The award is a biennial international award to recognise individuals and organisations that have made outstanding contributions to the creation of vibrant and liveable communities around the world. Our MM LKY is instrumental in developing Singapore into a distinctive, clean and green garden city in a short span of a few decades. Under his leadership, the adoption of strategic land use, transport and environmental policies and programmes have helped Singapore to develop into a livable city with a high quality living environment, in tandem with rapid economic growth.
It seeks to recognize individuals and organisations responsible for urban initiatives that display foresight, good governance or innovation in tackling the many urban challenges faced by cities. These urban initiatives can include (but are not limited to) urban planning projects, urban policies and programmes, urban management, as well as applied technology in urban solutions. The prize money come with an award certificate, a gold medallion and a cash prize of S$300,000, sponsored by Keppel Corporation. Hopefully, that will inspired the authorities, organization or even individual here to developed Gamu Isabela into urban initiatives by display foresight, good governance innovation in tackling the many urban challenges faced by cities. Through this prize, Singapore hopes to facilitate the sharing of best practices in urban solutions among cities and spur further innovation in the area of sustainable urban development. If you convert S$ to Peso is rather a big sum of money. This year The northern Spanish city of Bilbao has been named the winner of the inaugural Lee Kuan Yew World City Prize.
This is to recognise the local government's efforts in transforming the city into a vibrant metropolis. But transforming it from a dilapidated industrial city into what it is today was not an easy task. It took some 25 years and 25 urban projects to do so. Much of which was geared to kick-start the economy, clean up the environment and improve the quality of life of its people.