Large and medium scale new cities are being built all over the world. Some rise on the promise of greener or more productive lifestyles; others are designed as hubs for a new economy; yet more are created to deliver on the promise of technology and infrastructure systems.
All of these cities have one common goal: to succeed they must present an attractive and affordable value proposition for both residents and investors, and they must achieve the scale necessary to become sustainable and to compliment existing cities and towns.
The impetus, the strategy and the partnerships behind each New City project may differ but all new cities need to offer investors, businesses and – most importantly – inhabitants the right value for the investment required, and a lifestyle and ‘opportunity set’ that keeps them attractive over the long term.
The third edition of the acclaimed Cityquest KAEC Forum, taking place in King Abdullah Economic City from 8-9 December 2015, will focus on building value for all as a key dimension to the competitiveness and success of new cities.