Mitbana CEO Gareth Wong shares views on “Investing in a Sustainable and Equitable Recovery” at World Cities Summit 2021

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Singapore, 8 Jul 2021 – Mitbana CEO, Mr Gareth Wong, recently joined a panel discussion at the 2021 World Cities Summit (WCS) on the topic “Investing in a Sustainable and Equitable Recovery”, to share his perspective on how city governments should design and structure infrastructure investments to ensure the resiliency and sustainability of their projects.

Jointly organised by Singapore’s Centre for Liveable Cities and the Urban Redevelopment Authority, the WCS is a biennial summit and platform for government leaders and industry experts to address urban liveability and sustainability challenges.

During the panel, Gareth shared how Mitbana seeks to define a better and more sustainable future in our developments. He said: “Cities today account for more than two-thirds of global energy demand, and they contribute 70% of greenhouse gases. Transportation is the largest energy-related CO2 emissions producer and three quarters of that come from road vehicles … We see a lot of potential in our platform to transform and redefine urban planning, to create smart and sustainable transit-oriented developments, and induct private sector capital to ensure long-term sustainability and resiliency of the desired outcomes we seek.”

The opening address for the panel discussion, which took place on 23 June 2021, was given by Ms Indranee Rajah, Minister in the Singapore Prime Minister’s Office and Second Minister for Finance and National Development. Other panellists included Mr Anies Baswedan, Governor of Jakarta; Mr Alfonso Garcia Mora, Vice President for Asia and Pacific at International Finance Corporation; and Ms Tan Su Shan, Group Head of Institutional Banking at DBS Bank.

Watch the WCS panel discussion here.