MANILA, Philippines - Businessmen in Cagayan de Oro have expressed hope not only their homegrown beauty queen will catch the world’s attention, but the bustling economy of this city as well.
Italpinas Development Corporation Chairman and COO Romolo Valentino Nati, an Italian Architect, said the spotlight on newly-crowned Miss Universe Pia Alonzo Wurtzbach has led businessmen to believe rays of opportunities will also shine brigther for this Misamis Oriental capital city.
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.