Bilbao City Hall has been named the inaugural Lee Kuan Yew World City Prize Laureate in recognition of its integrated and holistic approach in urban transformation.
Jointly co-organised by the Urban Redevelopment Authority (URA), Singapore’s land-use planning and conservation authority, and the Centre for Liveable Cities, the biennial international Lee Kuan Yew World City Prize seeks to generate positive social, economic and environmental impact in cities around the world. It provides a platform to highlight and celebrate urban solutions and to spur further innovation in the area of sustainable urban development and city excellence.
The 78 worldwide nominations for the Prize were considered through a rigorous two-tier process comprising of a Nominating Committee and a Prize Council. Member of the Nominating Committee for the Prize and CEO of URA, Mrs Cheong Koon Hean, commented, “Bilbao City Hall’s strong leadership and commitment to a systematic and long-term plan has rejuvenated a post-industrial city and transformed it into a definitive cultural landmark in Spain and Europe. Bilbao is an exemplary city that continually re-invents and evolves itself amidst dynamic changes. Cities all over the world will be able to draw inspiration and learning points from its success
Mayor of Bilbao City Hall, Dr Iñaki Azkuna will receive the award from Singapore’s first Prime Minister and present Minister Mentor Lee Kuan Yew at the Lee Kuan Yew Prize Award Ceremony and Banquet on 29 June 2010. The Prize comprises of S$300,000 (about US$218,000) cash, a gold medallion and an award certificate, fully sponsored by Keppel Corporation.