
Over the past two decades, new master-planned cities have risen at a pace and scale rarely seen in modern history. Concentrated largely in Asia, the Middle East, Africa and Latin America, more than 150 such projects are currently underway. For some, these cities are promoted as fast tracks to modernization and a way to leapfrog from resource- or agriculture-dependent economies into knowledge-driven ones. For others, they are strategic showcases, designed to attract global attention, foreign capital, and prestige. By packaging urbanization itself as an investment opportunity, these projects promise to stimulate growth and reposition nations within the global economy—all through the act of building anew.
According to Forbes, "The new city building movement that we are currently in the middle of is one of the most under the radar and most misinterpreted social and economic developments happening in the world today". What often escapes scrutiny, however, is not only the architecture of these projects, but the governance model they advance.

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