Green smart city: the outset and inspiration for sustainable urban development

BANGKOK, Oct. 19, 2023 /PRNewswire/ -- Sustainability Expo 2023 (SX 2023), ASEAN's largest sustainability exposition, brought down the curtain with proven evidence showing that people had greater awareness and better understanding on sustainability and were willing to act for better future. This year, One Bangkok, the largest holistically integrated district, developed by Frasers Property, with new standards of technological excellence and environmental sustainability under the concept of "The Heart of Bangkok", a HEART-CENTRIC metropolis for all, participated in the event to jointly spark ideas and create inspiration on sustainable city development.

One Bangkok Immersive Pavilion created as an experiential space at the expo received an overwhelming response from visitors throughout the 7 days of the event, including the new Prime Minister of Thailand, Minister, Bangkok governor, ambassadors, university students, and many esteemed guests. The audience immersed themselves with a realistic simulation of all elements and areas in One Bangkok as well as its integrated advanced innovation and technology for sustainability with three content pillars: Smart Technologies, Sustainable Development and Unparalleled Experiences in One Bangkok.

In addition, leaders from international governmental organisation, the government, and private sectors came together to discuss their perspectives on urban development with reduced environmental impact in two special panel discussion sessions hosted by One Bangkok on the topics of "The Future of Sustainability and Smart City Living for Better Community" and "Masterplan Design for Smart Sustainable Cities brought together top executives from Thailand's leading real estate developer, Landscape design, architectural design firm and SCG  to share insights of urban planning in real estate development that leads to the creation of sustainable city.  

Honorable panelists in the first topic including Minister of Social Development and Human Security, top executive of international real estate developer, UNDP Resident Representative to Thailand, and  environmentalist shared ideas, experiences, and guidelines for creating sustainability and smart city living for a better future for the community.

Renaud Meyer, UNDP Resident Representative to Thailand revealed that in dealing with the global warming, which should currently be better referred to as "global burning", is an urgent matter that everyone must take serious actions to create changes in environmental protection, and UNDP has been actively working with both the government and private sectors to achieve the Sustainable Development Goals (SDGs).

According to Varawut Silpa-archa, Minister of Social Development and Human Security, to build a livable city in line with the principle of sustainable development requires not only befitting physical infrastructure such as residential buildings and utility systems that take the environment impact into account, but also key ingredients that promote positive relationship for families, communities, and the society. Turning the dream of livable city into reality also needs support from the private sector to help make the government policy successful.

Panote Sirivadhanabhakdi, Group Chief Executive Officer of Frasers Property Limited said that with more than 30 years of experience in the real estate business, Frasers Property offers "Real Estate as a Service" concept by developing spaces with services to comprehensively satisfy customer needs, which is vital to achieve sustainable success in business.  With several eco-friendly real estate developments in Thailand and overseas to its credit, the corporation has consolidated experiences from past projects into the development of One Bangkok by seeking to understand the society, lifestyles and expectations of surrounding communities before construction in order to make them feel welcomed to enjoy the public benefits this project has on offer. Given this, One Bangkok was designed with generous open and green spaces, amounting to almost a half of the total project land area, with linear parks setting back the edges of One Bangkok by 35 to 45 metres from the pavements to add green spaces between Lumphini Park and Benjakitti Park and serve as a public venue for recreations.  There will also be public artworks throughout the project district to create relaxing ambiance and bring inspiration to visitors. The project also implements internal operation and management systems to achieve sustainability goals in line with the commitment of Frasers Property Group to be a net-zero carbon corporation by 2050.

The panel discussion sessions were testimony to the cooperation of all parties involved and paved way to the future of sustainable real estate development. One Bangkok is considered a prototype green, smart city development of a holistically integrated district that takes sustainability into account in every respect from its conception to operation with genuine purpose of creating sustainability and reducing environmental impact.

About One Bangkok
One Bangkok – the largest holistically integrated district in the heart of Bangkok with an investment value of over THB120 billion on the total land area of 108 rai. Located at the corner of Wireless Road and Rama 4 Road with direct linkages to the city's burgeoning mass transit systems, One Bangkok comprises workplaces of the future, a new retail loop, luxury residences, five-star hospitality, a world-class LIVE entertainment arena, the presence of art and culture, and vast, welcoming public realm that covers 50 rai of the district. Well-equipped with Smart City and sustainable infrastructure, One Bangkok aims to be the first LEED for Neighborhood Development Platinum project in Thailand and WELL Building Standard for supporting human health and wellness.

About Frasers Property Limited
Frasers Property Limited ("Frasers Property" and together with its subsidiaries, the "Frasers Property Group" or the "Group"), is a multi-national developer-owner-operator of real estate products and services across the property value chain. Listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST") and headquartered in Singapore, the Group has total assets of approximately S$40.1 billion as at 31 March 2023.

Frasers Property's multi-national businesses operate across five asset classes, namely, residential, retail, commercial and business parks, industrial and logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 70 cities and 20 countries across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts ("REITs") and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and are invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.com or follow us on LinkedIn.

About TCC Assets (Thailand) Company Limited
TCC Assets (Thailand) Company Limited (TCC Assets), established in 2013, is a fully integrated property development company, with a registered capital of ten billion baht. It is part of the TCC Group, one of the most well-known companies in Thailand. TCC Assets' investment model focuses on creating added value to assets through product and service development. TCC Assets, subsidiary company, and affiliated company focus on the development of residential real estate projects, office building and retail space, along with hotel business and services related to IT.

For more information on TCC Assets, please visit  www.tccassets.com