CapitaLand Development pledges US$30,000 to support early childhood education in Binh Duong province

DNHN - CapitaLand Development (CLD) has launched the “Steps of Love” campaign in collaboration with the Binh Duong Red Cross Society.

The programme aims to raise funds to upgrade the kitchen at Thanh Tuyen Kindergarten (Branch 2) in Dau Tieng District, Binh Duong Province, benefiting over 80 preschoolers at the centre. The campaign comprises a virtual walk and a physical walkathon. Through these initiatives, CLD has pledged to contribute US$30,000 (over VND700 million) upon achieving a combined total of 100 million steps from the virtual walk and 10 million steps from the walkathon.

“Steps of Love” is part of CapitaLand’s efforts to affirm its commitment to sustainable development and forging meaningful connections within the community in Vietnam, where it has been present for three decades since 1994. As part of the programme, the virtual walk will take place from 24 February to 24 March, while the physical walkathon will be held on 31 March at Binh Duong New City, Binh Duong Province. Participants can choose between a 2km or 5km distance and are welcome to run or walk alongside their friends, family, and pets. The event is open to all ages and fitness levels.

“This event is not just a physical challenge, but also a meaningful way to give back to the community,” said Ronald Tay, CEO of CapitaLand Development (Vietnam), the organising representative. “Through our trusted partner, the Binh Duong Red Cross Society, we were able to identify the needs of the beneficiaries and the support required on the ground. As CapitaLand marks 30 years in Vietnam, we hope to rally the community to make a positive difference together. Collectively, we can enhance lives and uplift the community.”

“In Vietnam, we are committed to building a better future for children through our support for education and social welfare. Since 2007, the company and our philanthropic arm, CapitaLand Hope Foundation, have upgraded facilities at four schools in Phu Tho, Hung Yen, and Long An provinces, creating a safe learning environment for students and improving their access to education through initiatives such as book donations, scholarships, and nutrition programmes. We look forward to inspiring more young lives and laying the foundation for their future success.”

Nguyen Thi Le Trinh, Member of the Central Committee of the Vietnam Red Cross Society and Chairwoman of the Binh Duong Red Cross Society, shared, “We are honoured to partner with CLD on the “Steps of Love” programme in Binh Duong Province. The Binh Duong Red Cross Society has always been committed to humanitarian activities and supporting those in need. We appreciate CLD’s contributions to Binh Duong Province, especially the construction of a semi-boarding kitchen for children at Thanh Tuyen Kindergarten (Branch 2).”

SYCAMORE is the main sponsor of the “Steps of Love” campaign. It is CLD’s first large-scale residential project in Vietnam. UOA Group is the joint developer of the project. Targeted to launch in Q2 2024, SYCAMORE spans 18.9 hectares and will offer over 3,700 freehold and leasehold apartments and homes across low-, mid-, and high-rise precincts for approximately 13,000 residents. The campaign is also supported by sponsorships from the Nam Binh Duong Branch of Vietcombank, Nam Ky Khoi Nghia Branch of BIDV, Otsuka Thang Nutrition Joint Stock Company, California Fitness & Yoga Centers, and Bao Minh Gia Dinh Insurance Corporation.

CapitaLand Development (CLD) is the real estate development arm of CapitaLand Group, with a portfolio worth about S$20.8 billion as of 30 September 2023. CLD has a diverse global portfolio of assets across various real estate classes, including integrated developments, retail, office, residential, industrial, logistics and data centres.

CLD (Vietnam) oversees and grows CLD’s investment and development business in Vietnam, one of CLD’s core markets where the Group has established a strong presence for 30 years. CLD’s portfolio in Vietnam comprises one retail mall, one SOHO development, two mixed-use developments, and over 16,000 quality homes across 17 residential projects in Hanoi and Ho Chi Minh City. With proven expertise in master planning, land assembly and project development, the company has been recognised with prestigious accolades including the Asia Pacific Property Awards, PropertyGuru Asia Property Awards, PropertyGuru Vietnam Property Awards, and Golden Dragon Awards.

Beyond developing real estate projects, CLD aspires to be the real estate partner of choice for its stakeholders and the communities it serves, enhancing lives and uplifting communities. The company is committed to creating quality spaces for living, working, and playing through sustainable and innovative solutions.

In line with the Group’s sustainability vision, CLD places sustainability at the core of its business operations. CLD, together with the Group, contributes to environmental and social causes in the communities where it operates, aiming to create long-term economic value for its stakeholders.

Quang Duy - Van Nguyen