agenda - global infrastructure initiative...12.30–15.30 classical istanbul tour: blue mosque,...

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Agenda

Wednesday,28November

12.30–15.30 CLASSICALISTANBULTOUR:BLUEMOSQUE,HAGIASOPHIA,ANDBASILICACISTERNThistourisamustforvisitorstoIstanbul.DiscoverthemonumentalbuildingsofIstanbul—thecapitalofthreeempires(Roman,Byzantine,andOttoman)—eachofwhichleftitsmarkintheheartofthecity.Onthistour,youwilltravelthousandsofyears—fromonecivilizationtoanother—injustafewfootsteps.

12.30-14.00 WOMENLEADERS’LUNCHEON

Joinwomenleadersfromacrosstheglobeforaluncheonandspiriteddiscussionontheroleofinfrastructureineconomicdevelopment.Hostedby:MadeleineAlbrightandCarolBrowner,AlbrightStonebridgeGroup

16.30–16.55 OPENINGSESSION:WELCOMEANDFRAMING

Openingremarks:DominicBarton,WorldwideManagingDirector,McKinsey&CompanyJimmyHexter,Partner,McKinsey&CompanyFacilitateddiscussiontosurfacekeyissuesfacingparticipants:RikKirkland,SeniorManagingEditor,McKinsey&Company

16.55–17.25 GLOBALPERSPECTIVE

Infrastructureisoneofthecornerstonesofastableandproductivesociety.Therightinvestmentsintransportation,housing,energy,andcommunicationsareessentialtocreateastrongandcompetitiveeconomywithgoodjobsandimprovedstandardsofliving.Decisionmakersneedtobalanceeconomic,social,demographic,andenvironmentalfactorstomakeeffectiveinfrastructureinvestments.Thissessionreflectsonthegrowingimportanceofinfrastructureformankindinaworldthatwillsoonbehometomorethan9billionpeople.MadeleineAlbright,Chair,AlbrightStonebridgeGroup;FormerUSSecretaryofStateModerator:JimFrederick,Editor,TIMEInternational

17.25–18:10 RETHINKINGINFRASTRUCTURE

Manycriticshighlighttheworld’sinfrastructurechallenges—fewdeliversolutions.Itisevidentthattheoldwaysofplanning,operating,building,andfinancinginfrastructurearefailingtomeettheneedsofthe21stcentury.Ourgoalistotransformtheconversationfromoneofinsurmountablechallengestooneofopportunityandinnovation,collaborativelycreatingaplatformtomovetheinfrastructurediscussionfromrhetorictoaction.Wheredowestart?Panelists:RashadKaldany,VicePresident,GlobalIndustries,InternationalFinanceCorp.MichaelOnolememen,MinisterofWorksandMember,FederalExecutiveCouncil,RepublicofNigeriaDavidWelch,SeniorVicePresidentandRegionPresident,EMEA,Bechtel

November28-30,2012CiraganPalaceKempinski

Istanbul,RepublicofTurkey

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Moderator:JulianMills,Partner,McKinsey&Company

18.10–19.00 RECEPTION19.00–21.30 DINNERANDKEYNOTEDISCUSSION

INTEGRATINGINFRASTRUCTUREINTOSOCIO-ECONOMICTRANSFORMATIONSpeaker:HisExcellencyPaulKagame,President,RepublicofRwandaModerator:JimmyHexter,Partner,McKinsey&Company

21.30 NIGHTCAPThursday,29November08.00–09.00 BREAKFASTDISCUSSIONSESSIONS Participantsselectoneofthreeconcurrentdiscussionsessions.

INFRASTRUCTUREPLANNING:TAKINGALONG-TERMPERSPECTIVEWhydothesameobstacles—includingpowerbrownouts,watershortages,andovercrowdedtransportation—occursofrequentlyinsomanycountriesaroundtheworld?Oftentheseeventsaresymptomsofacommonproblem:investingtoolateintherightinfrastructure.Whatapproachescaninfrastructureplannersusetobuildaheadofdemand,withoutcreating“whiteelephants”?Whatlessonscanwelearnfromexperiencedinfrastructureleaders?DiscussionLeaders:ParagKhanna,Director,HybridRealityInstituteDavidMiddleton,ChiefExecutive,TransportScotlandChulHumPaik,ExecutiveDirector,Macquarie;CEOandRepresentativeDirector,KoreaInfrastructureFund;MacquarieGroupModerator:StuartShilson,Partner,McKinsey&CompanyIDENTIFYINGANDUNLEASHINGUNTAPPEDCAPACITYManyinfrastructureassetshaveuntappedcapacity.Unlockingthisadditionalcapacityoftenrequiresdifficultoperational,regulatory,orstrategicdecisions.Forexample,capacityrightsmighthavetobetakenawayfromaninefficientuser.Howmuchuntappedcapacityisoutthere?Whatprovenapproachesexisttoidentifyandunlockthatmuch-neededcapacity?DiscussionLeaders:CarolBrowner,SeniorCounselor,AlbrightStonebridgeGroup;FormerAdministrator,USEnvironmentalProtectionAgencyIsabelDedring,DeputyMayorforTransport,GreaterLondonAuthorityStephenDowd,SeniorVicePresident,Infrastructure,OntarioTeachers’PensionPlanAbdelKawiKhalifa,MinisterofWaterandWastewaterUtilities,EgyptModerator:JulianMills,Partner,McKinsey&CompanyINNOVATINGTHECONTRACTINGMODELTraditionalapproachestocontracting(suchasdefiningdetailedcontractsupfrontandallocatingworktothelowestbidderoneachparcelofwork)seemconsistentlytodeliverpoorresults.Whatinnovativeapproachestocontractinggeneratethebestresults?Whatarethecost-and-risktradeoffsbetweentraditionalmethodsandthosethatallocatemoreresponsibilitytoprivatecontractors?Whatcanthissectorlearnfromotherindustries?DiscussionLeaders:

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AnneBaldock,FormerPartner(Retired),Allen&OveryJeanPaulDrabbe,ManagingDirectorAPC,PortofAmsterdamGuyMehula,President,MiddleEastandNorthAfrica+,ParsonsModerator:GeoffYarema,PartnerandPastChair,InfrastructurePracticeGroup,Nossaman

09.15-09.20 WELCOMEBACKREMARKS Speaker:JimmyHexter,Partner,McKinsey&Company09.20–09.30 McKINSEYONINFRASTRUCTURE

Meetingglobalinfrastructureneedsagainstabackdropofausterity,highercapitalcosts,resourceconstraints,andgrowingenvironmentalconcernswillbechallenging.Butprovenstrategiesexisttohelpensurethatinfrastructureinvestmentmaximizesvalue.McKinseyGlobalInstituteandinfrastructurepracticehaveanalyzedinfrastructureinvestmentneeds,spendandtrends,aswellasover400casestudiesofferinglessonsonhowtheworldcanbetterplan,operate,buildandfinancetheinfrastructureitneeds.

Presenter:HerbertPohl,Partner,McKinsey&Company09.30–10.10 DECIDINGWHATTOBUILD

Theneedtobuildbetterinfrastructure—whichenableseconomicgrowth,createsjobs,andimproveslivingstandards—hasneverbeengreater.Whendecidingwhattobuild,infrastructureplannersandpolicymakersoftenneedtotradeoffcomplexpolitical,economic,social,andenvironmentalfactors.Howdoweimprovestrategicinfrastructureplanning,ensuringthatprojectsaredrivenbymarketdemand,resilienttofutureneeds,andabletostimulateeconomicgrowth?Panelists:TrevorFowler,CityManagerandCEO,CityofJohannesburgAndrésKuhlmann,ChiefExecutiveOfficer,TranselecLeeMcIntire,ChairmanandCEO,CH2MHILLModerator:JohnPodesta,Chair,CenterforAmericanProgress;FormerChiefofStafftothe42ndPresidentoftheUnitedStates

10.10–10.20 INNOVATIONBURST:DESIGNINGINFRASTRUCTURETHATHEALS

MASSDesignGroupcombinesinnovativeandappropriatedesignwithimmersiveresearch,leveragingthedesignprocesstogeneratesystemicchange,breakthecycleofpoverty,andultimatelycreatebuildingsandinfrastructurethatheal.Speaker:AlanRicks,FoundingPartnerandCOO,MASSDesignGroup

10.20–11.00 OPTIMIZINGEXISTINGINFRASTRUCTURE

Withbudgetsunderpressureinmostofthedevelopedworld,improvingtheproductivityofexistingassetswhilereducingtheirmaintenancecostsisatoppriority.Whataretheinnovativeoperationalleversthatcanincreasethecapacityandimprovethequalityofexistinginfrastructure?Howcanwereducemaintenanceandrenewalcostsoveranasset’slifecycle?Panelists:AlbertoAlemánZubieta,FormerChiefExecutiveOfficer,PanamaCanalAuthorityRaymondCh’ien,Chairman,MTRCorp.Ltd.GunnarMalm,DirectorGeneral,Trafikverket,SwedishTransportAdministrationModerator:IsabelDedring,DeputyMayorforTransport,GreaterLondonAuthority

11.00–11.30 BREAK

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11.30–11.40 INNOVATIONBURST:T30—BUILDINGA30-STORYHOTELIN15DAYSLastyear,BroadGroupfromChinabuilta30-storyhotelinjust15days.Asidefromtheastronomicalspeed,this17,000-square-meterbuildingis5timesmoreenergyefficient,resistanttomagnitude9earthquakes,andproducesexponentiallybetterairquality.Howdidtheydoitandisthisstyleofconstructionscalable?Speaker:JulietJiang,SeniorVicePresident,BroadGroup

11.40–12.20 SMARTER,FASTER,BETTER,CHEAPER

Overthelasttwodecades,productivitygainsinthesectorhaveprovedhardtorealize.Inthiseraofausterity,arenewedfocusisrequiredtodeliverprojectsinsmarter,faster,better,andcheaperways.HowdowepracticallydeliverSmarter,Faster,Better,Cheaper?Isthereareplicableformulaforincreasingthepercentageofprojectsdeliveredontimeandonbudget?Whatcanwelearnaboutplanningandimplementationfromtheworld’sbestdevelopers?Panelists:JulietJiang,SeniorVicePresident,BroadGroupUweKrueger,ChiefExecutiveOfficer,WSAtkinsRossRolfe,ManagingDirector,ResourcesInfrastructure,LendLeaseModerator:JimFrederick,Editor,TIMEInternational

12.20–13.00 REBUILDINGAFTERDISASTERSANDCONFLICTS

Fukushima,9/11,Iraq,andtheAsianTsunamiareexamplesofmajorconflictsanddisastersthathaveleveledanarea’sinfrastructure.Duringtheposttransitioneconomicreconstruction,leadersfacechoicesthatwilldefinethefuture.Howdoleadersprioritizewhichinfrastructureassetstorebuildandhowdotheyprovidekeyservicesintheinterim?Whatarethepainfullessonsandbestpracticesinrebuildingfromgroundzero?Howcanwebetterprepareforfutureincidents?Panelists:KazimGökhanElgin,FoundingDirector,IstanbulProjectCoordinationUnitStephenHadley,Principal,RiceHadleyGatesLLC;FormerUSNationalSecurityAdviserKitMiyamoto,ChiefExecutiveOfficer,MiyamotoInternationalModerator:FredBerger,Chairman,LouisBergerGroup

13.00–14.00 LUNCH14.15–15.15 DISCUSSIONSESSIONS Participantsselectoneofthreeconcurrentdiscussionsessions.

MAKINGTHERIGHTTRADE-OFFSFromalong-termperspective,organizations,cities,andcountriessometimesendupbuildingthewrongassetortechnology.Whatapproachescaninfrastructureplannersusetodecidewhethertooptimizeanexisting,flawedassetorbuildsomethingnewinstead?Whenshouldplannersrecommendinvestmentinexpensivesustainabletechnologyratherthanaprovenpollutingtechnology?Whatassetsshouldwebebuildingforthe21stcentury,bearinginmindtheneedtostimulategrowthandcreatejobs?DiscussionLeaders:FahdAl-Rasheed,ChiefExecutiveOfficer,KingAbdullahEconomicCitySinthyaRoesly,ChiefExecutiveOfficer,IndonesiaInfrastructureGuaranteeFundJoziasvanAartsen,Mayor,TheHague,TheNetherlandsModerator:JasonPrior,ChiefExecutive,Planning,Design,andDevelopment,AECOMTAPPINGINTOTHEPOWEROFEND-USERFUNDING

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Manyoftheoperatingcostsofinfrastructureassetsarebornebythetaxpayerratherthantheenduser.Thisfundingmodeloftenresultsinendusersseeinginfrastructureasafreeandunlimitedresource.Isthisviewsustainable?Doesthemodelneedtoevolvetolimitdemandandrestricttheburdenonpubliccoffers?Whatarethe“socialequity”implicationsofaskingcitizens—whomaybeunabletobeartheexpense—topayforfundamentalservicessuchaswaterandsanitation?Whatshouldbethepriceforinfrastructureservices?DiscussionLeaders:NazirAlli,ChiefExecutiveOfficer,SouthAfricanNationalRoadsAgencyOmarAlWahaibi,ChiefExecutiveOfficer,ElectricityHoldingCo.,GovernmentofOmanPaulGreen,ChiefFinancialOfficer,EtihadRailPhilipMoeller,Commissioner,USFederalEnergyRegulatoryCommissionMuhammedHussainSyed,Administrator,KarachiMetropolitanCorp.Moderator:JulianMills,Partner,McKinsey&CompanyMAKINGINFRASTRUCTUREANATTRACTIVEINVESTMENTAnestimatedUS$2trillionisinvestedininfrastructureeachyear,butprivateinvestmentaccountsforonlyasmallpercentageofthisamount.Howattractiveisinfrastructureasanassetclass?Whatincentivizesordissuadesinvestors?Whatistheroleofsovereignwealthfunds?Whatneedstochangetomakeinfrastructureamoreattractiveinvestmenttoalltypesofinvestors?DiscussionLeaders:TasAnvaripour,HeadoftheInfrastructureFinanceandPPPUnit,PrivateSectorDepartment,AfricanDevelopmentBankArundhatiBhattacharya,ManagingDirectorandCEO,SBICapitalMarketsAhmetFaralyali,ManagingPartner,MediterraCapitalPartnersModerator:BenCheatham,Partner,McKinsey&Company

15.25–16.25 DISCUSSIONSESSIONS Participantsselectoneofthreeconcurrentdiscussionsessions.

HOWHUMANBEHAVIOR,DEMOGRAPHICS,ANDTECHNOLOGYAREINFLUENCINGINFRASTRUCTUREDESIGNInfrastructureandhumanbehavioraretightlyinterwoven.Planningforeffectiveinfrastructurerequiresanunderstandingofhowthepublicwilluseandreacttoit.Insomecases,usingnewinfrastructurewillrequirechangestohumanbehavior.Canbehavioralsciencehelpusunderstandhowtoplanandmanagebetter?Howdowebuildinfrastructuretomeetchangingdemographics?Willnewtechnologyhelpussolvethisconundrum?DiscussionLeaders:AyeshaKhanna,ManagingPartner,UrbanIntelFredMoavenzadeh,President,MasdarInstituteofScienceandTechnologyJanicePerlman,President,Mega-CitiesProjectModerator:StuartShilson,Partner,McKinsey&CompanyBRINGINGLABOR,CONSTRUCTION,ANDSUPPLY-CHAINPRACTICESINTOTHE21STCENTURYGovernmentsincreasinglyviewinvestingininfrastructureasapowerfullevertocreatejobs,andthetemptationisstrongtoputprotectionistpoliciesinplacetokeepthejobsonshore.But,inaworldwhereresourcesareincreasinglyscarceandinfrastructureisbecomingincreasinglycomplex,isthattherightstrategy?Whatstepscangovernmentstaketosafeguardjobcreationwhilepursuingefficiency,quality,andlaborproductivity?

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Whatinnovationsinconstructioncanbeimplementedtoimproveproductivity?Howcansupplychainsbebettermanagedandsourcedtoreduceprojectcostsandrisks?DiscussionLeaders:BentFlyvbjerg,FoundingDirector,BTCenterforMajorProgrammeManagement,SaïdBusinessSchool,UniversityofOxfordEricKeen,ViceChairman,HDR;President,HDREngineeringDannyMarian,Chairman,IsraeliAssociationofConstructionandInfrastructureEngineersEminSazak,President,TurkishContractorsAssociation;ViceChairmanandCEO,YükselModerator:JimmyHexter,Partner,McKinsey&CompanyRETHINKINGINFRASTRUCTUREOWNERSHIP:WHOSHOULDOWNWHATANDWHEN?Approximately80percentofatypicalcountry’sinfrastructurewasbuiltbythepublicsector,androughly60percentisstillownedbyit.Butdifferentassetshavebeenprivatizeddifferentlyindifferentcountries.Whichassetsnaturallybelonginthepublicorprivatesector?Whoisbestpositionedtotaketherisk,delivertheservice,andbenefitfromanylong-termreturn?Whatdoesownershipmeanforcountries,operators,andprivateinvestors?Whenintheproject-developmentcycleshouldprivateinvestmentbebroughtin?Whatistheoptimalroleforgovernmentcapital?DiscussionLeaders:AlainCarrier,ManagingDirector(Europe),PrivateInvestmentsandHeadofInfrastructure,CanadaPensionPlanInvestmentBoardThierryDéau,FoundingPartnerandCEO,MeridiamInfrastructureSofyanDjalil,Chairman,PTIndonesiaInfrastructureFinanceLiBo,ChairmanandCEO,TianjinInnovativeFinanceInvestmentModerator:RobPalter,Partner,McKinsey&Company

16.25–16.40 SWITCHBREAK16.40–16.50 INNOVATIONBURST:THESUPERGRID

TheSupergridistoutedasthetransmissionbackboneofEurope’sdecarbonizedpowersector,facilitatingthetradingofelectricityacrossEurope.ItpromisestostrengthensecurityofsupplyandcreateanopportunityforEuropeancompaniestoexportsustainableenergytechnology.WhatistheSupergrid,howwillitwork,andwhyisitimportant?Speaker:AnaAguado,ChiefExecutiveOfficer,FriendsoftheSupergrid

16.50–17.30 REDEFININGFINANCEANDPUBLICACCOUNTABILITY

Infrastructureprivatizationandpublic–privatepartnerships(PPPs)havedeliveredmixedresultsforendusersandinvestors.Butrisingdeficitsandgrowinginfrastructureneedsrequiregovernmentstoexploreclosercollaborationwiththeprivatesector.Meanwhile,betterregulation,stablereturns,androbustdemandareincreasinginfrastructure’sappealtoprivateinvestors.HowcantheindustryconstructbetterPPPstoimproveperformanceandreducerisksininfrastructureplanning,finance,construction,andoperation?Whatinnovativeprojectfinancing,assetownership,andgovernancemodelsareoutthere?Panelists:ChristopherLee,FounderandManagingPartner,HighstarCapitalArifNaqvi,FounderandGroupCEO,AbraajCapitalMehmetŞimşek,MinisterofFinance,RepublicofTurkeyMarkWiseman,PresidentandCEO,CanadaPensionPlanInvestmentBoardModerator:JudithRodin,President,RockefellerFoundation

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17.30–17.40 INNOVATIONBURST:COCA-COLAONINFRASTRUCTURETouchingmorethan20millionretailpointsofsaleeachweek--manyoftheminplaceswherecommunicationsandtransportationinfrastructuresdon'texist--TheCoca-ColaCompanyhasoneofthemosteffectiveandexpansivedistributionsystemsintheworld.Whatlessonshavetheylearnedinovercominginfrastructurechallengestoreliablyservemorethan1.7billionconsumerseachday,andbuildsustainablecommunitiesacrosstheglobe?Speaker:AhmetBozer,President,EurasiaandAfricaGroup,TheCoca-ColaCompany

17:40-18:15 KEYNOTE Speaker:AliBabacan,DeputyPrimeMinister,RepublicofTurkey

Introduction:DominicBarton,WorldwideManagingDirector,McKinsey&Company18:15–19.30 BREAK19.30–21.30 DINNERCRUISEONTHEBOSPHORUS

21.30 NIGHTCAPFriday,30November08.00–09.00 BREAKFASTDISCUSSIONSESSIONS Participantsselectoneofthreeconcurrentdiscussionsessions.

DEVELOPINGTHEINFRASTRUCTURELEADERSOFTHEFUTUREOverthenextdecade,theworldwillneedtospendUS$20trilliononinfrastructure,preparingtheplanetforapopulationof9billion.Thescaleofthechallengeisimmenseandexacerbatedbyonly10percentofcurrentprojectscominginontimeandonbudget.Greattalentconsistentlymakesthedifferencebetweenhigh-performingandlow-performingprojects.Whatwillittaketosourceanddevelopinfrastructureleadersofthequalityandquantityrequiredforthechallengesahead?DiscussionLeaders:FredBerger,Chairman,LouisBergerGroupRonaldDeFeo,ChairmanandCEO,TerexCorp.RyanOrr,ExecutiveDirector,CollaboratoryforResearchonGlobalProjects,StanfordUniversityK.L.Thapar,FounderandChairman,AsianInstituteofTransportDevelopment,NewDelhiModerator:MichaelSchneider,FounderandManagingPartner,InfraConsultSUSTAINABLEINFRASTRUCTUREINACHANGINGWORLDInaworldoflimitedresources,increasingpopulation,andclimatechange,infrastructurerequirementsareshifting.Howdoweeffectivelydeliversustainableinfrastructure,takingresourcescarcity,urbancongestion,andclimatechangeintoaccount?Caninfrastructureinvestmentbeamodelforsustainableconstructionanddevelopmentpractices?Howshouldclimatechangemitigationgoalsbeevaluatedwhenconsideringprojectalternatives?DiscussionLeaders:BenHecht,PresidentandCEO,LivingCitiesKimSang-Bum,ViceMayorforAdministrativeAffairs,SeoulMetropolitanGovernmentPeterMainz,PresidentandCEO,SensusJudithRodin,President,RockefellerFoundation

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BobUhler,ExecutiveChairman,MWHGlobalModerator:CarolBrowner,SeniorCounselor,AlbrightStonebridgeGroup;FormerAdministrator,USEnvironmentalProtectionAgencyFOLLOWINGTHESMARTMONEYOverrecentyearstheglobalunlistedinfrastructurefundmarkethasgrownataratepreviouslyunseen,expandingfromanichesectoroftheprivate-equitymarketintoamajorelementofthealternative-assetsindustry.Wheredoesthesmartmoneygoandwhatisthemostsensibleassetmixtobalanceriskandreturn?Willfundsdevelopanappetitefortherisk–rewardprofileofgreenfieldprojects?ArePPPstherightmodel?DiscussionLeaders:IlkerAyci,President,TheRepublicofTurkeyPrimeMinistryInvestmentSupportandPromotionAgency(ISPAT)ChristopherLee,FounderandManagingPartner,HighstarCapitalEmmaSriMartini,PresidentDirector,PTSaranaMultiInfrastruktur(Persero)DavidMetter,ChiefExecutive,InnisfreeModerator:RobPalter,Partner,McKinsey&Company

09.10–9.25 EVENTSAFFECTINGTHEEUROZONE

TheglobalfinancialcrisishasshakenEuropetoitsfoundations.Forgoodreason,rectifyingthesituationhasbeengiventopprioritybyEuropeanleaders.Aretheymakingprogress?Whatotherimportantgeo-politicalissuesarenotgettingenoughattention?ArethereanyupsidesforEuropeandtheworldasaresultofthiscrisis?Speaker:JoschkaFischer,ManagingPartner,JoschkaFischer&Co.;FormerViceChancellorofGermanyModerator:DavidWelch,SeniorVicePresidentandRegionPresident,EMEA,Bechtel

09.25-10.00 THEPUBLICPERSPECTIVE

TheGovernoroftheStateofRiodeJaneirosharesinfrastructurebestpracticesandchallengesfromoneofthemostexcitinginfrastructurehubsintheworld.Panelists:SérgioCabral,Governor,StateofRiodeJaneiroModerator:JoschkaFischer,ManagingPartner,JoschkaFischer&Co.,FormerViceChancellorofGermany

10.00–10.20 THEBESTIDEAS360

RecapofthebestideasandsolutionsfromtheDiscussionSessions.10.20–10.30 INNOVATIONBURST:SMARTSUSTAINABLECITIES

Forthefirsttimeinhumanhistorymorethanhalftheworld'spopulationliveinurbanareas.Oneofthekeychallengesofthismegatrendishowweapproachandsolveproblemswhilechangingourmindset.Innovativetechnologiesoffersmartsolutionswhicharevitalforthesustainabledevelopmentofcities.Whataresomeofthelatestandgreatestinnovationstomakecitiessmarterandmoresustainable,therebyenablingpeopleandbusinessestothrive?Speaker:HüseyinGelis,PresidentandChiefExecutiveOfficer,SiemensTurkey

10.30–11.10 CREATINGTHECITIESOFTHEFUTURE

Whilemuchofthedevelopedworldisstrugglingwithagingandinadequateurbaninfrastructure,somecountriesareleveragingnewtechnologytodesignandmanagecities.Whatwillthecitiesofthefuturelooklike,howwilltheyoperatedifferently,andwhatlessonscanbeappliedtoexistingcities?

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Panelists:FahdAl-Rasheed,ChiefExecutiveOfficer,KingAbdullahEconomicCityHüseyinGelis,PresidentandChiefExecutiveOfficer,SiemensTurkeyFritsvanPaasschen,PresidentandCEO,StarwoodHotelsandResortsWorldwideModerator:RobertUhler,ExecutiveChairman,MWHGlobal

11.10–11.15 CLOSINGREMARKS 11.15 SUMMITADJOURNS11.45 INFORMALLUNCHEON