Italpinas Development Corporation (IDC) stamped its class in the country’s real estate sector and corporate world after becoming the first Philippine company to secure the International Finance Corporation (IFC)World Bank Group-Excellence in Design for Greater Efficiencies (EDGE)Certification. IDC earned the IFC-EDGE mark for its groundbreaking Primavera Residences Tower A and Tower B project in Cagayan de Oro City (CDO). IDC’s flagship project – Primavera Residences, a new twin tower condominium project in CDO’s Pueblo de Oro Township is the First Complete Condominium Project in East Asia Certified by EDGE.
By Iris Gonzales | The Philippine Star
MANILA, Philippines – Italpinas Development Corp. has bagged an International Finance Corp. (IFC) certification for the energy efficient design of its 10-story twin tower Prima-vera Residences.
In a briefing yesterday, Italpinas said the Primavera Residences in Cagayan de Oro City is now the first completed condominium building in East Asia certified under IFC’s Excellence in Design for Greater Efficiencies (EDGE) program.
By Doris Dumlao Abadilla | Philippine Daily Inquirer
MORE property developers are seen embracing environmental sustainability features, with about 20 percent of all new construction in the Philippines likely to be certified as “green” developments in the next five years.
This is what the World Bank’s private sector arm International Financial Corp. (IFC) hopes to see with the introduction to the local market of EDGE – which stands for “excellence in design for greater efficiencies” – a simpler and more affordable accreditation system for developers to reduce energy and water consumption in their buildings while lowering greenhouse-gas emissions.
By Krista A.M. Montealegre | Senior Reporter, Business World
PROPERTY DEVELOPER ITALPINAS DEVELOPMENT CORP. INTENDS TO SECURE “GREEN BUILDING” CERTIFICATION FROM THE INTERNATIONAL FINANCE CORP. (IFC) FOR ALL ITS PROJECTS IN AN EFFORT TO SET ITSELF APART IN THE CROWDED REAL ESTATE MARKET.