Rapid urbanisation is a persistent and urgent global trend that calls for new approaches to managing urban growth. Governments in developing countries cannot do it alone and do not have the resources to deliver basic services to the informal sector. HCC believes private capital can and should be injected in large-scale urban infrastructure programmes for inclusive development. Furthermore, by supporting crowding in private capital, the funding gap can be closed.
As such, we focus on inclusivity and we actualise that through our triangulation approach to stakeholder participation:
Although others work in urban development from an inclusivity angle, HCC is a unique public-private partnership that strives to stimulate systemic change by making inclusivity the norm in procurement processes for large urban infrastructure projects that affect slums.
Cities are expected to absorb almost all future population growth, accommodating 3.5 billion new urban dwellers by 2050.