If you are wanting to understand a lot more about cities and how they grow then keep on scrolling.
Massive investment is a driver 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 description nearly exactly, and this explains why it is such an influential city for finance. The fact that the city is governed in a non-interventionist way means 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 require to expand their business. The economic freedom and strategical position of the city has allowed to make it one of the biggest cities not only in Asia but also the world. With one of the most highly talented 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.
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 increasing faster than most other cities in Europe, which has made it an attractive location for both people and firms to move to. The city has relatively low housing and workplace 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 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; nevertheless in the northern city they have founded thousands of new homes in an effort to meet this growing demand.
India is one of the quickest growing nations in the world, and a lot of its cities are increasing similarly rapidly. The country is building so quick that the top ten cities for foreseeable future development are all in India. This remarkable improvement is because of a few things: population advancement, workforce, financial investment and structure. The country has a number of the fastest growing markets, which are pulling in large investments from all over the world, which of course suggests excellent things for the nation's economy. One of the fastest growing cities in India is in the southern area of the nation and has created significant advancement for business people 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 also down to excellent administration and the extremely efficient work force they have.