For example, digital optimisation of city transport and waste collection can minimise energy consumption and wasted time, while the digitalisation of energy grids can reduce wasted energy as well as facilitate the inclusion of renewables. Digitalisation can also deliver sustainable outcomes. The infrastructure sector in Asia is ripe for disruption, with various applications and commercialisation methods able to improve value, efficiency, productivity, inclusion and governance.
This enables improvements in design collaboration, construction feasibility and accuracy of as-built information, resulting in greater operational predictability and efficiency gains over the first KVMRT project. Malaysia's Klang Valley Mass Rapid Transit (KVMRT) Project and the first metro project in Asia-Pacific to adopt a Building Information Modelling (BIM) Level 2 strategy. Previously known as the MRT Sungai Buloh-Serdang-Putrajaya Line, the PY Line is the second rail line under Such expansion places enormous strain on existing infrastructure, and so many investors are targeting tech as a sustainable and profitable solution to accommodate such explosive growth.Īn example of how technology is improving efficiency and changing the way infrastructure is being built in Asia can be seen with the construction of the Putrajaya Line (PY Line) in Malaysia. According to projections by the United Nations, Asia is one of the fastest-urbanising regions in the world and will have a 64 per cent urbanised population by 2050. "5G and smart city projects seem more attractive to new-generation investors and they are keen on investing in technology-integrated development."ĥG and smart city projects seem more attractive to new generation investors and they are keen on investing in technology integrated developmentĭisruption, digitalisation and demographicsĮvolving demographics in Asia are creating significant opportunities for investors. "There will be more projects in the Asia-Pacific region aiming at digital connectivity," said the director of investment at one Australian investment fund. Innovations such as machine learning, robotics and artificial intelligence (AI) are becoming increasingly vital and are likely to significantly alter the way infrastructure development occurs in the future. Technology is playing a transformative role in infrastructure development in 2021. Our views on changing dynamics in energy, ESG, finance, globalization and US policy. Stay current on your favorite topics World in Transition