January 22, 2025 - 05:21
At a recent workshop held in mid-November, experts gathered to discuss the future of urban development financing in the Asia Pacific region. Lawrence Lennon, director of capital markets at CBRE Vietnam, highlighted the challenges investors will encounter due to anticipated slower economic growth in the coming years. This shift necessitates a reevaluation of traditional financing methods to support the development of future cities.
Participants at the workshop explored various innovative financing solutions to address the unique needs of urban areas. The discussions emphasized the importance of collaboration between public and private sectors to create sustainable funding mechanisms. As cities evolve, there is a growing need for adaptable financial frameworks that can accommodate technological advancements and changing demographic trends.
The insights shared during the event underscored the urgency for stakeholders to rethink their approaches to urban financing. By embracing new strategies, investors can help shape resilient and sustainable cities that meet the needs of future generations in the Asia Pacific region.