How can public-private-partnerships accelerate smart city initiatives?
On the morning of January 31 I joined Voice America radio for a talk with other smart city experts. Click here or on the coffee cup below to listen to the show:
The American Society of Civil Engineers graded America’s infrastructure only a D+ and estimated that over 3 trillion US$ is needed to upgrade it to modern standards. However, traditional financing sources are often inadequate.
The key points from the round of experts and radio host Bonnie D. Graham were:
- Smart Cities are not about gadgets, sensors or self-driving cars. They are about creating meaningful services for residents.
- Smart city administrators must become smart city technologists.
- Public-private-partnerships need to be mutually beneficial or they will not last.
- Public-private-partnerships combine skills and resources of both the public and private sectors.
- Social issues & resiliency are taking a front seat for cities.