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Gamuda Land wins award for environmental rehabiliation

Released at: 08:48, 02/05/2018 BUSINESS SPOTLIGHT

Gamuda Land wins award for environmental rehabiliation

Mr. Cheong Ho Kuan, Gamuda Land Vietnam Chairman (L) at the event (Photo: Gamuda Land)

Award for Hanoi project announced at FIABCI World Prix d' Excellence 2018 in Dubai on May 1.

by Van Chi

Gamuda Land’s maiden township development project, located in the south of Hanoi, clinched the World Gold Award for Environmental (Rehabilitation / Conservation) at the FIABCI (an annual international conference run by the International Real Estate Federation) World Prix d’ Excellence 2018, which took place at the Jumeirah Emirates Towers (in Dubai) on May 1.

“We are truly honored to receive this renowned award for Gamuda City,” said Mr. Ngan Chee Meng, CEO of Gamuda Land. “Receiving the award is testament to our principles in developing townships, of ‘listening to what the land has to tell us’. When we work closely with nature to restore and rejuvenate the land, we create a better place for the community to call home.”

The environmental rehabilitation of Yen So Park and Yen So Lake remains a remarkable turnaround story that has transformed one of Hanoi’s most polluted and inhospitable areas into a thriving green lung. What was once a shunned wasteland of untreated sewage and physical rubbish in the south of Hanoi is now a picturesque parkland of scenic lakes, lush greenery, and abundant flora and fauna.

“When we first came here about ten years ago, the absence of a proper sewage system in Hanoi had resulted in the contamination of its waterways and lakes and created growing concern about public health and the need for better water management practices,” Mr. Ngan said. “Backed by our credible experience and expertise in drainage and wastewater treatment projects, a proposal was made to the government of Hanoi to build the Yen So Sewage Treatment Plant (STP) as well as to rejuvenate Yen So Park in exchange for land development rights.”

Today, the Yen So STP manages and treats up to 200,000 cu m of wastewater discharge daily. Since beginning operations it has brought an effective solution to the pollution problem in the Set River - Kim Nguu River in Hanoi.

Gamuda Land’s rehabilitation efforts have also delivered immense socioeconomic benefits to south Hanoi, effectively addressing chronic wastewater and sewage issues and various health hazards.

The rejuvenation of Yen So Park has also repositioned south Hanoi as an attractive location vis-à-vis the north, which was historically a better-favoured location for development and dwellings. Gamuda Land’s mindful planning and rejuvenation of Yen So Park has restored the land to its natural beauty, resulting in an environment conducive to further development and investment in the area.

“What is most heart-warming for us is to see thousands of Hanoians enjoying the park’s facilities, especially on weekends,” said Mr. Ngan. “When we listen to the land in this way, it allows us to create a place where biodiversity thrives and the community can grow up and grow old in for generations to come.”

FIABCI World Prix d’Excellence recognizes projects that best embody excellence in all the real estate disciplines involved in their creation. It has bestowed awards to deserving projects and developments in 60 member countries and has undoubtedly created a great reputation. Already in its 27th year, the awards have gained recognition as the “Oscars” of the real estate industry, and according to the organizers is “more than just a beauty contest - it represents projects that are a cut above the rest.”

The Environmental (Rehabilitation/Conservation) category judged contenders based on architecture, design and planning, sustainable construction methods, environmental impact, and community benefits, among other criteria.

For more information about Gamuda City projects, please call the hotline on 0902 178 088 or visit www.gamudacity.com.vn.

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