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Macaskill on markets

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Emerging market debt

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Investing in the Cities of the 21st Century: Urbanization, Competitiveness and Infrastructure

In association with Citi and FCC Group

Attendees include:

Mr. Robert K. Steel, New York Deputy Mayor for Economic Development
Mr. Seth Pinsky, President of New York City Economic Development Corporation 
Mr. Thomas Green, Managing Director, Public Finance Sector Head, Citi
Mr. Baldomero Falcones, CEO and Chairman of FCC


New York City representatives  Robert K. Steel, New York Deputy Mayor for Economic Development and Seth Pinsky, President of New York City Economic Development Corporation were present 22 March to receive the 2011 Euromoney Global Cities Award. Through Euromoney’s inaugural Global Cities’ survey, New York City was voted the best city in the world to do business: attracting the best talent, business and investment, and global corporations and financial institutions. 

A panel discussion examining key factors underpinning New York’s financial competitiveness and more broadly, the lessons it can provide to infrastructural challenges facing the ‘21st century City’ followed. Mr. Thomas Green, Citi, and Mr. Baldomero Falcones, FCC, addressed the future structures and financing models of cosmopolitan centers.

- Thomas Green - Citi - Public Finance Sector Head on "Using sub-sovereign finance tools to meet urban infrastructure project needs."

- Baldomero Falcones - FCC - CEO and Chairman on "Why investing in infrastructure means investing in your future." 

Bringing together business and city leaders, this panel explores the key aspects of the infrastructure challenges facing the 21st century city.
  • How can investments in infrastructure create the conditions for sustainable growth?
  • In a challenging economic environment, how can cities create value from existing assets?
  • How are infrastructure investments (both traditional and "social" investments) affecting competitiveness? To what extent can this be measured?
  • And what are the implications for urban governance?

More information on the global cities survey



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