International Development News
Development News Edition
Give Feedback

Five new cities affecting future of the world

The United States "Forbes" biweekly website published a paper titled "Five New Cities Affecting the Future".


Devdiscourse News Desk
Updated: 31-03-2018 15:57 IST
Five new cities affecting future of the world

Nurkent is a purpose-built new city that aims to connect various transport projects and industrial projects in the Khorgos region. (Image credit: Flickr)

The United States "Forbes" biweekly website published a paper titled "Five New Cities Affecting the Future".

At present, more than 40 countries around the world are building hundreds of new cities. This is an attempt to redefine the entire country and its future role in the global economy.

Forest City (Malaysia)

The "Forest City" project is ideally described as a "future city" - buildings in the city will be covered by plants and there will be no cars. At present, this forest city is planned to accommodate 700,000 residents.

The "Forest City" project, which is scheduled to be completed in 2035, is conceived as a new economic engine that can compete with Singapore and create 220,000 jobs.

Xiong'a New District (China)

China's state-level new district project received full support, Shanghai's Pudong New Area, Tianjin's Binhai New Area, Chongqing's Liangjiang New District, Guangzhou's Nansha New District, and Sichuan's Tianfu New District are state-level new district projects, and they are both one of the largest economic engines in China today.

Therefore, when the government announces a national-level new development zone, it can not only get a lot of attention, but it can also attract a large number of investors who are eager to move to the new district as soon as possible and who have no hesitation about spending billions of dollars, as per Sina. This is particularly the case when this national-level new district is located near a city like Beijing and has been declared as the core of a major large-scale development plan.

This development plan aims to connect several large cities into a single large area and is called the "Beijing-Tianjin-Hebei Coordinated Development Plan.

Nurkent (Kazakhstan)

In the depths of the Eurasian steppe, there is a two-region economic development zone, which will change our view of the economic potential of the hinterland of Eurasia.

Nurkent is a purpose-built new city that aims to connect various transport projects and industrial projects in the Khorgos region. By 2035, it will become a commercial and cultural centre that can accommodate 100,000 people.

This is a project led by Kazakh President Nursultan Nazarbayev personally, and it is a core part of the new economic plan of the "Bright Road" of USD 9 billion investment. The plan aims to diversify the economy of Kazakhstan through the transport industry.

Colombo Harbor City

The city is located in the heart of the Indian Ocean, close to the world's busiest shipping lane, right at the junction of East Asia, the Middle East, and Africa. A large number of new Chinese ports have been built along the Maritime Silk Road from Asia to Europe - also known as China's lifeline to energy suppliers in the Middle East.

When completed in 2041, the port city of Colombo is expected to become a non-permanent jurisdiction and will have its own investment laws and special policies. Basically, it will become a big hotel on the beach of a caravan. Traders from all over the world will meet here and do business, as per Sina.

It is planned to build a "Formula 1" racing circuit, a large number of luxury hotels, high-end shopping centres, office buildings, and everything the financial district needs to compete with Singapore to the east and Dubai to the west.

Duqm (Oman)

Oman is another country that seeks to diversify its economy and get rid of a resource-dependent economy. It is aggressively betting on its emerging transportation and manufacturing sectors, which are closely linked to China's "Belt and Road Initiative".

Due to a large amount of investment by Chinese companies, Duqm can actually be called the China-Oman Industrial Park. It will become a new urban development zone with an investment of USD 10.7 billion.

The 11-square-kilometer development, located in the Duqm SEZ, aims to transform an underutilized port into a very large-scale project that includes an oil refinery and a methanol plant. The factory, a solar-powered equipment manufacturing facility, a car factory and a sales facility for building materials, as well as housing for 25,000 people and the schools, medical facilities, office buildings and entertainment centres they need to live there.

COUNTRY : ChinaKazakhstanMalaysiaOmanSri Lanka