Digital twins can future-proof South-east Asia’s urban development
FROM the bustling roads of Bangkok and the soaring skyscrapers of Singapore, to the sprawl of Kuala Lumpur and Hanoi, South-east Asia’s metropolises are at the forefront of economic growth and future sustainable development.
Across the region, these dynamic cities are undergoing rapid urbanisation, attracting a constant influx of newcomers, offering economic, social, and cultural opportunities. Indeed, the United Nations Human Settlements Programme (UN-Habitat) sees urbanisation as a defining megatrend of the 21st century.
South-east Asia has been forecast to emerge as a powerhouse driving global economic growth, with anticipated growth rates of close to 5 per cent, snapping back from pandemic-led disruptions. Nevertheless, the region’s long-term prosperity faces a critical challenge in the form of an infrastructure gap, owing to population growth.
TRENDING NOW
Canada’s fight with the US has far bigger stakes than trade
Can Bali swop beach capital for global capital without the skyscrapers?
Stripe’s Apac business should grow faster than any other region, says its chief revenue officer
What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief