[PRESS RELEASE]
Send a City presents a project at the 5th GIB Sustainable Infrastructure Summit in Basel, May 27th & 28th 2015
Sustainable infrastructure projects are increasingly attracting financing from pension funds, money managers and other institutional investors as banks and governments remain under economic pressure. Flexible and cost-effective lending solutions and new instruments to assess and hedge projects risks could provide sustainable infrastructures projects with access to much needed credit.
The emergence of this new financial trend and its expected impact on the economy will be analyzed by mayors, government representatives, investors, developers and credit rating agencies at the 5th GIB Sustainable Infrastructure Summit, which will host the presentation of the more interesting - and financially appealing - current infrastructure projects in need of financing.
The Summit, taking place in Basel on May 27th and 28th, will present 46 international projects, including one from Spain. The Spanish project - brought in by Send a City, a platform to implement urban and social practices in rural areas - proposes a development for agro-pastoral communities in the Horn of Africa. According to founder Patricia Sendin: “The world still hasn’t found a way for remote communities to tap into the upside of technology, especially information technology. E-learning, remote diagnosis and virtual marketplaces, for instance, could be a game changer for rural communities, especially since these carry no cost for users. It seems extraordinary, to say the least, that the enabling physical structure is still missing.”
Patricia holds a Dipl-Ing degree in architecture and urban planning from the University of Darmstadt in Germany and has 20+ years of field experience, with over 40 singular projects delivered in 12 countries. She started her career in Paris working in infrastructure projects in Africa and continued it in London, where she worked 11 years for Pritzker Award Winner Richard Rogers.
