Where will the world’s 10 new megacities be by 2030?
Nine out of 10 new megacities to emerge out of Asia and Africa
Twenty-two of the 33 cities that are home to more than 10 million are in Asia and Africa, and nine more from these continents will join them by 2030, reported the World Economic Forum, citing UN data.
The cities of Seoul, Ho Chi Minh City, Chengdu, Nanjing, Hyderabad, Ahmedabad, and Tehran will rank among the 10 cities that the UN predicts will break the 10-million mark, UN data showed.
In Africa, Luanda and Dar es Salaam, which is growing by half a million people a year, will have crossed the 10-million mark by 2030.
“The rise in the number of megacities is the most visible evidence of the accelerating global trend towards urbanisation,” WEF’s Alex Thornton wrote.
“Today, 55 percent of us live in urban areas – that’s 4.2 billion city-slickers. In another generation, that proportion is set to grow to 68 percent, potentially adding another 2.5 billion people to already crowded cities.”
Delhi is due to overtake Tokyo as the world’s most populous city by 2028 — 39 million people by 2030. India will see the biggest urbanisation growth among countries, with 416 million new urban dwellers by 2050.
London will be the only place outside Asia and Africa predicted to achieve megacity status by 2030, ending a period of population decline from the second half of the 20th century.
Recommended
Hong Kong’s homecoming: Housing market reawakens, will it weather the interest rate storm?
Hong Kong’s reopening has led to growing indications of a rebound in the territory’s struggling housing market
6 of the exciting areas to visit in Lipa, Batangas (PH)
With its cool weather, nature, and laid-back lifestyle, this city in Batangas Province is a rising star
Ok, boomers, Gen X’ers: Where are they now in their property journeys?
Ageing societies in Southeast Asia mean that catering to the requirements of mature investors will be a key challenge for developers
Pursuing a career in sustainability paves a path for a green, resilient, inclusive property sector
The Narrow Door Podcast Host Sam Oh speaks with World Bank Group's Angelo Tan on his career journey