SMART CITY: A CONTEMPORARY APPROACH TO INFRASTRUCTURE DEVELOPMENT AS AN INTEGRAL PART OF SUSTAINABLE DEVELOPMENT STRATEGY
SMART CITY: A CONTEMPORARY APPROACH TO INFRASTRUCTURE DEVELOPMENT AS AN INTEGRAL PART OF SUSTAINABLE DEVELOPMENT STRATEGY

Summary/Abstract: The emergence and intensive development of new technologies is influencing the transformation of the paradigm of global, national, and regional economies. The intensive development of radically new technologies, especially Information and Communication Technologies (ICT) as well as the emergence of the Industry 4.0 concept, accelerated the digital transformation of the economy, public sector, and local government, but also initiated the creation and further development of the Smart City concept. With this concept, cities and regions are being transformed in the direction of achieving greater efficiency of local government, higher quality of life, reduction of energy consumption as well as reduction of the negative impact of numerous actors on the environment. The Smart City concept today represents the dominant direction of urban development, so initiatives and individual projects in the mentioned domain are increasing. These trends have led the authors of this paper to place a special focus on analyzing the role and importance of critical infrastructure development necessary for the further development of the Smart City concept as an integrated part of the sustainable development strategy.

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