Bengaluru to host SM@RT Urbanation summit in 2019

Fri, 2018-12-14 12:31 -- SCC India Staff

Vidhana

The Smart Cities Council India, part of the global consortium of smart cities, is organising 6th ‘Smart City Summit - SM@RT Urbanation’ at Bengaluru from September 24-25, 2019 to commemorate three years of the initiation of Smart Cities Mission.

The Summit will see participation from across the globe with more than 1,500 delegates, over 80 international visitors, 20 innovation hub speakers, 60 city officials, 100 exhibitors and start-ups. More than 50 eminent speakers will debate and deliberate on the various opportunities and pertinent solutions with regards to smart cities. The theme of the summit is “Project management and sustainability”.

The summit has received wholeheartedly support from the Government of Karnataka as a host state. Testimony to this will be the presence of HD Kumaraswamy, Chief Minister, Karnataka; G Parameshwara, Deputy Chief Minister, Minister of Bengaluru Development & Town Planning, Karnataka; UT Abdul Khader, Minister for Urban Development, Karnataka; TM Vijay Bhaskar, Chief Secretary, Government of Karnataka; and AB Ibrahim, Managing Director, Karnataka Urban Infrastructure Development and Finance Corporation.

The Smart Cities Council India is a think-tank working towards the development process of cities by providing all stakeholders with the relevant information about the Smart Cities development in India. The aim of the India Chapter is to provide the latest update about what is happening on the smart cities development front, gather and disseminate resources, collate industry data and showcase achievements in this segment.

SCM progress
At present, around 1,350 projects worth Rs 500 billion have been tendered in the Smart City Mission, of which work has begun or has been completed in 950 projects costing Rs 306.75 billion. Another 400 projects costing about Rs200 billion are at the tendering stage. Other projects being implemented in the mission are Smart Roads which optimize the utilization of space and are adding universal accessibility in 31 cities. 47 cities are implementing more than 120 MW of solar projects promoting cleaner energy. Development of public spaces like riverfront, waterfronts, rejuvenation of city lakes and ponds are a priority of the mission. One innovative feature of the mission is that municipal bodies need to leverage their financial resources by municipal bonds, value capture finance, PPP, multi-lateral loans etc. It is noteworthy that 98 projects costing Rs 60 billion are under implementation with the Public-Private Partnership (PPP). PPP projects are getting good responses not only in the big cities but even in the smaller towns.