The two parties announced the agreement against the backdrop of the World Cities Summit, taking place in Singapore this week
The World Bank and Singapore Land Authority (SLA) have signed a memorandum of understanding (MOU) to promote greater use of geospatial information and technology for sustainable urban development in partner cities.
The MOU was signed in the presence of Singapore’s senior minister of State for Law and Health, Edwin Tong, and the World Bank CEO, Kristalina Georgieva, on the sidelines of the World Cities Summit 2018, which is taking place at Marina Bay Sands Expo and Convention Centre in Singapore 8-12 July.
Under this agreement, the SLA will provide its expertise in geospatial information and technology to the World Bank to facilitate the development of geospatial data infrastructures. It will also provide consultancy services for its projects with partner cities, including training workshops, advisory activities and knowledge sharing.
The World Bank will share its experiences in capacity building and urban development. Both parties will work together to promote the use of geospatial information and technology for better optimisation of land resources, land use planning and sustainable urban development.
“SLA is driving geospatial transformation in Singapore, building geospatial competencies and capabilities to empower citizens in a geo-enabled city,” said SLA chief executive, Tan Boon Khai. “Globally, we are also seeing increased geospatial interest, propelled by the greater need for locational intelligence in building smarter cities as well as improving urban and environmental management.
“This MOU will deepen our collaborative efforts to share our knowledge in harnessing the potential of geospatial information and technology for enhanced decision-making and analytics in various aspects of city planning and urban development in the region and beyond.”
Yesterday alongside the World Cities Summit, the Asean Smart Cities Network (ASCN) held its meeting which saw a number of cities strike agreements with corporate partners to help them in their progression towards becoming smart cities. The Straits Times reported on a letter of intent between Amata Smart City in Thailand’s Chonburi province and the Yokohama Urban Solution Alliance to collaborate on a smart energy system.
The newspaper also reported on the speech by Singapore’s foreign minister, Vivian Balakrishnan, in which he said cities now face “the key challenge” of identifying technological solutions that will help to them to overcome challenges related to urbanisation.
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