According to UN, approximately 55% of the World’s population lives in urban areas at present, which is expected to increase to 68% by the year 2050, thus adding 2.5 billion people in the next ~30 years. Furthermore, it is estimated that 90% of this increase will take place in Asia and Africa.
Rapid unplanned urbanization has resulted in formation of slums, environmental degradation and a strain on infrastructure. All these factors restrict a city from realising its full potential. Urban Revitalization is thus an endeavour to tackle the unplanned growth and refers to a slew of measures that are aimed at uplifting decaying areas in cities. Apart from an improvement in the economic, social, physical and environmental conditions of the area that has been uplifted; Urban Revitalization helps ensure a city’s success through stimulation of the business and economic activity and enhancement of land values. It is estimated that ~$175 bn of global investment in technologies is required to support sustainable cities.
SecLink aims to catalyse Urban Revitalization by delivering capital along with execution capability to ensure inclusive growth. We focus on projects related to infrastructure, slum redevelopment and integrated townships across Asia and Africa. Our model hinges on partnering with local Governments to address pressing urban development needs that they have already identified.
Backed by Royal family offices of the Middle East, SecLink has funding commitments for large scale infrastructure projects, affordable housing townships, redevelopment of slums and other urban revitalization projects.