The Lee Kuan Yew World City Prize  is a biennial international award to recognise individuals and organisations that have made outstanding contributions to the creation of vibrant, liveable and sustainable urban communities around the world. It seeks to recognise individuals and organisations responsible for urban initiatives that display foresight, good governance or innovation in tackling the many urban challenges faced by cities. These urban initiatives can include (but are not limited to) urban planning projects, urban policies and programmes, urban management, as well as applied technology in urban solutions.
These urban initiatives should incorporate principles of sustainable development and demonstrate an ability to bring social, economic and environmental benefits in a holistic way to communities around the world. The Prize will also place an emphasis on practical and cost effective solutions and ideas that can be easily replicated across cities.
Through this prize, Singapore hopes to facilitate the sharing of best practices in urban solutions among cities and spur further innovation in the area of sustainable urban development.
The Lee Kuan Yew World City Prize Laureate will be presented with an award certificate, a gold medallion and a cash prize of S$300,000, sponsored by Keppel Corporation.
The Lee Kuan Yew World City Prize is named after Singapore’s first Prime Minister, who currently holds the position of Minister Mentor. Mr Lee is instrumental in developing Singapore into a distinctive, clean and green garden city in a short span of a few decades. Under his leadership, the adoption of strategic land use, transport and environmental policies and programmes have helped Singapore to develop into a liveable city with a high quality living environment, in tandem with rapid economic growth.