Green City Developers Ltd (GCD) provides solutions that can aid your country in enhancing its economic conditions and fostering sustainable growth. This is achievable through our NEW Fund, where our funding entity possesses the capability to offer a non-recourse and non-repayable fund for the previously mentioned factors.
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As an organization incorporated in the year 2006 in Papua New Guinea, we have come a long way in making a reputation for ourselves in the international business arena working closely with multi-national companies and institutions. We believe in conducting businesses globally with integrity, great self-esteem, transparency, and professionalism.
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Green City Developers Ltd (GCD) is committed to building trust among numerous international strategic partners. Our business ethics and reputable elite funders, who have a significant vested interest in our company, have helped us achieve this. Our diverse business portfolio has positioned us as a bridge to many conglomerates with varied expertise and high-net-worth individuals, fostering continuous long-term success for project collaborations that stimulate development and boost productivity.
GCD has been granted the exclusive appointment by the Asset Depositor (AD), also known as The Financial Institution (TFI), to advocate for THE NEW FUND. We are also actively involved in managing development projects in qualifying countries across Asia, Africa, the Middle East, Eastern Europe, and Oceania. GCD will serve as the Project and Corporate Finance Management Corporation in countries with THE NEW FUND Projects. We will utilize the NEW Fund for the social development projects of the qualified countries.
This is made possible because our funder has a “Foreign Assets Allocation” set aside annually, that is dedicated solely to socio-economic development projects in countries that qualify for the NEW Fund. Consequently, GCD's role involves initiating THE NEW FUND to the President or the Prime Minister of a selected country. We also directly connect the Central Bank Governor (CBG) with the Asset Depositor (AD) for an official introduction and due diligence procedures.
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GCD is the Project Initiator, a Papua New Guinea incorporated company to serve as the legal identity of THE NEW FUND. It will be working closely with the Government on its local New Company set up in the Recipient Country to manage part of the National Economic Wealth NEW Fund Projects.
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NADZAB DEVELOPMENT LIMITED (NDL), a parent company of GCD is currently into a new township mixed development projects in Papua New Guinea appropriately named “NADZAB New Township” in a land area of 862.5 hectares valued at USD1.2 Billion. NDL is also undertaking a mixed development project combination of housing, office, retail, medical, recreational, golf & resort, commercial, and industrial components and these are all supported by THE “NEW” FUNDER. This integrated, self-managed gated, and secure township development project for over 10,000 occupants of Wampar, Papua New Guinea, is 100% undertaken by Green City Developers Ltd.