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Asia Invests in Infrastructure
Source: idg.no
Source Date: Thursday, September 26, 2013
Focus: Institution and HR Management
Created: Oct 08, 2013

The Asian government is investing in infrastructure in the region and upgrading its communication networks to improve the safety of its cities.

A newly released report from Frost & Sullivan indicates that a technology-driven concept results in a safe city, stabilise economy for its citizens and will give a boost to biometric markets in the region.

The research firm defines a Safe City as a place featuring integrated communications and technology, multi-agency collaboration, shared command & control, and intelligence and analytical capability.

A city possessing all these features is expected to result in various benefits including better approach to crime and disaster as well as better allocation of resources.

"Governments around the world are investing in the development of safe cities, with countries in the Middle East and Asia poised to experience rapid growth through heavy investment in the areas of infrastructure, new build, and significant upgrade of communication networks," said Shikhar Aggarwal, principal consultant, Security Practice, Frost & Sullivan Asia Pacific.

First responder community

Frost & Sullivan says that the Asia Pacific First Responders C3i and emergency response market was US$10.08 billion in 2012 and will grow to US$23.69 billion in 2019.

Infrastructure investments over the next decades are also predicted to increase significantly in this region.

The APAC region grabbed 37.8 percent of the biometrics market revenue in 2012 and is predicted to increase to 45.0 percent by 2021.

Looking forward, the biometric industry will experience exceptional growth and become popular at airports for first class travellers. Its popularity will provide greater flexibility and convenience to passengers.

"The most important infrastructural investments for the border control and biometrics market will probably be road/rail and air/seaports with an estimated US$1,590 billion set to be invested in airports and seaports from 2005 to 2030," said Richard Wong, director, Public Sector Practice, Frost & Sullivan Asia Pacific.

(By Anuradha Shukla)

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