Sustainability will attract more investors to PH

Pursuing sustainable initiatives, especially among property developers, could attract major global corporations to invest in the Philippines, said Filinvest Inc. Assistant Vice President for project development Paolo Ilusorio.
Pointing out the firm’s projects, Ilusorio said that Filinvest Alabang’s shift to a green agenda is attracting a set of multinational clients that are also interested in pursuing sustainability.
He added that Business Process Outsourcing (BPOs) organizations expressed interest in locating in Filinvest City because of its strong adherence to environmental sustainability.
Filinvest City recently received the prestigious 3-Star Rating for the Pilot Version of BERDE Districts (Building for Ecologically Responsive Design Excellence) by the Philippine Green Building Council, making it the first and only Central Business District (CBD) in the Philippines to achieve this remarkable feat.
The property was also previously awarded LEED Gold (Leadership in Energy and Environmental Design) by the US Green Building Council, earning recognition from local and international organizations for sustainable development.
Clifford Academia, vice president of operations, Lima Economic Estate, Aboitiz InfraCapital, also pointed out that multinational corporations prefer to locate in industrial zones practicing sustainable programs.
Academia added that the BPO sector, in particular, is interested in joining the green bandwagon by preferring to locate in the green-certified economic zones.