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DOC Issues New Guide on Commercial Smart Cities Opportunities

Monday, July 18, 2016
Sandler, Travis & Rosenberg Trade Report

Assistant Secretary of Commerce for Global Markets and Director General of the U.S. and Foreign Commercial Service Arun Kumar announced July 14 in Singapore the issuance by the Department of Commerce of a new guide to assist U.S. companies identify commercial smart cities opportunities. A smart city is a city that leverages technology and data to become more energy efficient, clean and green, while addressing citizen engagement, governance and critical needs in education and healthcare.

According to a DOC press release, the Smart Cities, Regions, and Communities: Export Opportunities guide is designed to help U.S. companies compete for and win business opportunities in emerging smart cities. The guide provides information on access to capital, trade promotion, industry sectors and internet of things, along with a global calendar of events. It also showcases select U.S. government initiatives to inform and assist U.S. companies to play a greater collaborative role in helping global cities address their urbanization challenges. In addition, the guide profiles the smart cities initiatives of seven bureaus of Commerce, multilateral banks, more than 40 countries and several U.S. private sector sponsor companies.

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