Environment - ތިމާވެށި

Browse

Search Results

Now showing 1 - 6 of 6
  • Thumbnail Image
    Item
    Technical Report
    Environmental impact assessment proposed 10 storey building construction in H. Asrafee Villa, Male’
    (2017-09) Musthafa, Amir
    This report is based on the proposed 10 storey building construction at the residence, H. Asrafee Villa in the capital city, Male’. The project is being developed and constructed by W Construction Pvt. Ltd., which will undertake the construction works and project management including overseeing the EIA process. The proponent of the project is Adam Shafeeq. An Environmental Impact Assessment was necessary for the works outlined in this report as they fall under ‘Jadhuvalu R’ of the Environmental Impact Assessment Regulations 2012 of the Maldives. In addition to meeting the regulatory requirements, the report would further assist the proponent and important stakeholders to make decisions based on favourable environmental conditions with the main focus on sustainability. The project also adheres to several other rules and regulations in the Maldives and has obtained permit from the Ministry of Housing and Infrastructure for the project to proceed. The area the project is proposed to be undertaken is a moderately built area in the east end of Male’. There is no natural terrestrial environment at site. The existing environment therefore was focussed on the regional climate of Male’, and the traffic distribution, and noise pollution in the area. The project area does not endure much traffic relative to the general traffic conditions in Male’. A general exterior overview of the existing structures in the area was also observed. It was found that most of the buildings in the area were old structures and maybe prone to some damages. Older buildings were mostly single storey structures and there was one high rise building on the north eastern corner of the proposed site. Therefore, serious structural defects are expected to be at a minimum, especially considering the standard foundation protection methods. The report does recommend to undertake a structural defects inspection study of the buildings in the same block as the proposed site by civil engineering experts. The overall environmental impacts of the project have been assessed using frameworks found in literature. Since the development is undertaken in a moderately built area, the results indicate that the proposed project has neutral impact. However, there are some significant impacts on the environment during the construction phase of the project and these needs to be mitigated to avoid any significant damage to the environment. Significance of the impacts and mitigation measures have been provided based on previous similar projects undertaken in the Maldivian environment and based on literature. The main cause for concern regarding this project is the impact it will have on neighbours residing in this area. As such, several short-term impacts are envisaged including air pollution, noise pollution, aesthetic impacts, traffic issues and safety concerns. As there are numerous high storey building projects being undertaken in Male’, there is no particular long term impact associated with this project, albeit an increase in cumulative impacts. The main reason an EIA was required for the project was due to the basement construction and associated impacts. These can be mitigated by restricting the type of storage materials in the area, implementing fire safety systems, and proper mechanical ventilation and drainage. Submersible pumps are proposed for the project as well as mechanical ventilation. The other impacts that do occur can also be easily mitigated to minimise and/or completely nullify them. Mitigation measure proposed includes creating awareness among the construction staff and neighbours regarding the scope of the project. Other measures include taking protective measures to ensure people residing and utilising the vicinity will not have to endure the impacts during the construction stage. Foundation protection measures are recommended and are provided as part of the project to prevent impact on neighbouring structures in addition to a 1m offset from the adjacent building. Dewatering procedure also needs to be undertaken with care, details of which are given in the report. Care should also be taken to prevent any damage to the road and disruption to traffic during transport of machinery and equipment. Alternatives, including the no project option and alternatives for some project components are also discussed. No project option is not viable at this stage of the project. Regarding construction methodology, a few alternatives are recommended. Regarding the design also, there are recommendations to make the development greener. These include interior landscaping to incorporate plants, use of green walls, use of LED lights, rooftop solar panels, etc. An environmental monitoring program is provided at the end of the report, which provides details on the parameters to monitor on site, and the frequency in which it needs to be done. Estimated costs for the monitoring works are given. Implementation of the program is essential for the sustainable development of the project. In conclusion, it is discussed the impact such major housing projects have for the increasing population density in Male’, and how it can be prevented at a policy level. However, taking this project as a standalone development project in an already heavily built island city, it can be concluded that no significant long-term impacts are predicted, none that the island community is not yet enduring. Therefore, it is recommended that the project go ahead as proposed with proposed precautions and mitigation measures as recommended in this study.
  • Thumbnail Image
    Item
    Technical Report
    Environmental impact assessment proposed 2500 housing units development project in Hulhumale’ Phase II
    (2017-10) Musthafa, Amir; Aujaaz, Nafha
    This report is based on the proposed 2500 housing units proposed for Hulhumale’ Phase II. Eleven buildings in total will be built as part of the project, each 15 – 17 storeys high. The project is being developed by Housing Development Corporation (HDC), and constructed by Sinohydro, which will oversee the development and project management including managing the EIA process. An Environmental Impact Assessment was necessary for the works due to the large scale of the project with high rise buildings. In addition to meeting the regulatory requirements, the report would further assist the proponent and important stakeholders to make decisions based on favourable environmental conditions with the main focus on sustainability. The project also adheres to several other rules and regulations in the Maldives and has obtained permit from HDC to proceed. HDC is a 100% government entity, which also has the responsibility to set guidelines and oversee all developments in Hulhumale’. The project is part of larger program by HDC to establish 15,000 social housing units in Hulhumale’. Therefore, other similar EIAs have been done recently, most notably for the 7000 housing units projects. Apartments in these buildings can generally be regarded as being targeted towards lower class members of the community, who cannot afford commercial housing projects. The project will contribute to the grand plan by the government of reducing congestion in Male’ by providing a large number of housing opportunities in Hulhumale’. By 2019, it is projected that 15,000 such housing units will be built in Hulhumale’. The existing environment at the project site does not consist of any significant vegetation and the water test result shows normal water quality. There are no residents living in Phase II yet and there is no other structure at the site as well. However there are other similar developments including the 7000 housing units. Other development in the land include shore protection and road construction. During the construction stage, health and safety standards of the workers at site, and waste generation is the major areas of concern as is the case for similar developments. With proper planning and project management, this can be easily mitigated. Impacts on water quality due to dewatering as identified can be mitigated by dewatering inland. Waste is the main concern during the operational stage of the project, in addition to social issues. Since this will be developed as a condominium with multiple tenants owning the rights of the building, it has to be ensured that the tenants are held responsible to properly maintain the building. Impacts that may occur due to conflicts with other developments being undertaken simultaneously can be mitigated with proper communication and planning before project implementation. Long term social issues are envisaged due to a large population living in a concentrated area. Several social and legislative mitigation measures are proposed to counter this. Also concerns regarding fire safety exists. Proper fire safety measures are very important to be established as well as additional features such as sprinkler systems in each floor. Regarding alternatives, there are no viable alternatives available for the project with respect to location, as the most suitable location had been predetermined during the planning stage. The no project option is also not plausible at this stage and possibilities are outside the scope of this study. Other alternatives including material, foundation type, construction methodology are not necessarily recommended. Recommendations had been made to proceed with the project as planned. It is recommended to dewater inland to an empty land close to the project site after excavating the area to ensure that water is contained in the allocated area, and will not have any negative impact on the groundwater aquifer. An environmental monitoring plan is proposed to be carried out with 2 phases; one for the construction stage, and one for 2 years post construction. Factors to investigate include surveying the amount of waste generation, noise pollution, traffic flow, health and safety at site and water quality. The project in general has minimum impact as it is being undertaken in newly developing land. All project specific building related impacts highlighted in the study can be mitigated. The socio-economic benefits to Greater Male’ City from projects such as these is very high. The project would go a long way in providing much needed additional housing opportunities, which would contribute to alleviating the housing issues in Male’ City, and therefore mitigating the issues related to congestion. Thus, after consideration of all these perspectives, it is recommended that this project proceed as planned, after incorporating the mitigation measures given in this study with the commitment to implementing the monitoring plan given. Furthermore, proper planning and stronger legislation is required to ensure sustainability of such projects and to ensure maximum benefits are reaped from them. Building maintenance legislation needs to be strengthened to ensure such projects provide the maximum benefits to the community with minimum risks over a long period.
  • Thumbnail Image
    Item
    Technical Report
    Environmental impact assessment proposed mixed residential apartment building development ‘Fitron Residence’ in Plot C4‐2, Hulhumale’, Maldives
    (2017-10) Musthafa, Amir
    This report is based on the proposed mixed residential building construction in Plot No. C4- 2, Hulhumale’. It is proposed to build two 10 storey towers, of which 2 storeys will be allocated for commercial purposes. The project is being developed by MUNI Enterprises Pvt. Ltd. The proponent is to oversee the development and project management including managing the EIA process. The contractor has not yet been decided. An Environmental Impact Assessment was necessary for the works as per the requirements of the signed agreement between MUNI Enterprises Pvt. Ltd. and Housing Development Corporation (HDC). In addition to meeting the regulatory requirements, the report would further assist the proponent and important stakeholders to make decisions based on favourable environmental conditions with the main focus on sustainability. The project also adheres to several other rules and regulations in the Maldives and has obtained permit from HDC to proceed. HDC is a government entity being given the responsibility to set guidelines and oversee all developments in Hulhumale’. The project is part of larger program by HDC to establish mixed residential buildings in Hulhumale’. Therefore, many similar EIAs have been done recently. Apartments in these buildings can generally be regarded as being targeted towards middle to upper class members of the community. The project will contribute to the grand plan by the government of reducing congestion in Male’ by providing more housing opportunities in Hulhumale’. By 2019, it is projected that there will be over 1000 such housing units built in Hulhumale’. The existing environment at the project site does not consist of any significant vegetation and the water test result shows deteriorating water quality. There are no residents living in close proximity to the site and there is no other structure at the site as well. However, there are numerous similar developments including Rainbow Oceanfront building development in Plot D2-3 and other developments by ENSIS, APOLLO holdings, DAMAS, etc along the same road. The proposed site also directly faces the Hulhumale’ western shoreline. During the construction stage, health and safety standards of the workers at site, and waste generation are the major areas of concern as is the case for all similar developments. With proper planning and project management, this can be easily mitigated. Waste is the main concern during the operational stage of the project as well. Since this will be developed as a condominium with multiple tenants owning the rights of the building, it has to be ensured that the tenants are held responsible to properly manage the waste in addition to maintaining the building. Further impacts to the adjacent construction site are foreseen. However, this can be mitigated with proper communication and planning before project implementation. Regarding alternatives, there are no viable alternatives available for the project with respect to location. The no project option is also not plausible at this stage and possibilities are outside the scope of this study. Other alternatives including material, foundation type, maintenance methodology, construction methodology are not necessarily recommended. Recommendations had been made to proceed with the project as planned. An environmental monitoring plan is proposed to be carried out with 2 phases; one for the construction stage, and one for 2 years post construction. Factors to investigate include surveying the amount of waste generation, noise pollution, traffic flow, health and safety at site and water quality. All the impacts as highlighted in the project can be mitigated. The socio-economic benefits to Greater Male’ City from projects such as these is high. It also provides additional housing opportunities, which would contribute to alleviating the housing issues in Male’ City, and therefore mitigating the issues related to congestion. Thus, after consideration of all these perspectives, it is recommended that this project proceed as planned, after incorporating the mitigation measures given in this study with the commitment to implementing the monitoring plan given.
  • Thumbnail Image
    Item
    Technical Report
    Environmental impact assessment proposed mixed residential apartment building development ‘The Gardens’ in Hulhumale’, Maldives – Jausa Investments
    (2017-11) Musthafa, Amir
    This report is based on the proposed mixed residential building construction in Plot No. D2- 1A, Hulhumale’. It is proposed to build two 12 storey towers, of which 2 storeys will be allocated for commercial purposes. The project is being developed by Jausa Investment Pvt. Ltd. and constructed by Jausa Construction Pvt. Ltd. Jausa Investment (Jausa) is to oversee the development and project management including managing the EIA process. An Environmental Impact Assessment was necessary for the works as per the requirements of the signed agreement between Jausa. and Housing Development Corporation (HDC). In addition to meeting the regulatory requirements, the report would further assist the proponent and important stakeholders to make decisions based on favourable environmental conditions with the main focus on sustainability. The project also adheres to several other rules and regulations in the Maldives and has obtained permit from HDC to proceed. HDC is a 100% government entity being given the responsibility to set guidelines and oversee all developments in Hulhumale’. The project is part of larger program by HDC to establish mixed residential buildings in Hulhumale’. Therefore, many similar EIAs have been done recently. Apartments in these buildings can generally be regarded as being targeted towards middle to upper class members of the community. The project will contribute to the grand plan by the government of reducing congestion in Male’ by providing more housing opportunities in Hulhumale’. By 2019, it is projected that there will be over 1000 such housing units built in Hulhumale’. The study was initially initiated in May 2017. The project however dragged on due to delays in receiving some approvals from HDC. The existing environment at the project site does not consist of any significant vegetation and the water test result shows normal water quality. There are no residents living in close proximity to the site and there is no other structure at the site as well. However there are numerous similar developments including K Park building development in Plot D2 1B and Sandal Mauritius building in Plot D6 1C. The proposed site also directly faces the Hulhumale’ central Park. During the construction stage, health and safety standards of the workers at site, and waste generation is the major areas of concern as is the case for all similar developments. With proper planning and project management, this can be easily mitigated. Waste is the main concern during the operational stage of the project as well. Since this will be developed as a condominium with multiple tenants owning the rights of the building, it has to be ensured that the tenants are held responsible to properly manage the waste in addition to maintaining the building. Further impacts to the adjacent construction site is foreseen. However, this can be mitigated with proper communication and planning before project implementation. Regarding alternatives, there are no viable alternatives available for the project with respect to location. The no project option is also not plausible at this stage and possibilities are outside the scope of this study. Other alternatives including material, foundation type, construction methodology are not necessarily recommended. Recommendations had been made to proceed with the project as planned. An environmental monitoring plan is proposed to be carried out with 2 phases; one for the construction stage, and one for 2 years post construction. Factors to investigate include surveying the amount of waste generation, noise pollution, traffic flow, health and safety at site and water quality. All the impacts as highlighted in the project can be mitigated. The socio-economic benefits to Greater Male’ City from projects such as these is high. It also provides additional housing opportunities, which would contribute to alleviating the housing issues in Male’ City, and therefore mitigating the issues related to congestion. Thus, after consideration of all these perspectives, it is recommended that this project proceed as planned, after incorporating the mitigation measures given in this study with the commitment to implementing the monitoring plan given.
  • Thumbnail Image
    Item
    Technical Report
    Environmental impact assessment for the construction and setup of a sewerage system in Landhoo Island, Noonu Atoll, Maldives
    (2017-11) Water Solutions
    This report discusses the findings of an environmental impact study undertaken by Water Solutions Pvt. Ltd in order to fulfill obligatory requirements of the National Environment Protection and Preservation Act, Law No. 4/93 for the proposed setup of the sewerage system (hereafter referred to as the project) in Landhoo island, Noonu Atoll, Maldives. The purpose of this EIA is to identify and minimize potential adverse environmental impacts related to this project and enhance the overall quality of the project. By examining the project location, the legal framework and the existing environmental components such as marine ecology and the socioeconomic aspects, this EIA provides useful information regarding the extent, nature and the magnitude of impacts that are likely to occur. The EIA will also help to identify the long term socio-economic benefits to the community after implementing this project. It also provides a framework for future monitoring of the environment, so that changes can be monitored and corrective measures can be undertaken. The proposed project aims to establish a sewerage collection and disposal system in the island of Landhoo in Noonu Atoll. The concept designed for Landhoo is a gravity type wastewater collection and disposal system. The existing systems are mainly based on septic tanks and small bore sewers. Without proper maintenance these systems are prone to damage and contamination of groundwater can occur. The contamination of the groundwater has occurred to the extent that it cannot be utilized for any potable use. Therefore, the current setup is not environmentally acceptable nor suitable. The sewerage system for Landhoo will be a gravity sewerage system where sloping pipelines will allow waste water from the entire island to flow to three zonal pumping stations. The sewage will be pumped from the pumping station to the treatment plant where it will be treated and discharged via a sea outfall pipeline into the sea. The sewerage system will comprise of elements of a given specification for sewer mains, cleanouts, manholes, vents, pump stations, outfall pipeline and diffuser that will ensure a 30 year design flow The sewerage system therefore comprises of the following components: a) Household inspection chambers. b) A gravity sewerage reticulation network. c) Reticulation pumping stations and pressure main system. d) Construction of a sea outfall to discharge the sewage into deep sea. The proposed project will ensure that the groundwater of the island does not get contaminated through improper sanitation systems. It will also ensure that the surrounding marine environment will improve in terms of environmental quality and will ensure pollution from sewage does not occur on the near shore environments. The project is expected to bring several positive impacts on the environmental quality of the island and the surrounding reef. Particularly, the most significant benefit would be achieved through improvement in the bacteriological quality of the groundwater. The health benefits of the project are worthy of noting as the improvement in water quality are going to bring significant health benefits to the community. Environmental & social impacts and the mitigation measures Several environmental impacts of this proposed project have been examined through a number of processes. These include consultations with the project development team, field surveys, observations and assessment, and field experience gained from similar development projects implemented throughout the country. Potential positive and negative impacts on the environment have been considered. The assessment indicates environmental impacts, both during the construction and operation stage. During the construction period, impacts are likely to occur on the marine and terrestrial environment (groundwater). Most of the impacts during the construction period are impacts related to construction waste, dewatering, disruptions to the local traffic, dust emission, damage to the reef during sea outfall construction and noise. During the operational stage of this project, there will be both positive and negative impacts. Positive impacts include the improvement of the ground water quality of the island. Negative impacts include the increased in extraction of groundwater for toilet flushing that may increase the chances of groundwater salinization at a much accelerated rate. This project does foresee some negative impacts even during the construction stage but is geared towards improving the overall environmental quality of the island, most notably the environmental health. The project is presently planned to lay the sewer pipeline along the center of the exiting road. During this process, dewatering and construction pose some challenges. Previous experience of sewer construction in the Maldives has indicated that excavation depths more than 3.5m are not recommended for conventional dewatering methods to avoid the risk of undermining and trench collapses as well as loss of structural integrity of the surrounding earth. For the purpose of the Landhoo design, the maximum depth of excavation will not exceed 3.5m as per the Design criteria and technical specifications for conventional gravity sewerage systems guideline released by the Water and Sanitation Unit of the Environmental Protection Agency (Environmental Protection Agency, 2015). Strict reference to these criteria will be followed and necessary as some streets are very narrow and congested, leaving limited space for mechanical excavation between buildings for the installation of pipelines. The lack of an approved land use plan for the island is also a draw back for Landhoo. The present design is based solely on the existing populated area in the island. There are large areas of the island undeveloped and unzoned due to lack of a proper land use plan. The island is a potential hot spot for future tourism development due to the vase natural resources (beach, mangroves and thick forests and plenty of land). Different types of developments such as guesthouses and restaurants may require grease traps to prevent large influxes of unwanted material into the sewerage network. Therefore the present design of the system has not considered these future developments and in the event of such developments, the existing system will require upgrading. Requirements may need to be specified at a policy level to counter this issue. Therefore this is a potential risk factor in this project. Despite these shortcomings the project does not pose serious threats to the natural environment (marine and terrestrial) and will directly benefit the environment and the community, both in the short and long term. Minor negative impacts with varying significance will occur as the project is implemented. They include dewatering and localized salinization, disruption to public transport, dust emissions during pipe laying work and reef damage during the process of outfall construction. The pump stations have not been placed around the periphery of the island, instead are located within the population zone. This could pose the issue of foul odour in the event of a system failure whereby the foul odour abatement mechanism is affected. Incorporating the pump stations in the populated areas is a necessity and this design factor will enhance the functioning of the overall system. The project will benefit the community and the island in the long term. It is important to ensure that the project implementation is carried in a sustainable manner and in such the sewerage system can be maintained in a cost effective manner as and when required. It is therefore in the opinion of the consultant that the project does not foresee significant negative environmental impacts and should be allowed. Although the project will benefit the community, the proposed design has a number of disadvantages. Construction of pump stations underground on the streets is seen as a design issue that could have operational difficulties. Instead, the pump stations could be located within the residential block boundary with a small plot of land allocated for the pump station. Selection of sites can be focused on places such as mosque, symmetry and from other public buildings or plots of land. With the present design, a number of operational difficulties are anticipated. Experience from similar systems setup elsewhere in the Maldives have been studied and reviewed for this project. The reviews and experiences from these systems are not in favor of the present design and this is something that needs to be considered before undertaking the project. Sanitation systems must be both environmentally and socially friendly and acceptable. As important as the design is the operation and maintenance. Operation and maintenance should be viewed as a key sustainable aspect of similar projects. No matter how good a design is, the sustainability and acceptability will depend on how good the system functions in the operational period. With the pump stations being located on the road itself, there are a number of such difficulties which are equally as important as the engineering design aspects.
  • Thumbnail Image
    Item
    Technical Report
    Environmental impact assessment proposed 1394 social housing units development project in Hulhumale’ Phase II
    (2017-12) Musthafa, Amir; Aujaaz, Nafha
    This report is based on the proposed 1394 social housing units proposed for Hulhumale’ Phase II. Twelve buildings in total will be built as part of the project, each 14 storeys high. The project is being developed by Housing Development Corporation (HDC), and constructed by 23rd Metallurgical Construction Group Co. Ltd., which will oversee the development and project management including managing the EIA process. An Environmental Impact Assessment was necessary for the works due to the large scale of the project with high rise buildings. In addition to meeting the regulatory requirements, the report would further assist the proponent and important stakeholders to make decisions based on favourable environmental conditions with the main focus on sustainability. The project also adheres to several other rules and regulations in the Maldives and has obtained permit from HDC to proceed. HDC is a 100% government entity, which also has the responsibility to set guidelines and oversee all developments in Hulhumale’. The project is part of larger program by HDC to establish 15,000 social housing units in Hulhumale’. Therefore, other similar EIAs have been done recently, most notably for the 7000 housing units project and 2500 housing unit project. Apartments in these buildings can generally be regarded as being targeted towards lower class members of the community, who cannot afford commercial housings. The project will contribute to the grand plan by the government of reducing congestion in Male’ by providing a large number of housing opportunities in Hulhumale’. By 2019, it is projected that 15,000 such housing units will be built in Hulhumale’, which would accommodate approximately 80,000 people. Similar to the other building EIA’s in Phase II, the existing environment at the project site does not consist of any significant vegetation and the water test result shows normal water quality. There are no residents living in Phase II yet and there is no other structure at the site as well. However, there are other similar developments previously stated projects. Other development in the land include shore protection and road construction, which is currently ongoing. During the construction stage, health and safety standards of the workers at site, and waste generation is the major areas of concern as is the case for similar developments. With proper planning and project management, this can be easily mitigated. Impacts on water quality due to dewatering as identified can be mitigated by dewatering inland. Waste is the main concern during the operational stage of the project, in addition to social issues. Since this will be developed as a condominium with multiple tenants owning the rights of the building, it has to be ensured that the tenants are held responsible to properly maintain the building. Impacts that may occur due to conflicts with other developments being undertaken simultaneously can be mitigated with proper communication and planning before project implementation. Long term social issues are envisaged due to a large population living in a concentrated area. Several social and legislative mitigation measures are proposed to counter this, including greater policing activities, larger public spaces, etc. Also concerns regarding fire safety exists. Proper fire safety measures are very important to be established as well as additional features such as sprinkler systems in each floor. In addition to fire safety, other impacts due to fuel storage at site and use and storage of chemicals are cause for concern. These can be mitigated by following the fuel and chemical storage standards and best practice methods. Regarding alternatives, there are no viable alternatives available for the project with respect to location, as the most suitable location had been predetermined during the planning stage. The no project option is also not plausible at this stage and possibilities are outside the scope of this study. Other alternatives including material, foundation type, construction methodology are not necessarily recommended. Recommendations had been made to proceed with the project as planned. It is recommended to dewater inland to an empty land close to the project site after excavating the area to ensure that water is contained in the allocated area, and will not have any negative impact on the groundwater aquifer. An environmental monitoring plan is proposed to be carried out with 2 phases; one for the construction stage, and one for 2 years post construction. Factors to investigate include surveying the amount of waste generation, noise pollution, traffic flow, health and safety at site and water quality. The project in general has minimum impact as it is being undertaken in newly developing land, similar to the other current developments in the area. All project specific building related impacts highlighted in the study, including those related for fire risks, health and safety, and fuel and chemical storage and use can be mitigated. The socio-economic benefits to Greater Male’ City from projects such as these is very high. The project would go a long way in providing much needed additional housing opportunities, which would contribute to alleviating the housing issues in Male’ City, and therefore mitigating the issues related to congestion. Thus, after consideration of all these perspectives, it is recommended that this project proceed as planned, after incorporating the mitigation measures given in this study with the commitment to implementing the monitoring plan given. Furthermore, proper planning and stronger legislation is required to ensure sustainability of such projects and to ensure maximum benefits are reaped from them. Building maintenance legislation needs to be strengthened to ensure such projects provide the maximum benefits to the community with minimum risks over a long period.