Key takeaway: The company's green and sustainable development programme, run by Eco World Development Group Bhd, will provide funding for the properties it develops.
The business today inked a Memorandum of Understanding with Public Bank Bhd to offer clients its unique sustainable financing programme for the acquisition of EcoWorld properties that have received green certifications from the Green Building Index, GreenRE, and other accreditation bodies.
The offer is a component of Public Bank's green initiatives, which aim to motivate people and organisations to adopt eco-friendly practises and reduce their carbon footprints.
According to Public Bank's Green 5HOME Plan and Green SWIFT Plan, it covers the financing of both residential and non-residential assets.
For customers looking to upgrade the sustainability aspects of their homes with eco-friendly and energy-efficient appliances, fixtures, and fittings, attractive features offered include discounted pricing, fast lane approval, and a financing option.
Datuk Chang Khim Wah, president and CEO of EcoWorld, expressed his company's pleasure at collaborating with Public Bank to encourage their respective clients to embrace sustainability in their homes, places of employment, and daily lives.
Eco Grandeur, Eco Business Park V (EBP V), and Laman Haris (Settler Home Precinct) are EcoWorld's most comprehensive representations of the company's sustainability objectives to date, according to Chang, from an environmental, economic, and societal perspective.
Chang expressed his gratitude to Public Bank for helping EcoWorld during the nearly two-decade-old abandoned site's construction.
Following the project's abandonment by the original developers, social justice issues were also addressed when Eco Grandeur successfully completed and handed over 987 landed units to the original residents of the land who had waited more than 20 years for their dream homes.
© August 2022, EcoWorldGroup on Facebook