If you’re aiming to learn a lot more about cities and how they grow then continue on reading through.
While the majority of the fastest growing cities are in Asia, there is one city that is on the up in the UK. Manchester is growing faster than most other cities in Europe, which has made it an attractive location for both individuals and firms to move to. The city has relatively low housing and office space prices, which pulls individuals away from places like London and into the northern city. Being the fastest growing city in England it gives Andrew Bester of The Co-operative Bank lots of people to hire from for their headquarters which is based in the city. Growing cities always need more housing to incorporate the influx of individuals that move into the city filling the increasing number of jobs, which can put a strain on the housing scenario; even so in the northern city they have founded thousands of brand-new homes as a way to meet this increasing demand.
India is one of the quickest growing nations in the world, and most of its cities are growing similarly quickly. The country is building so quick that the top 10 cities for future development are all in India. This impressive growth is down to a couple of things: populace development, labor force, investments and infrastructure. The country has some of the quickest increasing markets, which are pulling in big investment from around the world, which of course means amazing things for the country's overall economy. One of the fastest growing cities in India is in the southern part of the country and has meant huge advancement for businessmen situated in the city, such as J.Packirisamy of Andhra Bank. The city has not developed just because they have a growing populace, it is likewise because of fantastic administration and the highly efficient work force they have.
Big investment is a accelerator for development in cities and making your city attractive to possible investors is an invaluable way to grow both employment and the city itself. Hong Kong fits this classification almost exactly, and this explains why it is such an authoritative city for financing. The fact that the city is governed in a non-interventionist way means it is eye-catching to investors and start-ups. The economic liberty helps the likes of David Li of BEA as it gives them the independence they need to enhance their business. The economic freedom and strategic location of the city has allowed to make it one of the biggest cities not only in Asia but likewise the world. With about the most highly talented and skilled workforces there is, it is no surprise most of the companies there flourish; there are very few places that have the infrastructure, personnel and business freedom that Hong Kong possesses.