Onshore Energy Conference — Dubai Onshore Energy Conference — Dubai 02 | Page 49

THE P H REPORT
Figure
6: Infrastructure spending
evolves
with a region’s
growth ECONOMIC
INFRASTRUCTURE
SPENDING
EVOLVES
WITH economic
A REGION’S
GROWTH
Where are the Cities of Opportunity positioned today in the evolution of urban infrastructure and what will future infrastructure demands be?
Proactive: Setting the
pace, ahead of the
demand curve, and more
attractive city in which
to live, work, and do
business.
Eco living
Culture
Technology
Reactive: Struggling to
keep pace with demand,
and less attractive city in
which to live, work, and
do business.
Leisure
Water
Commercial
property
Mass transit
Hospitals
Basic
housing
Green space
Power
Roads,
buses
and taxis
Market
stalls
Elderly
care
Air, rail
and sea
connectivity
Schools
Natural
disaster risk
management
Waste
and
sewage
Basic
Infrastructure to ensure more basic
needs are met in terms of healthcare,
primary and secondary education,
transport connectivity within a city and
to surrounding areas, and access to
power for households and business.
Survival
Minimal urban infrastructure to meet
basic human survival needs such as
running water and shelter.
Environment
Education
and research
Advanced
Infrastructure geared more toward
improving economic growth and
productivity, competitiveness, and
economic efficiency, including mass
transit, commercial property, technology,
global connectivity, advanced university
education and research, and enhanced
natural-disaster risk management, such
as flood defenses, to prevent human
suffering.
Quality of life
Infrastructure targeting more advanced
human needs to improve all aspects
of quality of life and sustainability,
including elderly care, green space,
leisure and cultural assets, and
environmental infrastructure.
▲ Chart 12
Thinking
about
Source:
PwC,
Cities of Opportunity: Building the Future, November 2013
infrastructure
needs to go beyond
traditional ideas
CHINA TOTAL SOCIAL FINANCING
$tn, 2001 –
30
MATTERS
TO EVERYONE
TOO LATE
Source: IEC analysis: PBOC data
MATTERS TO SOME
25
20
CHINA SHADOW
15
10
DOESN’T MATTER TO ANYONE
CHINA OFFICIAL
5
0
Chart 13
China’s shadow
lending rose
again last year
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