The population of the world’s cities is expected to double by 2050, when urban centers are expected to house, educate, feed and employ 6.5 billion people.
Already some cities are investing billions in new projects and redevelopment to expand access to housing and public parks, social services and transportation lines. Business Insider rounded up a few of them.
Investors are jumping in. Chinese developers are financing the New Cairo Capital project. In May private equity giant KKR invested $31 million in Indian developer Signature Global, which plans to build 7,400 affordable homes around Gurgaon, India.
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