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Symposium 2015

Virtual Library File - The Fantastic Horizon: How To Invest in a New City

The Challenge

By 2050 the number of people living in cities will reach 6 billion. Existing cities will not be able to accommodate an estimated 2 billion people who will migrate from the countryside to urban centers ...

By 2050 the number of people living in cities will reach 6 billion. Existing cities will not be able to accommodate an estimated 2 billion people who will migrate from the countryside to urban centers seeking employment, education, and a better living standard. How to build the next 500 sustainable cities created by this rampant urbanization is among the greatest challenges of this century and it also represent one of the greatest opportunity to address a multitude of issues related to the environment, economic development, social advancement, medical infrastructure, and education.

Rapid urbanization and resource scarcity pose problems – and opportunities – for businesses and governments all over the world. The world’s existing population centers cannot absorb all the migration, prompting the need for hundreds of new cities. This raises the question of who can best lead the building and developing of these municipalities. One course of action is development, promotion, and regulation by the private sector.