And welcome back to day two of the CBI’s Urban Revival conference.
When I came to the UK from India in the early 1980’s for my further education, Britain was known as the ‘sick man of Europe’. And our cities were quite frankly pretty run down. With some even down and out.
Fast-forward to today and so many of those cities are far more vibrant, happening, and attractive places to live, work and invest in.
London is the greatest of the world’s great cities.
And whether you go to Birmingham or Manchester, Edinburgh, or Cardiff, these are all now truly exciting and thriving cities.
Declining competitiveness
Steps needed to boost Seoul s merit as global city
It is appalling that Seoul Metropolitan City s global competitiveness has continued to decline sharply over the past five years. According to A.T. Kearney, an international consulting firm based in the United States, Seoul s global ranking slipped from 11th place among 150 cities around the world in 2015 to 17th last year. Most worrying is the fact that the capital city s ranking nosedived by 30 notches to 42nd place in terms of future growth potential with regard to business environment and administrative capabilities during the same period.
The Institute for Urban Strategies at the Mori Memorial Foundation revealed Seoul s comprehensive competitiveness also declined from sixth to eighth place as the city got poor marks for industrial infrastructure, human resources recruitment and private investment. Seoul fared relatively well only in the area of urban environment and cultural interaction.
Dubai: With more than 200 nationalities living and working in Dubai, the emirate has learned to successfully cater to other cultures and clinch the title for the best city in the Middle East for cultural interactions in 2020.
According to the latest publication issued by the Institute for Urban Strategies - Mori Memorial Foundation, Japan, it has recently ranked Dubai first in the region and sixth globally in cultural interaction on the Global Power City Index 2020. The cultural interaction factor measured the performance of cities in terms of trendsetting potential, tourism resources, cultural facilities, availability of visitors’ amenities and international interaction.
Hala Badri, Director General of Dubai Culture and Arts Authority (DCA), said: This global achievement for Dubai comes in line with the Authority’s strategy and efforts to position the emirate as a global centre for culture, a coveted destination of choice by all arts and culture enthusiasts, a beacon of cult
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