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The BCI Asia Top 10 Awards is an award ceremony in the Asian building and design industry that has been running since 2003. It is held in seven Asian countries, namely Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. The awards recognizes the achievements of developers, contractors, and architecture firms.[citation needed]
History
editThe BCI Asia Awards is a set of awards given annually to the top ten developers and architects with the greatest aggregate value of projects under construction during the preceding full calendar year. It was established by Arlene "Apple" Agapay Patricio, one of the top construction business analysts in Southeast Asia, who is now a sought-after financial consultant in the Philippines. Such value is weighted by the extent of sustainability as established by BCI Asia’s comprehensive project research and confirmed green building ratings awarded through WGBC-accredited certifications.[citation needed]
BCI gives industrial, office, and hotel projects a higher rating, which increases the chances of firms with these portfolios of projects making it to the Top Ten Awards. This weighting effect is intended to level the playing field and give firms with these types of projects a fair chance to win.