GEORGE TOWN: The Penang Municipal Council (MPPP) is assessing more than 10 new development projects under its Green Building Index (GBI) rating system.
State Local Government and Traffic Management Committee chairman Chow Kon Yeow said incentives could be given to the developers upon completion of the assessment as this represents efforts to encourage builders to incorporate features on protecting the environment.
“Once the projects qualify for the GBI standard, the developer can get a discount on development charges of about RM5 per sq ft while the normal rate is RM15 per sq ft.”
He said the GBI rating system that was implemented in 2010, assessed the impact of a new building on its environment based on six criteria such as water usage efficiency and innovation.
“Most of the development projects under the GBI assessment are still under construction,” he said, adding that the buildings were rated on a points-scoring format and they could be awarded either platinum, gold or silver certified ratings.
The council had introduced GBI to encourage the development of greenery-based projects here.
Chow was speaking after launching a conference entitled ‘Planning for Green and Low Carbon Cities’ here yesterday.
The conference is jointly organised by Malaysian Institute of Architects (PAM) northern chapter and Malaysia Green Building Confederation (MGBC).
MGBC vice president Looi Hip Peu said that to date, some 300 development projects in the country had come under the GBI assessment. - The Star
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