The scale and pace of population growth are posing governments and city authorities around the world with massive challenges. At the most basic levels, food, water, sanitation, housing and energy needs must be met. Transport and air quality issues are often intertwined. Embracing global developments in connectivity and digitisation is necessary to function in modern, increasingly global society.
To address these challenges and create liveable and sustainable places, governments and city authorities will need to take strategically planned action. Inevitably, they will need to engage effectively with the private sector to draw in their expertise and financial capital. The most successful cities and societies will be those able to generate investor confidence and therefore to attract and retain long term investment for future growth and renewal.
Having the right legal environment, structures, delivery models and governance systems is vitally important to achieving this. Strategic planning to address these legal pre-requisites at constitutional, economic and built environment levels is central to success.
With that in mind, BLP, Siemens and PwC have joined forces to develop this report, which looks at the challenges for cities in delivering investor ready infrastructure projects starting with the legal and governance structures and then illustrating how cities can leverage financial mechanisms to their advantage to help deliver the infrastructure.
It seeks to provide city decision makers with the inspiration to create new approaches to private investment, and to make their cities investor ready. The report also illustrates how successful urban infrastructure delivery can be driven by cities whose governance structures, legal and policy frameworks, and commercial planning provides new incentives for development and long term investment opportunities.
With a growing need for urban management, strategic planning and infrastructure efficiency, this report also illustrates through a set of case studies of catalytic infrastructure developments how the intelligent planning of cities helps make informed decisions about the correct choice of infrastructure and supporting technology.