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ASIAN COAST DEVELOPMENT (CANADA) LTD. SAVES ENDANGERED TREES

Vietnam’s premier integrated resort development protects and preserves
four species of Vietnam’s indigenous flora
 
22 October, 2010, Ho Chi Minh City:  Asian Coast Development (Canada) Ltd. (ACDL) today organized a tree transplanting exercise involving key management and workers in which 60 trees from four endangered species were moved to a dedicated preservation area on the company’s 168 hectare Ho Tram site.
 
“From the outset in Vietnam, we have made contributing to the community at large a high priority,” said Mr. Lloyd Nathan, CEO of Asian Coast Development Limited.
 
“Today, we have taken this philosophy in an additional direction, as our team here transplant 60 endangered trees along our exceptional beachfront site. Helping to preserve and ensure that these rare species thrive for years to come is part of our commitment to making sustainability a cornerstone of our Company’s ethos.”
 
The saved trees include the endangered Dyospyros Rubra, Antisoptera Costata, Sindora Siamensis and Dillenia Indica species. Fast development in Vietnam has seen rapid clearance of habitat, at a rate that the nation’s flora has been unable to match. Many of these trees are slow growing species that are over fifty years old and Vietnam has been developing at a rate that species such as this are simply unable to re-germinate and keep up with.
 
“Historically these trees have been used for everything from fine furniture to fast-burn firewood,” added Jef Forrer, President of Development for the Ho Tram Project Company. 
 
“As such it is great to be able to do our part in an area on our site that is devoted to bringing these once-abundant species, back to prominence. We are also helping to beautify the environment in which we operate, as well as calling upon the trees to continue to clean the air that we breathe every day here on the site, for the benefit of everyone on the site, and all in the Ho Tram area."