Singapore duo implement smart energy solutions for Binh Duong

The partnership will help the industrial park (IP) accelerate the adoption of green energy solutions, enable energy savings, and reduce carbon emissions for all tenants.

In the initial phase, SP Group will design, install, operate, and maintain integrated smart energy solutions for BDIP’s Industrial Service Centre (ISC). This includes the installation of solar photovoltaics for renewable energy, digital building solutions, electric vehicle charging, and smart energy optimisation and management systems.

These solutions are expected to save as much as 30 per cent on energy consumption and reduce carbon emissions by close to 18 per cent.

The two companies will also collaborate on a feasibility study to implement a green micro-grid for BDIP that will accelerate the park's clean energy transition and facilitate access to renewable energy, along with providing greater energy reliability and resilience for tenants.

The 837 square metre ISC will cater to the business and social requirements of all BDIP tenants with shared facilities including meeting rooms, outdoor sport and recreational facilities, food and beverage options, and open green spaces.

Brandon Chia, managing director of Sustainability Energy Solutions, Southeast Asia and Australia at SP Group, said, "Our collaboration with Frasers Property Vietnam underscores our goal of empowering the sustainability ambitions of IPs and contributing to Vietnam's net-zero targets."

"Through our system of smart and sustainable energy solutions, IPs can seamlessly harness renewable energy sources and transition to energy-efficient operations that will enhance cost savings, carbon emission reductions, and promote productivity," Chia added.

Lim Hua Tiong, CEO of Frasers Property Vietnam, said, “As a multinational real estate developer, we take a long-term view for all our projects. We want to create buildings that are durable, adaptable, and resilient to the changing environment and needs of our customers. That is why we have applied our expertise in design and planning to our first industrial showcase in Vietnam, Binh Duong Industrial Park.”

BDIP is Frasers Property Vietnam’s first industrial park development in Vietnam and among one of few developments in the country to be LEED Certified. BDIP appeals to sustainability-minded tenants, with Phase 1 now at over 90 per cent occupancy.

The next development phase for BDIP is now open for potential tenants in both ready-built and built-to-suit configurations.

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