1 Capturing Opportunities for Innovation in Asia’s Metropolitan Regions Capturing Opportunities for Innovation in Asia’s Metropolitan Regions Edward Leman.

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Presentation transcript:

1 Capturing Opportunities for Innovation in Asia’s Metropolitan Regions Capturing Opportunities for Innovation in Asia’s Metropolitan Regions Edward Leman President, Chreod Ltd. 27 March 2013

Share of World’s Gross Domestic Product (2012, 2030) Source: OECD (2013)

India’s and China’s GDP will more than quadruple by 2030 Source: OECD (2013)

4 Asia’s economic growth will not happen in the countryside…

5 Cities will be where Asian economies grow…

6 Urbanizing Asia, 2012

7 Asia’s Metropolitan Regions (> 1 mn), of World’s 454 metropolitan regions are in Asia (41%) Source: Chreod Global Metropolitan Database

Population of Asia’s Metropolitan Regions Source: Chreod Global Metropolitan Database

World’s Most Populous Metropolitan Regions, of the world’s largest metropolitan regions are in Asia; 21 are in China Source: Chreod Global Metropolitan Database

10 Shanghai Pudong

Not IF but HOW to engage with Asia’s metropolitan regions

Canada’s engagement must be demand driven…and go beyond oil, gas and minerals. We need to better understand market demands.

What is needed? lots of sustainable infrastructure lots of sustainable buildings huge mobility (transport) improvements within and between cities lots of investment innovative financing

Growing middle class demanding: better environmental quality safer cities (natural disasters) smarter cities (energy) affordable cities.

Asia’s metropolitan regions need to be hugely innovative if they are to become environmentally, socially, and financially sustainable.

Canada’s innovators need to engage with Asian metropolitan regions: companies design professions city governments public agencies universities.

Federal government should take on a coordinative and supportive role in Canada’s engagement with Asia’s metropolitan regions.

18 two parting ideas on moving forward…

1.EDC and CPP Investment Board spearheading a $1 bn innovative urban investment fund to support Canadian innovators in Asia’s metropolitan regions

2.NRC, SSHRC, IDRC, companies to capitalize a $100 mn Urban Innovation Fund to support commercial and academic R+D on sustainable development of Asia’s metropolitan regions.

Sorry I couldn’t make it to today’s session. Best wishes from Beijing for a productive discussion! Edward Leman