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Smart cities may make smart investments
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While smart cities present potentially lucrative investing opportunities, investors must evaluate these companies based on their long-term potential.
PHOTO: LIANHE ZAOBAO
Niquole Sim and Larenza Ng
SINGAPORE – Mention “Smart City”, and those of us old enough might recall The Jetsons cartoon, with its Google-style city architecture and homes with space age push-button conveniences.
One need not look at the reel world to see a smart city these days. In the real world, Singapore is ranked the smartest Asian city, and the seventh smartest in the world, according to the 2023 Smart City index by Swiss business school Institute for Management Development, which ranked Zurich as No. 1.
