GREEN BUILDING SNAPSHOTS 2017 New1.… · BEAM Plus assessment. Existing buildings represent the...

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GREEN BUILDING SNAPSHOTS Founding Regional Partners

Transcript of GREEN BUILDING SNAPSHOTS 2017 New1.… · BEAM Plus assessment. Existing buildings represent the...

GREEN BUILDING SNAPSHOTS

Founding Regional Partners

market positioningmembership

certification

PROJECTSPONSORSHIP

training

events

quality assurance marketaccess for green solutions

capacity developmentsharing of latest trends

networking opportunity

thought leadership& influence

8359MEMBERS

4808CORPORATE

3551INDIVIDUALS

ASIA PACIFIC NETWORK

OUR GREEN BUILDING COUNCILS BENEFITS AS GBC MEMBERS

Australia IndonesiaHong Kong

Singapore

India

Korea

Malaysia PakistanNew Zealand Philippines

Sri Lanka VietnamChinese Taipei

Japan Kazakhstan

ASIA PACIFIC CHALLENGES & OPPORTUNITIES

of global ghg emissions are from buildings50% of emissions in major cities are from buildings

From WorldGBC’s Membership Survey 2016

regional challenges

2/3 of the world will live in towns & cities, mainly in asia16 of the world’s 28 megacities are in Asia

BY

20303/1

PUBLIC EDUCATIONLack of knowledge in sustainability & green buildings & how it affects them

regulatory supportLack of local regulation and support for sustainable construction

34%

of GBCs surveyed cited

CARBONREDUCTION

businesscase for

greenbuildings

HEALTHYBUILDINGS

GREENECONOMY

NET ZERO/ENERGYEFFICIENCY

CITYRESILIENCE

DISTRICTSUSTAINABILITY

ASSESSMENT

and opportunities...

ENGAGING SPECIFIERSParticularly in areas of green affordable housingand retrofitting

19%

of GBCs surveyed cited

11%

of GBCs surveyed cited

Professional Services(Architects, Engineers, Designers, Environmental Consultants, etc.)37%

HONG KONG GBC SnapshotKEY PRIORITIES

Construction Companiesand Contractors33%

Universities4%

Governments/Government Entities5%

Environmental NGOs, Associations and Professional Societies3%

State of the Market. Activities in buildings account for 90% of Hong Kong’s total electricity consumption, compared to a global average of 40%. This high level of energy consumption by buildings accounts for 60% of the city’s greenhouse gas emissions. Therefore, buildings play a crucial role in achieving new energy savings in Hong Kong, and become a indispensable part of Hong Kong’s master plan to combat climate change.

Each year, around 50% of new private sector projects registered for BEAM Plus assessment. Existing buildings represent the majority of the city’s building stock (42,000+ in private sector) and therefore possess the greatest potential for new energy savings.

KEY MARKET CHARACTERISTICS

7.3 $42,120 USD $46,685M USD 11.3%

Size of Population

(mio)

GDP per capita

(nominal)

Construction Market

(est)

Construction Market %

yoy growth

REGULATORY SUPPORT20302012

Building Energy Efficiency Ordinance

2011Certification by BEAM Plus

included as one of the prerequisites for the granting of

GFA concessions

Hong Kong'sClimate Action Plan

2030+

HKGBC will be focusing on greening existing buldings, through:• Developing a holistic approach that works closely with the government and the industry. • Strengthening efforts on BEAM Plus certification for existing buildings to reflect the actual building performance.• Building industry’s competence in areas including retro-commissioning.

KEY EVENTS

PROGRAMMES

• World Sustainable Built Environment Conference 2017 Hong Kong (1,800 delegates from 57 countries and regions)

• ACT-Shop (ongoing)• Hong Kong Green Shop Alliance (ongoing)• Hong Kong Benchmarking and Energy Saving Tool (HK BEST) (ongoing)• Hong Kong Green Product Accreditation and Standards (HK G-PASS) (ongoing)• Green Building Award (biennial)• Hong Kong Green Building Week (annual)• Green Building Competition for Schools (biennial)

BEAM Plus (Green Building Certification)HK G-PASS (Green Product)HK BEST Series (Energy Benchmarking)

List of CertificationsIMPACT

Green Buildings M2 Certified

12,000,000

Utilities2%

Public Bodies3%

Developers, Property Management and Facility Management12%

OPPORTUNITIES• Retro-commissioning for existing buildings• Data sharing for more energy saving opportunities• Collaboration between landlords and tenants• Further development of the market for green products and technologies

COMMUNICATiONS

1114 TOTAL MEMBERS174 Institutional940 Individual

Breakdown of Institutional Members only

13,9kemail

subscribers

19,8ksocial media

FOLLOWERS

40PUBLICATIONS

1,047Press

Mentions IN 2016

Building Product Manufacturers and Distributors29%

Developers, Construction Companies and Contractors16%

India GBC Snapshot

Universities and Technical Research Institutes7%

Governments/Government Entities1%

Environmental NGOs, Associations and Professional Societies2%

Others1%?

Professional Services(Architects, Engineers, Designers)26%

State of the Market. The construction sector in India is well poised for growth with existing buildings stock of 30 billion sqft and by 2040, another 50 billion sqft to be added. Current penetration of Green Buildings among the industry is about 5-6%, therein lies a huge opportunity to increase the share of Green Buildings in the years ahead, through adoption of Green Building concepts and technologies, many of which are already mature in the market today.

REGULATORY SUPPORT

2020

Reduce the emissionsintensity of its GDP by

20 to 25%

2010

Carbon Tax

2020

WorldGBC'sadvancing net zero

project

KEY PRIORITIES• 10 billion sqft of green footprint by 2020• Cost of Green Buildings to be on par with conventional buildings• Awareness and education amongst all stakeholders• Tapping of $300 billion Green Building market by 2025• Facilitate Government policies to encourage Green Building• Share green building concepts to Affordable Housing market

KEY EVENTS• Green Building Congress• Conference on Green Homes, Existing Buildings, Metro Rail, Schools, Landscapes and Green Products

PROGRAMMES• Green Healthcare• Green Cities• Existing Residential • Societies & Railways • World Green Building Week

IMPACT IGBC has currently 21 rating systems:New Buildings, Existing Buildings, Homes,Residential Societies, Interiors, Healthcare,Schools, Factory Buildings, Data Center, Campus, Villages, Townships, Cities, Existing Cities, SEZs, Landscapes, Mass Rapid Transit System, Existing Mass Rapid Transit System, Place of Worship, Affordable Housing, Railways

List of Certifications

Green Buildings M2 Certified

40,145,262

Utilities, Energy Service Providers, Energy Savings Companies3%

Investors and Financial Community3%

Tenants/Occupiers2%

Real Estate Agents, Property Management and Facility Management10%

OPPORTUNITIES• Affordable Housing• Net Zero Certification & Buildings• 100 Smart & Green Cities• Green Product Certification• Green Railway Stations

COMMUNICATiONS

10,905Email

6,458SocialMedia

3,000PrintMedia

1,000Press

Mentions

TRAINING & OUTREACH EVENTS

75Events

900Attendees

2183TOTAL MEMBERS1961 Institutional222 Individual

KEY MARKET CHARACTERISTICS

1,130 $1,850 USD $126B USD 6.5%Size of

Population(mio)

GDP per capita

(nominal)*

Construction Market

(est)

Construction Market %

yoy growth

*http://statisticstimes.com/economy/gdp-capita-ranking-2017.php

Breakdown of Institutional Members only

INDONESIA GBC Snapshot

KEY MARKET CHARACTERISTICS

Building Product Manufacturers and Distributors23%

255.50 $2600 USD $32M USD 8.42%

Developers, Construction Companies and Contractors14%

Universities and Technical Research Institutes1%

Others30%?

17%

*http://statisticstimes.com/economy/gdp-capita-ranking-2017.php

162

Size of Population

(mio)

GDP per capita

(nominal)*

Construction Market

(est)

Construction Market % yoy

growth

REGULATORY SUPPORT

2012Governor Decree for

Green Building implementation in

Jakarta

2016‘30:30 Commitment’

to reduce carbonemissions of up to 30%

by 2030.

2015

KEY PRIORITIES• Promote best practices and engage more green building champions through publications and business case reports. An example is the health and well-being survey.

• Focused on increasing collaboration with th government, to support existing regulations for green buildings and in Indonesia’s INDC commitment.

PROGRAMMESEco Office, in collaboration with Ministry of HealthHealthy Cities assessment, collaboration with Ministry of Internal Affairs and HealthGrand Design Jakarta City, to raise awareness for Green Buildings

IMpact• Greenship New Building• Greenship Existing Building• Greenship Interior Space• Greenship Homes• Greenship Neighbourhood

List of Certifications

Green Buildings M2 Certified

1,800,000

Utilities, Energy Service Providers, Energy Savings Companies9%

Investors and Financial Community1%

Real Estate Agents, Property Management and Facility Management6%

OPPORTUNITIES• Healthy buildings• Green product certification• Energy efficiency & renewable energy• Sustainable financing

COMMUNICATiONS

1,2kEmail

931,5kSocialMedia

5,3kPrintMedia

2kPress

Mentions

TOTAL MEMBERS115 Institutional47 Individual

TRAINING & OUTREACH EVENTS

125Events

7000ATTENDEES

National governmentthrough Ministry of Public

Work issued Minister Regulation02/PRT/M/2015

on Green Building

Professional Services(Architects, Engineers, Designers, Environmental Consultants, etc.)

State of the Market. Supported by favourable monetary policies, the residential and non-residential building market is expected to expand by average real growth rate of 8.1% p.a. between 2017 and 2026, outperforming the overall construction industry.

Under president Joko “Jokowi” Widodo’s ongoing $24B USD infrastructure development plan for roads, railways, power plants and water systems will be essential in unlocking new developments in major cities like Jakarta as well as undeveloped rural regions. Indonesia’s target for renewable energy is 22.5% from total national energy by 2025, up from the current 3%. Hence, it will be key for GBC Indonesia to work closely with legislators to tap on the growth and accelerate change in the industry.

Developers, Construction Companies and Contractors35%

Japan GBC Snapshot

Building Product Manufacturers and Distributors3%

Environmental NGOs, Associations and Professional Societies3%

Others21%?

Professional Services(Architects, Engineers, Designers)24%

34State of the Market. Energy consumption in buildings accounts for approximately 40% of energy related CO2 emissions in Japan. It is therefore crucial to reduce emissions from building sector to achieve Japan's contribution to global GHG reductions. Japan’s target by 2030 is approximately 40% GHG reduction in building sector.

JSBC (Japan Sustainable Building Consortium) works closely with IBEC (Institute for Building Environment and Energy Conservation) to lead and support various green building and building energy efficient programmes including the CASBEE rating system. CASBEE has covers from new to existing buildings, from landed residential homes, urban development to even city-level scale. JSBC’s focus is in its research and discussion scheme, with a broad network in the building sector which develops and improves CASBEE. JSBC’s current priority is on healthy and smart offices & homes which is now one of the highest concern in Japanese building community.

KEY MARKET CHARACTERISTICS

127 $34,388 usd $212b USD 0.3%

* http://statisticstimes.com/economy/gdp-capita-ranking-2017.php

Size of Population

(mio)

GDP per capita

(nominal)*

Construction Market

(est)

Construction Market %

yoy growth

Research Projects• CASBEE development and improvement• Researches on key themes on green buildings through joint research and outreach programmes e.g. energy efficiency, smart & healthy buildings

Utilities, Energy Service Providers, Energy Savings Companies15%

TRAINING & OUTREACH EVENTS

14Events

700ATTENDEES

TOTAL MEMBERS27 Institutional7 Individual

REGULATORY SUPPORT2010

Cap & Trade- Buildings

(Tokyo)

2012

Carbon Tax

2004

Local Green Building Programsusing CASBEE system

2017

Building Energy Code & Enforcement-Significance

enhancement

2020

Net zero Energy Building Targets

2030

Improved Net zero Energy Building Targets

key events• CASBEE Symposium (3x p.a.)• Green Building Forum - Symposium (3x p.a.)• Green Building Forum - Seminar (6x p.a.)

CASBEE Family for • New Construction (Buildings & Houses)• Market Promotion• Temporary Construction

Other CASBEE family• Cities• Local Programs• Heat Island Effect

Key Priorities

opportunity

• CASBEE system improvement and dissemination

• Green Building Forum (established in 2016) creates outreach opportunities to broader stakeholders

• Address key themes on green buildings through joint research and outreach programmes in Energy efficiency, smart and healthy buildings

• Government incentives and efforts by builders create significant increase in net zero energy housing construction

impact

Green Buildings M2 Certified19,999,148

List of Certification COMMUNICATION

12,000Email

Subscribers

Green Building Index• Residential• Non-residential• Hotels• Resorts• Retail

• Data centre• Industrial• Township• Interiors

• GBI Facilitator Course• GBI Professional Series &• CPD Seminars

State of the Market. As is the case with most countries within the region, the building and construction industry is very cautious in Malaysia with most big and medium players adopting a ‘wait and see’ stance. The fact that this is an election year is not helping either. The bright side to the slowing economy is that many industry players are planning and building capacity with the anticipation of an upturn in the market in the near future.

MALAYSIA GBC Snapshot

KEY MARKET CHARACTERISTICS

certifications

Building Product Manufacturers and Distributors30%

30.33 $10.426 USD $38.63B USD 7.5%

Developers, Construction Companies and Contractors4%

Universities and Technical Research Institutes12%

Environmental NGOs, Associations and Professional Societies5%

Others2%?

Utilities, Energy Service Providers, Energy Savings Companies1%

Real Estate Agents, Property Management and Facility Management1%

45%

* http://statisticstimes.com/economy/gdp-capita-ranking-2017.php

532

Size of Population

(mio)

GDP per capita

(nominal)*

Construction Market

(est)

Construction Market % yoy

growth

REGULATORY SUPPORT2017 2025

Malaysian Standard MS 1525 2014

45% Carbon Intensity Reduction

OPPORTUNITIES

COMMUNICATiONSKEY EVENTS

TRAINING & OUTREACH EVENTS

IUSGB IGEM2017

PROGRAMMES

List of Certification

Green Buildings M2 Certified

17.5 Million

Better developer acceptance of green buildingsOccupant awareness of benefitsPositive response from specifiers

15TRAINING

3019ATTENDEES

866GBI FACILITATORS

34SESSIONS

500Email

4491SocialMedia

20Press

Mentions

10EVENTS

TOTAL MEMBERS127 Institutional405 Individual

Professional Services(Architects, Engineers, Designers)

Key PrioritiesWe have modified our sponsorship outreach to smaller and niche events and intend to increase the number of events to cover greater ground, giving greater awareness whilst aligning to the needs of our industry players in this current circumstance.

We have stepped up our efforts in marketing our Green Pages Malaysia directory, slated to be out by January 2018 by offering discounts to repeat customers. This will be our 5th edition. The market has responded well thus far and we aspire to explore an international clientele so as to encourage cross border trade of green building products, thus giving better options to the industry.

We have adopted 2 themes in our upcoming IUSGBC IGEM2017 international conference, October 11 & 12, which we feel are the most crucial in promoting green buildings currently; business case for green buildings and health and wellbeing in workplaces. As is evident, we have taken the cue from the WorldGBC, recognising the fact that the awareness of these themes can give industry players the edge they need.

With Malaysia GBC being the Regional Vice Chair for Asia Pacific Network, we aspire to engage our industry players who have gone beyond our borders to build green wherever their projects might be, especially in countries that are not members of the WorldGBC.

pakistan GBC Snapshot

Building Product Manufacturers and Distributors34%

Developers, Construction Companies and Contractors4%

Universities and Technical Research Institutes12%

Professional Services(Architects, Engineers, Designers)48%

558State of the Market. With our recently launched green building certification system, we are prioritizing working with government to achieve recognition as the central body for green building and product certification. We are partnering with the government on developing a comprehensive energy efficiency criteria to include in public sector building projects, and conducting workshops and outreach programmes with 12 education institutes as well as capacity building seminars and forums on building green with industry professionals.

We also launched the Green Excellency Awards in 2016 to recognise efforts by industry players such as architects, engineers, developers and building product companies, and raise awareness of the new green building guidelines.

REGULATORY SUPPORT

2000

Pakistan EnvironmentalProtection Regulations

2015

INDCs adopted as partof COP21 commitments

KEY PRIORITIESGreen building guidelines preparatorytraining course Launch green building and products certificationsFocus on outreach and capacity building e.g certified PGBC professionals programmes &LEED AP training

Housing renovation is an underutilized opportunity: Housing market consumes 47% of total energy produced with possible improvements of 25% from current baseline

Commercial retrofit opportunities: Commercial buildings consume 7.8% of total energy produced with possible improvements of 18% from current baseline

Job creation opportunities: Due to the current energy crisis, there is an opportunity for job creation in managing and optimizing energy consumption within buildings new contractor companies emerging to cater for Green Building projects & focus on enhancing skilled labor

KEY EVENTSPakistan Green Build Expo

Pakistan Green Building Guidelines (PGBG) BD+C (launched in Oct 2016)& LEED

List of Certificationsimpact

Green Buildings M2 Certified

966,757

Utilities, Energy Service Providers, Energy Savings Companies5%

Investors and Financial Community2%

Tenants/Occupiers7%

OPPORTUNITIESEnergy efficiency due to national energy crisis Water crisis driving adoption for high efficiency solutions in major citiesHousing demandBuilding & construction companies competing regional

COMMUNICATiONS

33,500Email

9,434SocialMedia

15Press

Mentions

TRAINING & OUTREACH EVENTS

100Events

15,000attendees

TOTAL MEMBERS58 Institutional500 Individual

KEY MARKET CHARACTERISTICS

188.9 $1,142 USD $271B USD 13.1%

* http://statisticstimes.com/economy/gdp-capita-ranking-2017.php

Size of Population

(mio)

GDP per capita

(nominal)*

Construction Market

(est)

Construction Market % yoy

growth

State of the Market. The Philippine Green Building Council (PHILGBC) is the largest green building initiative in the Philippines. PHILGBC is a national not-for-profit organization that promotes the sharing of knowledge on green practices to the property industry to ensure a sustainable environment.

As an alliance of national leaders from both the public and private sectors, PHILGBC takes lead in ensuring that industry designs, builds and operates buildings in an ecologically and economically sustainable manner that will pave the way for the Filipinos to live, work in safe, healthy and productive environments.

PHILIPPINES GBC Snapshot

KEY MARKET CHARACTERISTICS

OPPORTUNITIES

IMPACT

Building Product Manufacturers and Distributors49%

103,726,400 $3,102 USD 7.1%

Developers, Construction Companies and Contractors22%

Others2%?

Real Estate Agents, PropertyManagement and Facility Management9%

Professional Services(Architects, Engineers, Designers)18%

* http://statisticstimes.com/economy/gdp-capita-ranking-2017.php

293

Size of Population

(mio)

GDP per capita

(nominal)*

Growth in number of Constructions in 1Q17 vs. 1Q16

collaborative work with government

House of Representatives - Senate and Congress - policy papers on bills for green building, responsible tourismDepartment of Energy - Philippine Energy Efficiency Project in partnership with Asian Development BankDepartment of Energy - APEC Low Carbon Model Town Department of Science and Technology - Technical Working GroupDepartment of Trade and Industry - Bureau of Philippine Standards - Technical CommitteeClimate Change Commission - Nationally Appropriate Mitigation Actions (NAMA)Local Government Units - Green Building Policies

Additional 434 rooms added to existing stock (1Q17) for Metro ManilaAs of Feb 2017, Foreign Tourists Arrivals in the PH reached 1.21Million up by 10.9% y-o-y

IN COMMERCIAL

HOTEL/TOURISM

Offshoring and ousourcing remains to be key demand driversAverage vacancy rate remains low across Metro Manila at 4%

IN RETAIL

Retail stock expands by approximately 34,700 sqm with the completion of 2 retail developmentsThe positive performance of the Philippine economy is expected to drive retail market

KEY EVENTS

TRAINING & OUTREACH EVENTS

Power Breakfast - Inspiring GreenWorld Green Building Week 2017Annual Conference, with the WorldGBC APN Year-End meetingPHILGBC 10th Year Anniversary Gala Product SpotlightCEO Breakfast Forum

Building Green

Green Building M2 Certified

BERDE is the Philippines’ National Green Building Rating System, recognized by the Philippine government through the Department of Energy’s Philippine Energy Efficiency Program - Efficient Building Initiative.

1,063,251 sqm.

42TRAININGS

464PARTICIPANTS

TOTAL MEMBERS11 sustaining members293 corporate members

Investors and Financial Community1%

State of the Market. There is increasing appreciation and market support for green buildings as the socio-economic benefits of green building continue to proliferate. Aligned with our national commitment to reduce emissions by 36% as well as to green 80% of Singapore’s existing building stock by 2030, SGBC has introduced a number of initiatives to help green the building stock, help the industry build capability in the areas of responsible sourcing, sustainable building practices and adoption of sound green building solutions.

As the bulk of Singapore’s existing building stock is undergoing the greening process, there is tremendous opportunity for deep energy efficiency retrofits and the incorporation of green building design and technology.

singapore GBC Snapshot

KEY MARKET CHARACTERISTICS

Building Product Manufacturers and Distributors55%

5.535 $40,075 USD $18.9 b USD 2%

Developers, Construction Companies and Contractors18%

Universities and Technical Research Institutes2%

Governments/Government Entities2%

Environmental NGOs, Associations and Professional Societies2.5%

Professional Services(Architects, Engineers, Designers)11%

* http://statisticstimes.com/economy/gdp-capita-ranking-2017.php

480

Size of Population

(mio)

GDP per capita

(nominal)*

Construction Market

(est)

Construction Market %

yoy growth

REGULATORY SUPPORT2008

Environmental Regulation – New Buildings

20192016

impactBCA Green Mark SchemeSingapore Green BuildingProduct CertificationSingapore Green BuildingServices Certification

List of Certification

Green Buildings M2 Certified

89,000,000Total Green33%

CommercialResidentialIndustrialPublic

13%30%29%23%

Utilities, Energy Service Providers, Energy Savings Companies6%

Tenants/Occupiers1.5%

Real Estate Agents, Property Management and Facility Management1% COMMUNICATiONS

4,000Email

500SocialMedia

4,000PrintMedia

14Press

Mentions

TRAINING & OUTREACH EVENTS

400TRAINED

3,200Attendees

TOTAL MEMBERS100% Institutional

key prioritiesAlong with the growing demand for green solutions and innovations, SGBC is developing the market in the following ways: • Work with both the public and private sector for a comprehensive approach towards greening of the existing building stock • Raise building achievement standards towards higher performance and net zero • Strengthen outreach beyond the building sector and work with affiliated sectors: •    Manufacturing •    Furniture • Real Estate Agencies • Advance technological innovations through the Singapore Smart Nation Initiative • Generate increased awareness of sustainability in the greater community

Programmes•    Better Places for People Tenant Outreach Programme • Green Schools Initiative •    Zero Capital Partnership Scheme for EE•    Integrated Carbon Footprint Assessment Reporting Essentials (i-Care) Course•   Registered course organiser for managing continuing education for professionals

Environmental Regulation – Existing

Buildings

Singapore’s INDC to UNFCCC

Vietnam GBC Snapshot

Building Product Manufacturers and Distributors37.7%

Developers, Construction Companies and Contractors7.2%

Environmental NGOs, Associations and Professional Societies2.9%

Professional Services(Architects, Engineers, Designers)44.9%

KEY PRIORITIES• Support local governments in green

building policy support

• Encourage major developers to have

at least a green building pilot

• Encourage large tenants to adopt green

building practices in HR and workplace strategy

• Increasing public awareness of

environmental issues

List of CertificationsIMPACT

Green Buildings M2 Certified

239,467

Investors and Financial Community4.3%

Real Estate Agents, Property Management and Facility Management2.9%

KEY MARKET CHARACTERISTICS

94.9 $2215 USD $11.3 b USD 6.28%

* http://statisticstimes.com/economy/gdp-capita-ranking-2017.php

Size of Population

(mio)

GDP per capita

(nominal)*

Construction Market

(est)

Construction Market %

yoy growth

COMMUNICATiONS

1,500Email

1,500SocialMedia

90,000PrintMedia

TRAINING & OUTREACH EVENTS

300TRAINED

1200attendees

REGULATORY SUPPORT2014

Law On Environmental Protection No. 55/2014/QH13

2014

Vietnam Partnership for Market

Readiness Project

2012

VietNam Sustainable Development Strategy

No. 432/QD-TTg

PROGRAMMES• Green Building Training Course• Green BuildingTalks/Seminars• Business Case for Green Building

KEY EVENTS• Integrated Design Conference• Energy Modeling Seminar

• Lotus NR 2.0 (non-residential new construction)• Lotus MFR (multi-family residential new construction)• Lotus BIO (existing buildings)• Lotus Homes (single homes)• Lotus SB (small non-residential buildings)• Lotus Interiors (interior fit-out projects)

69 TOTAL MEMBERS100% InstitutionalState of the Market. The adoption of green building in Vietnam

has often been described as slow and short of concrete government support. However, there are recent positive signs from the Ho Chi Minh local government as well as the city’s largest developers where green building awareness had made headway.

Besides pilot projects, green building rating systems such as our homegrown LOTUS system are gaining traction in the market.