USAID execs visit CDO

Representatives from the United States Agency for International Development (USAID) recently toured the facilities Primavera Residences, a green, mixed-use condo complex developed by ItalpinasEuroasian Design and Eco-Development Corp. (ITPI) in Cagayan de Oro City, as part of the agency’s Investment Enabling Environment (INVEST) Project. ITPI is a FilipinoItalian property development firm specializing in sustainable architecture and design, and its first project is in Cagayan de Oro City,one of the only three Philippine cities visited by USAID to promote economic growth in key areas across the Asia Pacific region through the INVEST Project. The other cities are Batangas and Iloilo. USAID officials headed by mission director Gloria Steele and assistant administrator for Asia Denise Rollins were given a quick tour of Primavera Residences, which highlighted the green features of the building. ITPI’s projects are supported by the CTI Private Financing Advisory Network (CTI-PFAN), which is a funding partner of USAID. Primavera Residences is the only condo property in Cagayan de Oro visited by USAID. “USAID has been one of our active supporters and we are pleased to be a part of this visit and share with them our innovative approach on sustainable development, said ITPI executive chairman and CEO Romolo V. Nati. Primavera Residences is an eco-friendly twin-tower 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. Its exterior walls also have cantilevered edges that provide shade and minimize the amount of direct sunlight that hits its windows. Because of its green features, it recently won in the 2014-2015 Asia Pacific Property Awards for Best Mixed-Use Development in the Philippines, given in Malaysia. 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.