Toward Our Glorious, Prosperous Future
Chodai has been carrying out Corporate Social Responsibility (CSR) activities to fulfill its social responsibility as a corporate citizen.
In corporate management, it is said that management strategies with social and environmental awareness improve corporate value in the mid and long term. In 2011, Professor Michael Porter of Harvard University presented the concept of Creating Shared Value (CSV), which regards the pursuit of both economic and social value as the essence of corporate management. Aiming to "create a better society," Chodai will promote CSV efforts, which are already embraced by many global companies, to create new value.
Regional development project and CSV in the Philippines
Chodai is conducting a regional development project, under the privately-led PPP in the fast-growing region of Caraga, Mindanao, the Philippines. This long-term project covers the areas from the development of basic infrastructure, such as power generation and water supply, to road maintenance and port expansion. It will develop industries, build industrial parks, and create jobs to contribute to the growth of the regional economy. Chodai will continuously engage in infrastructure development to make profits and achieve CSV. It will also develop similar regional development models in other Southeast Asian countries, such as Indonesia, and establish new core businesses for sustainable growth.
|Development of basic infrastructure
|Promotion of agriculture, forestry, and fisheries/Job creation
|Industrial promotion/Regional development
|Development of logistics infrastructure
Regional development projects and CSV in Laos
Chodai has begun the implementation of a private enterprise-led regional development PPP for Luang Namtha Province, one of the poorest regions of Laos, itself one of the most poverty-stricken countries in southeast Asia. The special needs of the province dictate the necessity of a sustainable development plan that will protect and make positive use of its natural resources, particularly in the form of the Nam Ha National Protected Area of forestland and the 17 different ethnic minority groups living in the area. As part of the Regional Development Advisory Program (RDAP) devised by Toyo University's Asia Public Private Partnership Institute (APPPI), a report entitled "Regional Development Advisory Program For Luang Namtha Province, Lao PDR" was submitted in February 2020. Signing a comprehensive memorandum of understanding with local corporation LCC, Chodai has formally committed to the analysis and implementation of several projects, including the Namtha Culture Park, the Nam Long River hydropower generation project, highways and logistics hubs.
Regional development projects and CSV in Vietnam
As part of its initiatives to implement PPPs overseas and encourage local regeneration, Chodai is promoting forestry and agricultural value chain projects, a medical waste disposal project, and a water supply improvement project in Quảng Ninh Province in Vietnam. Chodai has also led the construction of cooperative relationships between Quảng Ninh Province and Asahikawa City in Japan. In recent years, Vietnam has undergone dramatic economic growth. This growth has, however, led to an array of problems, such as the fact that the majority of waste generated in the country is disposed of through burial, with concern mounting over the potential negative effects this may have on residents' health and the broader environment. In light of the COVID-19 pandemic, Chodai is contributing to improvements in Vietnam's medical and environmental infrastructure through the planning of Quảng Ninh's first medical waste central processing plant project (involving waste collection, transportation, and final disposal). Chodai is also aiming to improve efficiency in Quảng Ninh's agricultural sector and to create regional brands through soil analysis, the sale of soil improvement agents, and the introduction of crop processing machinery and technology (including root vegetable washers and peelers). Furthermore, Chodai's initiatives are planned as sustainable endeavors that will contribute to an alleviation of the environmental pollution created by harvest losses.