Webinar Series: Road to Recovery [Episode 7]: Public-Private Partnership: The Funding of Smart Cities Development

The 7th episode of webinar series: Road to Recovery (Episode 7): Public-Private Partnership: The Funding of Smart Cities Development was successfully held on 24th August 2020 via Cisco Webex platform. It is aimed to provide a stepwise guideline on how private and the public can explore funding of smart cities development. Highlighting lessons based on the experience shared by the panelists are:

i. Jeffrey John Delmon – Private and public should work together to solve the problem by using their respective strength.

ii. TPr. Hajah Noraini Haji Roslan – The local authority does not need to have lots of money to start a smart city.

iii. Bachtiar Zainal Abidin – The good PPP’s will be able to monetize the benefits of the social-economic.

iv. Maslynnawati Ahmad – No specific funding model for smart cities depending on the location, what kind of project and duration of the contract.

v. Azrin Aris – The structure of the business model should be categories either for revenue generator or service optimization.

The webinar offered participants an exciting dialogue as well as opportunity to engage with smart cities experts and identify ways similar inventions can be applied and adapted to their own particular circumstances. It also outlined a possible process and posed questions to be considered in smart cities development. The 7th Webinar series was joined by 43 participants virtually and received around 110 views in YouTube platform. Other than virtual participants, the session also is concurrent with a workshop organised by TM One live from Majlis Perbandaran Klang which involved by 150 participants.