Abstract

With increasing public–private partnership and international cooperation in smart city development across the Global South, Chinese firms are poised to take advantage of growing business opportunities, a situation that few studies have examined. This empirical case study of the Forest City, a Chinese-invested greenfield smart city project in Iskandar Malaysia, begins to fill that gap. This megaproject represents the coming together of overlapping economic development interests of the local authorities and the profit motivations of the Chinese investor. However, the project’s use of the ‘smart city’ discourse contrasts with the reality of limited technology adoption. Its visibility and considerable socio-economic and environmental impacts also sparked opposition from affected local stakeholders and criticism from political leaders. This prompted the Chinese investor to change business practices and enhance corporate social responsibility (CSR) efforts to mitigate risks and ensure project continuity, yet their effectiveness is limited. The study confirms the underlying tensions in the smart city discourse, where economic development and profit imperatives risk running counter to social and environmental sustainability. It also contributes to scholarly understanding of Chinese overseas investments, illustrating the host country’s agency and how better Chinese CSR practices offer the potential for risk mitigation.

Document Type

Article

Publication Date

7-2022

Notes/Citation Information

Published in Third World Quarterly.

© 2021 Global South Ltd

The document available for download is the authors' accepted manuscript deposited under a Creative Commons Attribution Non-commercial 4.0 International (CC BY-NC) license. This means that anyone may distribute, adapt, and build upon the work for non-commercial purposes, subject to full attribution. If you wish to use this manuscript for commercial purposes, please contact journalpermissions@tandf.co.uk

Digital Object Identifier (DOI)

https://doi.org/10.1080/01436597.2022.2089648

Funding Information

This research project was partly funded by the Strategic Public Policy Research Funding Scheme from the Central Policy Unit of the Hong Kong Special Administrative Region Government, China (Project Number: S2016.A7.003), and partly by the HKUST Institute for Emerging Market Studies with support from EY (Project Number: IEMS19RG01).

Available for download on Monday, January 01, 2024

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