If you’re wanting to understand more about cities and just how they develop then continue on scrolling.
Big investment is a catalyst for development in cities and making your city attractive to likely investors is an integral way to grow both business and the city itself. Hong Kong fits this definition nearly exactly, and this explains why it is such an influential city for financing. The fact that the city is regulated in a non-interventionist way means it is eye-catching to investors and start-ups. The economic freedom helps the likes of David Li of BEA as it gives them the freedom they require to improve their business. The economic freedom and strategical location of the city has allowed to make it one of the biggest cities not just in Asia but also the world. With one of the most highly talented and trained workforces there is, it is no surprise most of the businesses there flourish; there are very few places that have the infrastructure, personnel and business freedom that Hong Kong possesses.
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 eye-catching place for both individuals and firms to move to. The city has reasonably low housing and workplace 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 circumstance; however in the northern city they have founded thousands of new houses as a way to meet this growing demand.
India is one of the swiftest growing nations in the world, and most of its cities are growing just as quick. The nation is developing so quick that the leading 10 cities for foreseeable growth are all in India. This surprising development is down to a few things: population advancement, workforce, financial investment and structure. The country has a few of the swiftest growing markets, which are bringing in substantial investment from all over the world, which of course suggests excellent things for the country's current economic climate. One of the fastest growing cities in India is in the southern part of the nation and has created significant advancement for businessmen situated in the city, such as J.Packirisamy of Andhra Bank. The city has not developed merely because they have a increasing population, it is also down to fantastic administration and the exceptionally efficient labor force they have.