HomeNewsGIFT City wins four awards at CMO Asia 2017

GIFT City wins four awards at CMO Asia 2017

Gujarat International Finance-Tec City (GIFT City) which is India’s first operational Smart City and IFSC has won four awards at CMO Asia 2017 held last week in Singapore. GIFT City has won awards in all 4 categories, namely, Best Smart City Initiative, Environmentally Sustainable City, Smart Infrastructure and Best Use of CSR practices.

The Asia Smart City and Best CSR Practices Awards are Asia’s highest recognition of corporate organizations covering almost 41 Countries. CMO Asia is dedicated to high level exchange through leadership and networking amongst CMOs and brand decision makers across the industry segments.

Gujarat International Finance-Tec City (GIFT City), spread over 359 hectares of land, is a central business district between Ahmedabad and Gandhinagar in Gujarat and is modelled on the lines of global financial markets in London, Dubai, New York and Singapore. GIFT city project was implemented by Gujarat International Finance Tec-City Company Ltd. (GIFTCL). GIFTCL has been set up as a Joint Venture (JV) Company between the Government of Gujarat (GoG) represented by Gujarat Urban Development Company Limited (GUDC) and Infrastructure Leasing & Financial Services Limited (IL&FS).

GIFT City, designed vertically, minimizing the spread of built up form over the ground, encompasses world-class infrastructure facilities like city-wide underground Utility Tunnel (wherein vehicle can travel for all utility maintenance works requiring no further digging work), District Cooling System (centralized cooling system for the city), Automated Waste Collection System (India’s first automated collection and segregation of organic and inorganic waste), City Command and Control Centre (single management point for the entire city) and potable drinking water supply across the city.

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