There is no doubt that the city will be the defining feature of human geography for the 21st century.
Globally, there are 1.3 million people moving to cities each week and by 2040, a staggering 65 percent of the world’s population will live in cities.
At the same time, the 600 biggest urban areas already account for 60% of global GDP, and this will only rise higher as cities become larger and more prosperous. In fact, experts estimate that up to 80 percent of future economic growth in developing regions will occur in cities alone.
Golden Saint Technologies (LON:GST) builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 28 years. GST’s strategy is to develop solutions to meet the needs of the ICT industry, acting on the surging opportunities in the technology and innovation sectors – Data Centres, Intelligent Buildings, Smart Cities and the Internet of Things – and particularly targeting emerging markets where the demand for ICT infrastructure is rapidly increasing.
