Keppel Land China conferred Top 10 ASEAN Companies in China Award by China-ASEAN Business Council
Singapore / Beijing, China, 19 January 2016 ——Keppel Land China Limited (Keppel Land China) has been conferred the Top 10 ASEAN Companies in China award by the China-ASEAN Business Council (CABC) today. The Award honours model ASEAN companies which have achieved business success and contributed positively to the local Chinese communities they operate in.
Held in Beijing, China, the award ceremony was graced by Mr Liu Guchang, former Chinese Vice Foreign Minister and Chairman of China Foundation for International Studies, Mr Ge Zhirong, Counsellor of State Council and President of the China Entry-Exit Inspection and Quarantine Association, Mr Xu Ningning, Executive Secretary-General of China-ASEAN Business Council as well as ambassadors to China from all 10 ASEAN countries.
Mr Ang Wee Gee, CEO of Keppel Land Limited (Keppel Land), said, “We are honoured to be recognised as one of the Top 10 ASEAN Companies in China for the fourth consecutive year. As one of the first foreign real estate companies to enter China more than 20 years ago, Keppel Land has been privileged to contribute to China’s urbanisation and grow in tandem with the country.
“Today, China is one of Keppel Land’s core markets and our portfolio of award-winning residential, commercial, waterfront and lifestyle developments across 10 Chinese cities is distinguished for its quality, sustainability and thoughtful innovations. We are committed to deepening our presence in the key cities of Beijing, Shanghai, Chengdu, Tianjin, and Wuxi, where we have established strong track records, networks and local teams.
“As we do well, we are also focused on doing good. As a responsible corporate citizen, Keppel Land continues to engage and support communities wherever we operate through our multi-faceted approach towards corporate social responsibility.”
About Keppel Land China
Keppel Land China is a wholly-owned subsidiary of Keppel Land, the property arm of the Keppel Group.
Keppel Land is geographically diversified in Asia, with Singapore and China as its core markets as well as Indonesia and Vietnam as its growth markets. The company focuses on a two-pronged strategy of property development for sale and property fund management.
One of Asia's premier property companies, Keppel Land is recognised for its sterling portfolio of quality award-winning residential developments and investment-grade commercial properties, as well as high standards of corporate governance and transparency.
Keppel Land China is focused on developing township, residential, waterfront, commercial and mixed-use developments in China. Over the years, the company has expanded its footprint in China to 10 cities. To date, Keppel Land China has over 20 projects with a pipeline of about 39,000 homes.
Deepening presence in China
As at end-2015, Keppel Land has a portfolio of assets worth about S$7.1 billion (RMB32.3 billion) in China. China is the largest market for Keppel Land, accounting for about 48% of total assets.
In 1992, Keppel Land partnered the Kunming municipal government and embarked on the Spring City Golf & Lake Resort (Spring City) project, which has continued to maintain its reputation as an international award-winning resort that has put Kunming and China on the world map as a coveted golfing destination. In 2010, Spring City was awarded the globally-recognised Audubon International-certified Classic Sanctuary accolade for its efforts towards environmental sustainability. Keppel Land’s Eco-City International Country Club in Tianjin was the first in the world to achieve the prestigious Audubon Classic Sanctuary status in 2009.
In 1994, the Keppel Group led the Singaporean consortium in the launch of the China-Singapore Suzhou Industrial Park (Suzhou Industrial Park) project, a landmark bilateral project between the Chinese and Singapore governments. Keppel introduced its Singapore experience and knowledge of urban construction into the planning and development of the Suzhou Industrial Park, helping to lay a solid foundation for its sustainable economic and environmental development.
The Keppel Group was entrusted to lead the Singapore private sector consortium for another landmark bilateral cooperation project, the Sino-Singapore Tianjin Eco-City (Sino-Singapore Eco-City) in 2007. Keppel Land China is an investor as well as developer cum project manager for the Keppel Group development in the Start-Up Area within the Sino-Singapore Eco-City.
Committed to deepening its presence in high-growth cities in China, Keppel Land and China Vanke Co., Ltd (Vanke), China's leading property developer, entered into a strategic alliance to jointly develop properties in China and Singapore in 2013. The first joint venture project in Singapore was for the development of The Glades at Tanah Merah. In 2015, Keppel Land and Vanke extended their strategic alliance into China to develop a 16.7-hectare prime residential site in Chengdu.
Leveraging its strong track record in developing iconic waterfront developments such as Keppel Bay in Singapore, Keppel Land has embarked on an integrated residential-cum-marina lifestyle development, Keppel Cove, in Zhongshan City, Guangdong Province. Building on Keppel Land’s expertise in master planning and integrating large scale developments, Keppel Cove offers a world-class waterfront living experience, with luxury residences alongside private berths, exclusive club memberships and a CIQP building located within the project’s premise for one-stop immigration clearance service.
Shaping a sustainable future
Keppel Land China is committed to delivering value to all its stakeholders through Sustaining Growth in its businesses, Empowering Lives of people and Nurturing Communities wherever it operates.
At the World Economic Forum 2015 in Davos, Switzerland, Keppel Land was ranked 4th in the esteemed Global 100 Most Sustainable Corporations in the World 2015, coming up tops among Asian as well as real estate companies globally.
Keppel Land aligns itself with internationally-recognised standards including certifications such as International Organisation for Standardisation (ISO) 9001 on quality management, ISO 14001 on environmental management as well as OHSAS 18001 on occupational health and safety, and is among the few developers in Singapore to have received this triple certification. The company has also rolled out an integrated management system combining the ISO 9001 with the ISO 14001 and OHSAS18001 into a single framework, and will be extending it to its operations overseas, including China. The company also seeks guidance from ISO 26000 on social responsibility and the United Nations Global Compact.
Keppel Land has also set the goal of achieving at least the Building and Construction Authority of Singapore’s (BCA) Green Mark Gold rating, or its equivalent, for all its new projects overseas. As at end-2015, 10 of Keppel Land China’s projects have achieved the BCA Green Mark Gold rating.
As a responsible corporate citizen, Keppel Land China is committed to contributing back to the communities where it operates. For example, Spring City is a long-term supporter Bless China International, a non-government organisation which provides medical needs to the poor and disabled. The company also believes in investing and providing opportunities to talented local youths. At Spring City, the Junior Academy Programme provides middle-school students from neighbouring villages the opportunity to pick up golfing as a career. Promising students are selected and trained from young to provide them a chance as a potential professional golfer.
About China-ASEAN Business Council
The CABC consists of the China Council for the Promotion of International Trade, the ASEAN Chamber of Commerce and Industry, as well as esteemed business leaders, entrepreneurs and experts from ASEAN member states. It is also one of the five working-level dialogue and cooperation platforms between China and ASEAN.
The judging panel for the Award comprised the CABC, relevant government authorities and Economic and Commercial Offices of the 10 ASEAN embassies in China, as well as representatives from relevant business councils of China and ASEAN. The selection of the “Top 10 ASEAN Companies in China” was based on the companies’ scale of investments, their development progress in China and contributions to the Chinese economy and society.
This media release is also available at www.kepcorp.com,www.keppelland.com and www.keppellandchina.com.
Group Corporate Communications
Keppel Corporation Limited
Tel: (65) 6413 6437 / (65) 9842 6853
Group Corporate Communications
Keppel Corporation Limited
Tel: (65) 6413 6436