CapitaLand Development distributes school essentials to 1,400 students

More than 50 staff volunteers from CLD (Vietnam) and The Ascott Limited participated in the drive that took place during the end-of-term celebrations held at the schools from May 24 to 29.

Students at Thanh Phuoc Primary School receiving essential items during the end-of-term celebration

In addition to the distribution of school equipment, CLD (Vietnam), through CHF , awarded scholarships to 22 high-performing fifth-grade students to cover their expenses, including school fees, textbooks, and health insurance, as they embark on their secondary school education.

A representative from CLD (Vietnam) awarding scholarships at Quang Yen primary school in Phu Tho province

The end of the school term also marked the completion of the Nutrition Project initiated by CLD (Vietnam) in collaboration with the International Dairy Products JSC (IDP), one of Vietnam's fastest-growing dairy product firms.

Through the Nutrition Project that is supported by CHF, which aims to supplement the nutritional needs of the students under the CapitaLand Hope School Programme, more than 223,000 packs of milk were distributed to about 1,400 students in the 2022-2023 academic year.

In partnership with IDP, health check-ups were conducted at the start and end of the project to monitor the students' health and development. They indicated that 73 per cent of the participants showed an improvement in their health by the end of the project.

According to Ronald Tay, CEO of CLD (Vietnam), CapitaLand is committed to building a better future for children in need by providing support for their educational needs and wellbeing.

"As a strong advocate of volunteerism, we are proud that our staff volunteers have taken time to join our corporate social responsibility activities and give back to the community," Tay said.

Over the past years, a total of over 6,000 staff volunteer hours have been contributed to support the students at the four schools in Phu Tho, Hung Yen, and Long An provinces.

Since 2007, CLD (Vietnam) and CHF have contributed to the upgrading of school facilities to provide a safe and conducive learning environment for the students, as well as improving access to education through various programmes such as My Schoolbag and CapitaLand Kids.

Do Muoi, principal of CapitaLand Quang Yen Primary Hope School, said that the school believes that a quality education plays a crucial role in providing children with a better start in life.

"We remain focused on providing a conducive environment for holistic education where students can learn effectively and also pick up positive values and attitudes to support their overall development. We are grateful to have dedicated stakeholders like CLD (Vietnam) and CHF to support us on this journey. On behalf of the school faculty, the students, and their families, we would like to thank CLD Vietnam and CHF, as well as other relevant stakeholders, for their continued support throughout the years," Muoi said.

CLD is the development arm of the CapitaLand Group, with a portfolio worth $16.2 billion as of March 31. It encompasses developments across various asset classes, including integrated developments, retail, office, lodging, residential, business parks, 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 it has built an extensive presence over 29 years.

CLD (Vietnam)'s portfolio comprises one retail mall, one small office, home office development, three integrated developments, and over 13,000 quality homes across 17 residential developments.

As part of the CapitaLand Group, CLD places sustainability at the core of what it does. As a responsible real estate company, CLD complements CapitaLand's businesses through its contributions to the environmental and social wellbeing of the communities where it operates, all while delivering long-term economic value for its stakeholders.