI chairman and CEO Arch. Romolo V. Nati stressed the company’s strong support for Cagayan de Oro as a wise investment opportunity as well as its interest in setting up projects in alternative locations. “We see Cagayan de Oro as a place with a growing opportunity for business. People can work and enjoy life here without going to Metro Manila. It is an ideal alternative location for investments,” said Nati.
“In ITPI, we always do things with the environment in mind. We think about sustainability and the social impact of all our projects and we hope other businesses do the same,” he added.
ITPI’s executive chairman Jose P. Leviste, Jr. was also in attendance and entertained questions from the audience. “As a USAID partner, we certainly benefited from the guidance and continued support of the agency in making our Cagayan de Oro project more viable for investment. Through this partnership, not only did our project boost its competitiveness but it also helped in making it more environmentally sound,” shared Leviste.
The USAID officials were given a quick tour of Primavera Residences and its green facilities led by ITPI VP and General Manager, Cheryll Barriga.
Primavera Residences is a two-tower, 10-storey mixed-use development in Uptown Cagayan de Oro with environment-friendly features. Its exterior walls are fitted with brise soleil shades that protect the windows from harsh sunlight during the hottest part of the day. Soon the building’s rooftop will also be equipped with photovoltaic solar panels to produce its own energy that will power its common areas. Because of these unique features, Primavera Residences won as Best Mixed-Use Development in the Philippines in the recently concluded 2014 Asia Pacific Property Summit organized by the prestigious International Property Awards.
To learn more about Primavera Residences, visit www.primaveraresidences.com or call (088) 310-8173, 0917-7921078.
Three important business accords were signed at today’s Batangas City business and investment forum, which was organized by the local government and business sector of Batangas City with the support of the United States Agency for International Development (USAID)
At the forum, dubbed “Let’s Talk Business: Invest in Batangas City,” memorandums of agreement (MOAs) were signed between Batangas City Mayor Eduardo B
Dimacuha and Philippine Azkals Dan Stephen Palami, Batangas State University Dr
Nora L
Magnaye and Atlantic Gulf and Pacific Company Ms
Cecile R
Batalla, and Department of Trade and Industry Undersecretary Nora K
Terrado and Cities of Batangas, Iloilo and Cagayan de Oro, represented by Batangas Mayor Eduardo B
Dimacuha, Iloilo City Mayor Jed Patrick E
Mabilog and Cagayan de Oro Mayor Oscar S
Moreno
The one-day event was held today, Dec
11, at the InterContinental Hotel Manila in Makati City
The signing of the MOAs indicated the success of the forum, which aimed to attract foreign and local investors to explore infrastructure, agriculture, tourism, and industry and manufacturing investment opportunities in Batangas city
Shown in the photos are Batangas City Mayor Dimacuha, Batangas State University Dr
Magnaye, Atlantic Gulf and Pacific Company’s Batalla, DTI Undersecretary Terrado, USAID’s Beck, Iloilo City Mayor Mabilog and CdO Mayor Moreno
Dr
Jose P
Leviste, PhD, ITPI’s non-executive chairman who was invited to attend the one-day business forum, brought with him to the forum the other ITPI officers Executive Chairman and CEO Architect Romolo V
Nati, President Atty
Jojo Leviste and Lorenz Ziller, Chairman of Multiplata Investment Group, an ITPI sales partner
Among Philippine cities, Batangas City is experiencing rapid growth due to improved employment and quality of life prospects, facilitated by excellent transportation networks, including an international port and accessible roads well-connected to nearby markets
Known as the industrial port city of the Calabarzon region, its average annual growth rate is 2
13 percent
