Smart cities in Southeast Asia

17 August 2018

Rapid growth in Southeast Asian cities has resulted in a number of issues such as a lack of adequate infrastructure, services and housing. However, ‘smart cities’ can integrate digital technologies and infrastructure to improve quality of life and solve public problems. Smart solutions can help to improve sustainability, reduce the impact on the environment, offer mobility solutions for commuting, and create efficient and productive business environments (through cost reduction and improved logistics). All cities across Southeast Asia have the potential to be smart and thereby improve living and economic conditions. However, due to varying economic systems, government, and technological maturity levels, cities would need to start at different points and set specific priorities according to their own context. Businesses can also help cities to become smart and create opportunities for themselves. To achieve this, business owners need to invest in and offer smart solutions and tools; rethink their own strategies; tailor solutions to specific cities (and have in-depth knowledge of said cities’ context); employ the right technology talent; and be willing to partner with private and public organisations. These solutions can help to address public issues and create further economic growth in Southeast Asia.

Read the full article on the McKinsey & Company website.

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