MOU on Clark Green City signed at Asia Pacific Cleantech Marketplace Forum 2014

The Asia Pacific Cleantech Marketplace Forum 2014, organised by Cleantech Marketplace Forum and co- presented by Global Cleantech Clusters Association (GCCA) and Singapore High Technology Association (SHTA), is envisioned as a global platform of learning and networking with a gathering of hundreds of stakeholders to uncover new development, discuss issues and challenges.

This year the event welcomed more than 100 participants from countries such as Australia, Bangladesh, Canada, Finland, India, Indonesia, Malaysia, Philippines, Switzerland, Taiwan, UK and US besides Singapore, with more than 30 local and regional business, industry and government agency supporting partners.

The Asia Pacific Cleantech Marketplace Forum provides an international platform:

  • connecting cleantech companies seeking financing & investment (venture & growth capital, project financing, etc.) with investors;
  • connecting cleantech companies seeking project and market opportunities with project developers and overseas market partners;
  •  connecting different cleantech clusters from across Asia, Europe and North America to Asia to explore opportunities & collaboration.

The global cleantech community participating in this forum will contribute and benefit from the discussions pertaining to new development, issues, challenges, projects, partnerships and prospects.

This global, cross-sectoral, multi-stakeholders and multi-dimensional forum is envisioned to pave the way for the creation of a successful and sustainable model for an efficient cleantech marketplace at the regional level to help spur sustainable economic development in the Asia Pacific region and the rest of the world.

The two day Forum was packed with an exciting list of events, featuring on day 1, the second GCCA Cleantech Cluster Managers Meeting in Asia Pacific, the inaugural roll out of P80-Club de Madrid-GCCA Global Technology Deployment Initiative (GTDI) to Asia Pacific, and Investor pitching session for cleantech companies.

Day two featured a series of master classes by GCCA and a “Rock the Green Entrepreneurs” Workshop, as well as networking session with Swissnex and visit to Swiss Future City Lab in Singapore followed by the AP Cleantech Marketplace Forum-Autodesk Cleantech Networking Evening.

The event also witnessed a significant milestone in another private sector-led regional collaboration in green city development, in the form of an MOU signing of GAC Ventures (GAC) (a wholly owned subsidiary of Visionedge Technologies) with the APL Tree Group (ATGPL) and the RICE Company (TRCL) to be part of the pilot development of a Green Environment Cluster in the Mimosa Creative & Technology Village (MCTV) within the Clark Green City, a major project undertaken by the Bases Conversin and Development Authority (BCDA) of Philippines.

ATGPL is in the business of and maintains a network of businesses involved in the creative field, information technology sustainability development and entertainment industry.

TRCL is in the business of harvesting the arts and harnessing creative spaces and to tap into the latent potential of dis-used or underperforming assets.

GAC is in the business of and has the expertise and resources to promoting expansion of high-growth technology-based enterprises with a strong focus in the cleantech, energy, environment and IT sectors.

In this collaboration, GAC Ventures will:

  • operate a Growth Acceleration Centre at the CGC for companies from the cleantech, energy and environment cluster
  • assist cleantech companies within the CGC with market & project access, investment & financing, business & technology advisory, business support services, etc.
  • host its annual Cleantech Marketplace@Philippines roadshow at the CGC to coincide with regional events in Manila such as the Asian Development Bank (ADB) Asia Clean Energy Forum
  • leverage on the regional Cleantech Marketplace Forum platform to assist cleantech companies in regional roll-out to Asia Pacific

Mr. Patrick Chan, CEO of GAC Ventures, said, “We’re glad to be a party to the MOU. Philippines has immense potential as a major emerging cleantech market in Asia Pacific, across sectors such as renewable energy such as solar, biomass, waste management and sustainable transportation, etc. The Clark Green City project will provide great advantage for companies seeking a headstart into the Philippines cleanetch market and the region.”

ATGPL and TRCL will:

  • take a lead role coalescing an international group of development partners to create a creative and technology hub in the CGC with a global population of small and medium enterprises with a progressive workforce of game developers, VCs, digital designers, inventors, programmers, artists and more.
  • attract these businesses to the CGC through an event TRCL produces, called “Asia on the Edge”. This event will be hosted in the CGC to show off its development opportunities

According to Mr Audie Vergara, Managing Director of the APL Tree Group, “the future of creative and innovative enterprise is Asia and the time is now.”

Mr. Jimmy Soon, Director of Place Management of the RICE Company Pte Ltd said, “We are The Business of Tomorrow - fusing Art, Business and Technology to create a new competitive advantage”.

For more details of the Asia Pacific Cleantech Marketplace Forum and also the Clark Green City, please refer to Annex A and B respectively.

For media queries please contact:

Patrick Chan, Mobile: 9456 2048, Email: patrickchan@visionedge.biz

Elizabeth Ng, Mobile: 8484 5199, Email: eliz@gileadsynergy.com

About Cleantech Marketplace Forum

The Cleantech Marketplace Forum (CTMF) is a not-for-profit platform set up to connect cleantech companies with low carbon technologies or solutions, against projects, investment and financing and vice versa, with an Asia Pacific focus and global outlook, using Singapore as the hub. The objectives are to bridge the critical gaps between low carbon technologists, project developers and financiers/investors, and help drive low carbon, climate resilient, sustainable growth and increase investment in the deployment of proven technologies to address climate change challenges.

The CTMF seeks to assist cleantech companies to tap onto the Asian Development Bank (ADB)’s Low Carbon Technology Marketplace (LCTM) where upstream IP and downstream clean technology solutions will be matched with IP buyers and end users for the effective low carbon technology transfer to Asia Pacific.

Cleantech Marketplace Forums are held as investment roadshows around the world in collaboration with regional cleantech events or local cleantech partners. The CTMF is already connecting cleantech companies across sectors ranging from renewable energy (solar, wind, bioenergy, wave energy, etc.), energy efficiency, energy storage, environmental pollution control, waste management & recycling, green building, smart-grid, off-grid, sustainable agriculture, sustainable transportation, etc. across geographical markets such as Southeast Asia,
IndoChina, South Asia, North Asia, Europe and North America for projects, market access, growth capital and project financing.

The CTMF was initiated by VISIONEDGE Technologies (VT), an International Alternative Investment Review (IAIR) Awards 2014 winner as “the Best Company for Sustainability - Cleantech South East Asia” for its commitment to promote green businesses by assisting the expansion of high-growth technology-based companies, especially in the cleantech sector, and for its Business Incubator and Enterprise Accelerator Programmes.

VT is also the ADB’s implementation consultant in the design and roll out of its LCTM for the Asia Pacific region. VT runs GAC Ventures which operates two Growth Acceleration Centres (GAC) in strategic partnership with a public listed company from Singapore.

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