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
SIA sinks into the red with S$76 million Q1 loss as fuel costs jump
15-month wait-out curb lifted for private property owners buying HDB resale flats
ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land
A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap