Saudi Arabia to invest in new cities to tap growth

Saudi Arabia, like other Gulf Cooperation Council countries, has decided to create “new cities” to accomplish growth in the real estate sector – a proven growth driver for other economies in the region. Six economic cities have been announced in the Kingdom to complement 14 industrial cities, some of which are already up and running successfully.

GCC to invest in new cities to tap growth – Emirates Business 24|7.

New Year’s resolutions for better cities – Pakistan

Ahmad Rafay Alam looks at the how Pakistan can create better cities as the urban areas increase to 50% in the next ten years. The writer looks at a wide range of issues such as water, public transport and urban planning & building regulations.

New Year’s resolutions for better cities – The International News

Hand over the mini-malls

The ubiquitous L.A. mini-mall is the 1980s love child of bad tax laws and shortsighted planning policies. But we have them all around us — every street corner it sometimes seems — and they’re not getting any prettier as they age. I propose that we embrace the mini-mall and make it a positive feature of the contemporary urban landscape.

Hand over the mini-malls – Los Angeles Times

VietNamNet – Southern hub knocking over its growth targets

Ho Chi Minh City gross domestic product (GDP) in 11 months increased nearly 12 per cent in comparison with the 11.5 per cent gained last year. The report anticipates that the city’s GDP by year’s end will reach 12.6 per cent, a record for the past decade.
Experts have said the city’s economic growth saw equal contributions from its key sectors: services, industry and development investment.

At a session to review the city’s socio-economic situation in 2007, Prime Minister Nguyen Tan Dung said that economic restructuring remained problematic, skilled and specialised human resources were still far less than demand and administrative reforms had yet to be fully implemented.

“The city’s traffic jams, flooding and social evils are escalating and need to be resolved,” he said.
VietNamNet – Southern hub knocking over its growth targets.

Abu Dhabi Builds Its Architectural Cred

The building boom in the capital of the United Arab Emirates rivals that of Dubai. But Abu Dhabi hopes to distinguish itself with ambitious green architecture

In recent weeks, the rivalry between neighboring United Arab Emirates Dubai and Abu Dhabi has been heating up on a world stage—most notably with the Abu Dhabi Investment Authority’s purchase of a $7.5 billion stake in Citigroup (C) (BusinessWeek.com, 11/27/07), which came on the heels of Dubai’s investment in Sony (SNE) in late November.

Abu Dhabi Builds Its Architectural Cred– Business Week – Reena Jana

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