Asia turns to Australia for smart cities solutions
26 Nov 2019
Developers across Asia are seeking innovative solutions to help them create
more liveable and environmentally sustainable cities, opening up
opportunities for Australian designers, constructors and building
operators.
Already the world’s fifth largest economy, the ASEAN region is expected to
grow by at least 5.4 per cent each year for the next decade, well above the
global average. ASEAN’s rapid urbanisation rate will lead to an additional
54 million people moving from regional areas to Southeast Asian cities by
2025.
ASEAN leaders are preparing to meet the challenges of a low-carbon future
by designing urban environments that are liveable and environmentally
friendly. The World Bank predicts the region’s investment in green design
and buildings will reach US$3 trillion by 2030.
‘As Southeast Asia works towards the creation of smarter, more efficient
and more sustainable cities, this presents unique opportunities for
Australian technology providers to offer their solutions to major project
owners,’ says Susan Kahwati, Senior Trade and Investment Commissioner,
Austrade Bangkok.
ASEAN city planners are seeking innovative inputs into the design,
construction and operation of buildings and associated services. Other
areas of interest include building technology for improving operational
efficiency and enhancing residents’ liveability, as well as building
materials which support sustainable and eco-friendly living.
Innovative Australian building technology companies are already making
their presence felt in the region. Abuzz Solutions recently won a deal with
one of Bangkok’s leading developers to provide its state-of-the-art
way finding digital solutions for a major property development. The company
secured the contract – its first in Thailand – through in-market
introductions facilitated by Austrade.
Abuzz Solutions partnered with a leading multinational property developer
to deliver 70 digital screens for a new A$900 million mixed-use development
in Bangkok. The project is expected to be Thailand’s first to achieve the
WELL and LEED certifications, delivering a healthy working environment when
it is fully completed in 2025.
The company’s digital way finding solutions include smart interactive
directories and advertising content for visitors, improving the customer
experience. Abuzz Solutions hopes the partnership will pave the way for its
systems to be incorporated into other future mega project developments.
Contact Austrade for more
information on smart cities opportunities in ASEAN.