WATCH: These are the top ranked smart cities in the world

/ smart city

By Jon Salisbury

CAPE TOWN - Smart cities are designed to combat the problems of climate change, urban overcrowding, and large populations which are causing strain on many cities infrastructure.

Recently, Philanthropist and well-known billionaire Bill Gates is set to also be involved in constructing a smart city, currently known as Belmont.

His real estate investment group, Belmont Partners, spent $80 million for 25,000 acres of land to construct a city with technology built into its foundations.

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