With the capacity of sizable scale available at bargain prices, the sector will see a lot of Mergers and Acquisition (M&A) activities as bigger players with deep pockets eventually closing in on financially weak but potentially viable smaller firms.
Like the term 'middle-class', the term 'Smart City' also lacks a definitive definition with many seeking to define it on their own terms. A coherent definition eludes both. Having said so, just as we know how the term 'middle-class' is loosely defined, Smart Cities can be defined as sustainable cities with self-containing amenities and infrastructure which give a decent quality of life to the citizens.
The moot question is whether good intent has been accompanied by careful planning.
It was always going to be a difficult job. Roads development, battered and bruised by a heavy load of projects awarded in the recent past, remained stalled for various reasons ranging from land acquisition and bureaucratic red tape to a lack of accountability and transparency in the bidding process.