Ho Chi Minh City could generate 1.4 billion USD by investing in makingits transportation system more resilient in extreme weather conditions, astudy released by Siemens and Arup said last week.
Calculationsbased on a review of HCM City's transportation network illustrate that –without intelligent solutions – its traffic congestion is estimated tohave a direct cost to the city's economy of about 97 billion USD between2015 and 2045.
Around 45 percent of the City is less than ametre above sea level, rendering the City and in particular, thetransport system, highly exposed to flooding, especially during therainy season.
An economic appraisal shows that an IntegratedManagement System (control centre) would take only eight years to becomenet positive in terms of costs and benefits. This could lead to a netbenefit of 1.4 billion USD over the next 30 years.
"Infrastructurehas a long lifespan. Investments made today will determine futuredevelopment tomorrow, especially when the City has to cope with bothpopulation growth and an increase in severe weather events such asflooding," Michael Stevens, Siemens project leader of the study, said.
Basedon the New York City's smart data on how to manage the system forbetter transport, the project has sought solutions for HCM City.
Projectteams have talked with a number of transportation officials about theincreasing number of motorcycles and cars and severe flooding, whichhave both contributed to traffic congestion.
"When a city reliesheavily on individual traffic, the biggest lever is mass transport.Metro lines could be a solution, but they are very expensive and takevery long to build. Intelligent traffic management systems can provide ahead start for a more comprehensive mobility management approach," saidStephen Cook, associate director of Energy and Climate ChangeConsulting at Arup.
In HCM City, where public transport onlyrepresents 5 percent of total traffic, the number of delayed minutes isforecast to increase by 620 percent over the next 30 years, assuming noinvestments are made in transportation infrastructure, according to Arupanalysis.
Recent evidence suggests that the frequency, extentand severity of extreme weather events is increasing around the world,exposing cities' transport infrastructure to more severe stresses andsudden shock events.
According to the World Bank, around 26percent of the HCM City's population is affected by extreme stormevents, but this share could climb to more than 60 percent by 2050.
Thestudy shows that intelligent systems that forecast and respond to theimpact of damaging weather events on the transportation system canensure that periods of disruption are minimised and long ‑ termeconomic sustainability is not undermined.
Siemens and theconsulting firm Arup prepared the study to show how intelligentinfrastructure can assist cities in addressing the increased demand andat the same time offer better protection of their transport networksagainst extreme weather events.-VNA
Calculationsbased on a review of HCM City's transportation network illustrate that –without intelligent solutions – its traffic congestion is estimated tohave a direct cost to the city's economy of about 97 billion USD between2015 and 2045.
Around 45 percent of the City is less than ametre above sea level, rendering the City and in particular, thetransport system, highly exposed to flooding, especially during therainy season.
An economic appraisal shows that an IntegratedManagement System (control centre) would take only eight years to becomenet positive in terms of costs and benefits. This could lead to a netbenefit of 1.4 billion USD over the next 30 years.
"Infrastructurehas a long lifespan. Investments made today will determine futuredevelopment tomorrow, especially when the City has to cope with bothpopulation growth and an increase in severe weather events such asflooding," Michael Stevens, Siemens project leader of the study, said.
Basedon the New York City's smart data on how to manage the system forbetter transport, the project has sought solutions for HCM City.
Projectteams have talked with a number of transportation officials about theincreasing number of motorcycles and cars and severe flooding, whichhave both contributed to traffic congestion.
"When a city reliesheavily on individual traffic, the biggest lever is mass transport.Metro lines could be a solution, but they are very expensive and takevery long to build. Intelligent traffic management systems can provide ahead start for a more comprehensive mobility management approach," saidStephen Cook, associate director of Energy and Climate ChangeConsulting at Arup.
In HCM City, where public transport onlyrepresents 5 percent of total traffic, the number of delayed minutes isforecast to increase by 620 percent over the next 30 years, assuming noinvestments are made in transportation infrastructure, according to Arupanalysis.
Recent evidence suggests that the frequency, extentand severity of extreme weather events is increasing around the world,exposing cities' transport infrastructure to more severe stresses andsudden shock events.
According to the World Bank, around 26percent of the HCM City's population is affected by extreme stormevents, but this share could climb to more than 60 percent by 2050.
Thestudy shows that intelligent systems that forecast and respond to theimpact of damaging weather events on the transportation system canensure that periods of disruption are minimised and long ‑ termeconomic sustainability is not undermined.
Siemens and theconsulting firm Arup prepared the study to show how intelligentinfrastructure can assist cities in addressing the increased demand andat the same time offer better protection of their transport networksagainst extreme weather events.-VNA
