IFC, a member of the World Bank Group, awarded its first EDGE (Excellence in Design for Greater Efficiencies) resource efficiency certification in Viet Nam to building designs being developed by Nam Long Investment Corporation and FPT City Da Nang joint stock company.
EDGE is a new building resource efficiency certification system created for emerging markets. It provides clients with technical solutions for going green and captures capital costs and projected operational savings.
“The EDGE system makes a strong business case for resource efficient building, where financing and environment can come together,” said Wendy Werner, World Bank Group’s Practice Manager for Trade & Competitiveness for East Asia and the Pacific. “We hope more of Viet Nam’s building developers will adopt the EDGE system once they learn of the benefits of certification.”
Nam Long Investment and FPT City Da Nang are the first companies to achieve EDGE certification for a building project in Viet Nam, where the building sector consumes up to 36 per cent of electricity and contributes to the country’s 12 per cent annual increase in greenhouse-gas emissions – one of the highest growth rates in the world.
Covering an area of 5.9 ha, FPT City Da Nang JSC’s office complex in the central city is expected to accommodate 10,000 employees in the next two years. Recognised as an environmentally-friendly and energy-saving complex by the Ministry of Construction, the six-storey building will have a solar-powered heating system and generator that can produce 12KWh of solar power daily.