Magnolia Quality Development Corporation Limited
'Whizdom 101' Semi-Finalist in Smart Cities - Clean Energy Project
22 February 2017
Mr. Sutha Ruengchaipaiboon, Executive Vice President of Magnolia Quality Development Corporation Limited (MQDC) receives a plaque from Dr. Tawarath Sutabutra, Director of the Energy Policy and Planning Office. The award commemorates the selection of Whizdom 101 (by MQDC) as a semi-finalist in the first round of the inaugural 'Smart Cities - Clean Energy' Project a competition organized by Ministry of Energy and the Thai Green Building Institute. The Whizdom 101 project is one of 16 projects selected as semi-finalists from an initial set of 36 contenders. Semi-finalists receive an award of THB 500,000 and will prepare additional materials and undergo further rigorous judging, and the 7 best projects will be awarded further funding of THB 10 million each.
Mr. Sutha Ruengchaipaiboon, Executive Vice President of Magnolia Quality Development Corporation Limited (MQDC) receives a plaque from Dr. Tawarath Sutabutra, Director of the Energy Policy and Planning Office. The award commemorates the selection of Whizdom 101 (by MQDC) as a semi-finalist in the first round of the inaugural 'Smart Cities - Clean Energy' Project a competition organized by Ministry of Energy and the Thai Green Building Institute.
The Whizdom 101 project is one of 16 projects selected as semi-finalists from an initial set of 36 contenders. Semi-finalists receive an award of THB 500,000 and will prepare additional materials and undergo further rigorous judging, and the 7 best projects will be awarded further funding of THB 10 million each.
Whizdom 101 made it to the semi-finalist round through strong focus and application of "Sustainnovation" a core operational concept used by the project developer, MQDC. Sustainnovation is a research-driven approach to development, using insights into human behavior combined with applied innovation in energy and resource use and an appreciation of integrated eco-systems to optimize the emotional and physical health and well-being of the consumer's quality of life.
The Smart-Cities Clean Energy Project is the first competition of its kind in Thailand and is an initiative by the Ministry of Energy and the Thailand Green Building Institute to provide meaningful support and recognition to projects whose goal is smart urban living combined with efficient consumption of energy and other vital resources. In the next round of the competition the 16 semi-finalist projects will be required to demonstrate more detailed master plans for smart city development including construction budget estimation including overall economic analysis.
back