Publication: Melaka Sustainability Outlook Diagnostic: Supporting Report 3 - Enhancing Services and Housing
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2019
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2019
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A city’s ability to provide affordable housing and municipal services is a key consideration of its urban sustainability. While urbanization and economic growth certainly create opportunities for a better quality of life, they also often are the source of rising inequalities and exclusion within cities, which affect a city’s overall sustainability. Malaysia now qualifies an upper‐middle‐income country. Melaka State has benefited greatly from Malaysia’s strong economic performance, with one of Malaysia’s highest GDP per capita and solid employment and income indicators. However, besides economic growth, the ability to share the benefits of growth with and to fulfil the needs and aspirations of its citizens is also a key component of urban sustainability which has to be measured and monitored with certain key indicators. This supporting report provides a high-level assessment of the inclusiveness of Melaka’s built environment and how it serves Melaka’s residents.
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“Global Platform for Sustainable Cities; World Bank. 2019. Melaka Sustainability Outlook Diagnostic: Supporting Report 3 - Enhancing Services and Housing. © World Bank. http://hdl.handle.net/10986/31661 License: CC BY 3.0 IGO.”
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Publication Melaka Sustainability Outlook Diagnostic(World Bank, Washington, DC, 2019-01)Melaka State, situated roughly halfway between Kuala Lumpur and Singapore, has unique importance in the global dialogue around the sustainability of our shared urban future. At Melaka’s heart is its historic urban center, a UNESCO World Heritage Site (WHS) strategically located along the Strait of Malacca, one of the world’s busiest shipping routes and a link between the two largest countries by population, China and India. Melaka has taken significant steps toward realizing a more sustainable urban growth trajectory, including becoming a member of global platform for sustainable cities (GPSC) when the platform was launched in 2016. 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Although financing provided by Malaysia’s federal government is important, Melaka State’s ability to shape its own investment priorities and accelerate the fiscal improvement process can be greatly enhanced by accessing market-based financing whether through long-term debt financing, public-private partnerships (PPPs), land value capture mechanisms, or a combination of these. Fiscal sustainability is the key to accessing adequate capital resources for Melaka State’s investment projects indicated in the state structure plan. This supporting report reviews the fiscal sustainability of both Melaka State and one of its municipalities, Melaka City. The report concludes by offering several key recommendations that Melaka State and Melaka City could take in order to improve their fiscal sustainability.
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