Livable Cities: How Can Asian Cities Best Meet the Demands of Ongoing Urbanization?
Urbanization is an Asia Pacific trend that will continue in dramatic fashion in the years ahead, as people keep leaving rural areas for cities in unprecedented numbers. The urban population of Asia is projected to nearly double between 2010 and 2050, adding as many people to urban areas in one generation as in all of history – an average of almost 41 million ever year. Some will go to existing megacities, but many will go to new developments where opportunities beckon. To meet the needs of these new urban dwellers, roads, rails and bridges must be built or upgraded; electrical power must be put in; and water and waste treatment must be provided. Solid infrastructure must be in place for the real estate sectors to thrive. How can Asian countries create these livable cities and ensure their economic growth will be maximized?
Ongoing urbanization, a growing middle class and increasing domestic consumption are escalating the need for new or improved