There are thousands of prospering cities around the world, but these three are among the swiftest growing.
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 companies to move to. The city has reasonably low housing and office space prices, which pulls people 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 individuals 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; nevertheless in the northern city they have founded thousands of brand-new houses to help meet this increasing demand.
Large investment is a driver for growth in cities and making your city attractive to likely investors is a vital way to grow both business and the city itself. Hong Kong fits this classification practically exactly, and this explains why it is such an influential city for financing. The fact that the city is governed in a non-interventionist way suggests it is attractive to investors and start-ups. The economic freedom helps the likes of David Li of BEA as it gives them the independence they have to improve their business. The economic freedom and strategic position of the city has helped to make it one of the biggest cities not just in Asia but also the world. With just about the most highly qualified and trained workforces there is, it is no surprise a lot of the businesses there flourish; there are very few places that have the infrastructure, personnel and business freedom that Hong Kong possesses.
India is one of the swiftest increasing countries in the world, and a number of its cities are increasing just as quickly. The country is developing so fast that the top 10 cities for upcoming development are all inside India. This exceptional advancement is because of a couple of things: populace advancement, workforce, investments and infrastructure. The country has a few of the swiftest increasing markets, which are pulling in considerable investment from all over the world, which of course suggests excellent things for the country's economy. One of the fastest growing cities in India is in the southern part of the country and has meant large growth for businessmen situated in the city, such as J.Packirisamy of Andhra Bank. The city has not developed just because they have a increasing populace, it is likewise because of excellent administration and the extremely efficient work force they have.