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Primavera Residences developer welcomes USAID arrival as it pushes for more sustainable develop

by Weena/ITPIPublished: June 17, 2014Updated: December 2, 2014

ITPI and USAID are working together to promote economic growth in CDO.

Green developer Italpinas Euroasian Design and Eco-Development Corp. (ITPI) reiterated its belief on the need for more sustainable developments in Cagayan de Oro in a recent talk with United States Agency for International Development (USAID) held at the function hall of Primavera Residences. ITPI is the developer of Primavera Residences, the first eco-friendly condo complex in Cagayan de Oro. Last June 7, USAID mission director Gloria Steele, assistant administrator for Asia Denise Rollins and other representatives of the agency visited Primavera Residences as part of its INVEST Project, which seeks to promote economic growth in Cagayan de Oro through investment opportunities.

USAID is an American government agency that provides economic and development assistance to countries around the world. Its funding partner is the Climate Technology Initiative-Private Financing Advisory Network (CTI-PFAN), which provided certification and technical assistance to Primavera Residences.

In his talk, ITPI chairman and CEO Arch. Romolo V. Nati stressed the company’s strong support for Cagayan de Oro as a wise investment opportunity as well as its interest in setting up projects in alternative locations. “We see Cagayan de Oro as a place with a growing opportunity for business. People can work and enjoy life here without going to Metro Manila. It is an ideal alternative location for investments,” said Nati.


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