Sheikha Fadia: Prince Charles in joint stock company on sustainble development |
|
LONDON -- An international joint stock company for construction based on the sustainable development will be set up with British Crown Prince Charles among its main shareholders, Cheif Executive Officer of Jana real estate company, Sheikha Fadia Saad Al-Abdullah Al-Salem Al-Sabah said here Saturday.
The company which took the name of "Urban FP" is a parnership among the Prince Charles beneficiary non-profit institution, a Latvian investor and the Kuwaiti Jana real estate company, Sheikha Fadia said in a statement to the Kuwait News Agency (KUNA) on the sidelines of her participation in a conference sponsored by the Prince Charles institution for urban environment.
Sheikha Fadia added, "We understand the tendency of real estate companies before the global financial crisis toward construction that depends on the old conventional ways that caused big damage to society and environment." She pointed out that buildings consume a great amount of energy in the processes of refrigeration, heating and lighting, particularly what is emitted by the heating appliances of carbon dioxide wastes.
However, Sheikha Fadia pointed out that conditions altered now following the global financial crisis and its impact as the decline in the property prices and the cost of building materials made construction according to the sustainable development method inexpensive like before.
She went on to say that Jana property company will work according to the modern method in order to construct buildings with the least damage possible to society and environment along with taking the material benefits gained by the investors into consideration.
The London-based Prince Charles institution for urban environment aims at adopting the concepts of the urban development and environmental sustainability as part of the infrastructure projects, she said.
She added that this institution is an educational and non-profit one that seeks the betterment of the life quality of people through education and applying the ecological methods of planning, designing and construction.
Sheikha Fadia said that environmental sustainability is related to the real estate development projects in two ways; the first is through encouraging the wise use of the renewable and limited resources alongside reducing the impact of their use on the environment.
As for the second, she added, it is related to the ability of the urban environment to cope with the accelerating increase of human requirements and needs, expressing her admiration for the futuristic thought whether on the concepts or the strategies that Prince Charles institution seeks their consolidation.
Further, Sheikha Fadia expressed her admiration for the Prince Charles institution for urban environment as an entity capable of inspiring others due to its integration of the sustainability concept into the urban planning and its ability to develop urban projects that may improve the social and ecological health of the society.
In the same vein, Sheikha Fadia discussed here with the British Crown Prince and the honorary president of the urban environment institution Prince Charles the method of applying the idea of the sustainable development to the infrastructure and architecture.
Sheikha Fadia told KUNA following this meeting that it made an offer to Prince Charles on Kuwait's next year hosting of the urban environment conference that is currently held in Britain for the seventh year running, noting that Prince Charles welcomed the idea.
Moreover, Sheikha Fadia expressed her hopes that this conference will have the sponsorship of the Kuwaiti political leadership, particularly as the Prince Charles institution is a non-profit entity and aims at encouraging the wise use of the natural renewable resources.
Finally, she asserted that Kuwait's hosting of a significant event such as this conference that is concerned with the environmental conservation is, "An intellectual blastoff for Kuwait", as it embodies a thought that focuses on the man's capability of handling nature and making best use of it.
© KUNA (Kuwait News Agency) 2010
x
DISCLAIMER
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
Community Comments (0) - 
Comment on this article 
Comment on this article
The opinions of the authors expressed herein do not necessarily state or reflect Zawya. Read our Comment Policy.
Loading ...
Zawya Comment Policy:
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Community Buzz
Stories
Companies
Most viewed companies by Community in the last 24 hrs
| Company Name | Country | Industry |
| Consolidated Contractors Company | Overseas | Construction and Design |
| Saudi Binladin Group | Saudi Arabia | Construction and Design |
| Saudi Telecom | Saudi Arabia | Telecommunications Services |
| Almarai Company | Saudi Arabia | Food |
| Hyundai Engineering and Construction Company - Saudi Arabia | Saudi Arabia | Construction and Design |
| Saudi Electricity Company | Saudi Arabia | Electric Utilities |
| Roads and Transport Authority - Dubai | UAE | Regulatory and Administrative Bodies |
| Dubai Electricity and Water Authority | UAE | Electric Utilities |
| National Oil Corporation - Libya | Libya | Oil |
| Ministry of Health - Saudi Arabia | Saudi Arabia | Ministries and Municipalities |
Projects
Most viewed projects by Community in the last 24 hrs
| Project Name | Country | Sector |
| ADNOC/ConocoPhillips - Sour Gas Fields Development - Shah Field | UAE | Oil and Gas |
| Takreer - Ruwais Refinery Expansion | UAE | Oil and Gas |
| ENEC - Nuclear Power Plant | UAE | Power and Water |
| SATORP - Jubail Refinery and Petrochemical Complex | Saudi Arabia | Oil and Gas |
| Abu Dhabi Ports Company - Khalifa Port and Industrial Zone (KPIZ) | UAE | Infrastructure |
| Aramco/Dow Chemical - Ras Tanura Integrated Refinery and Petrochemicals Complex | Saudi Arabia | Oil and Gas |
| Abu Dhabi DOT - Abu Dhabi Metro | UAE | Infrastructure |
| Emirates Aluminium (EMAL) - Smelter Complex - Phase 1 | UAE | Industry |
| Qatar Foundation - Sidra Medical and Research Center | Qatar | Real Estate |
| IGD - Gasco - Habshan 5 Gas Processing Plant | UAE | Oil and Gas |