Vancouver, Calgary and Greater Toronto Area projects among the 100 most
TORONTO, July 17, 2012 /CNW/ - The development of sustainable urban
infrastructure is one of the greatest challenges of the 21st century. With more than half of the global population already squeezed
into cities that, collectively, make up less than two percent of the
planet's land cover1, the pressure being placed on urban infrastructure is unprecedented.
"The worldwide demand for infrastructure is expected to require the
investment of tens of trillions of dollars over the next four decades,"
said Brad Watson, Partner and Head of KPMG's Global Infrastructure Advisory Practice in Canada. "A focus on innovative infrastructure solutions that drive
economic renewal, create jobs and deliver tangible long-term impact is
critical when balancing the needs of the population, the economy and
KPMG's Infrastructure Advisory Practice is pleased to announce the following Canadian projects have been chosen
in a variety of categories as some of the 100 most innovative and
inspiring urban infrastructure projects in the world as part of Infrastructure 100: World Cities Edition:
Calgary International Airport Development (Calgary, Alberta) The development will more than double the size of
the current airport, helping to accommodate the airport's recent and
anticipated passenger growth.
Recycling and Waste Management:
Harvest's Energy Garden (Richmond, British Columbia) Canada's first high-efficiency system for
producing renewable energy from food scraps and yard trimmings, the
project will see up to 27,000 tonnes of food scraps and yard trimmings
per year diverted from landfills and generate energy for up to 700
homes in the Lower Mainland area.
Durham York Energy Centre (DYEC) (Courtice, Ontario) The DYEC will process the residential waste
that remains after Durham and York Regions' aggressive composting and
recycling programs, while also recovering metals and energy.
Waterfront Toronto (Toronto, Ontario) One of the largest regeneration projects in North
America and a 25-year programme, this will include 40,000 new
residences (20 percent will be affordable housing), 40,000 new jobs,
new transit infrastructure and 300 hectares of parks and public spaces.
"Cities across Canada are refreshing and expanding post-war
infrastructure to meet the evolving needs of Canada's urban
populations," said Watson. "It's exciting to see Canadian projects
setting an example when it comes to building sustainable and
environmentally conscious cities that are providing citizens with great living spaces."
Profiles of these projects are now featured in the much-anticipated
second edition of Infrastructure 100: World Cities Edition, which was
recently released at the World Cities Summit in Singapore. This edition
provides insight into the infrastructure projects that make great
cities, with a particular focus on the innovations that make them
'Cities of the Future' - places where people want to live and do
1Global Report on Human Settlements 2011 - Cities and Climate Change by
UN HABITAT, March 2011. Available at: http://www.unhabitat.org/content.asp?cid=9599&catid=7&typeid=46
About Infrastructure 100: World Cities Edition
The projects showcased in the Infrastructure 100 are made up of
approximately 20 projects selected by judging panels of industry
experts from five regions of the world, including: Asia Pacific, North
America, Latin America, Europe, and the Middle East and Africa.
Projects were then sorted into 10 project categories, including: Urban Mobility, Global Connectivity, Urban Regeneration, Education, Healthcare, Water, New and Extended Cities, Recycling and Waste Management, Urban Energy Infrastructure and Communications Infrastructure.
Five regional judging panels assessed hundreds of submissions on the
following criteria: feasibility, social impact, technical and/or
financial complexity, innovation and impact on society.
The complete list of the 100 projects can be viewed online at www.kpmg.com/infrastructure100.
About KPMG's Global Infrastructure Practice
KPMG's Global Infrastructure practitioners are on site in 146 countries,
advising governments, developers and investors across the lifecycle of
infrastructure projects - from strategy and financing to delivery and
hand-back. By combining valuable global insight with hands-on local
experience, KPMG's Infrastructure professionals work to consistently
provide integrated advice and effective results to help clients
succeed. For more information, visit www.kpmg.com/infrastructure.
About KPMG in Canada
KPMG LLP, an Audit, Tax and Advisory firm (kpmg.ca) and a Canadian limited liability partnership established under the
laws of Ontario, is the Canadian member firm of KPMG International
Cooperative ("KPMG International"). KPMG member firms around the world
have 145,000 professionals, in 152 countries.
The independent member firms of the KPMG network are affiliated with
KPMG International, a Swiss entity. Each KPMG firm is a legally
distinct and separate entity, and describes itself as such.
Follow @KPMG_Canada for the latest information on Infrastructure 100: World Cities Edition.
SOURCE KPMG LLP
For further information:
Manager, Media Relations
KPMG in Canada