Our #world is becoming ever more city-centric. Today, more than half of the world’s population lives in cities. This share will increase in the foreseeable #future , reaching 70% by the middle of the century. At the same time, the number of megacities with a population of more than 10 million people will climb from 33 to 50. What does this mean for future cities?
Cities have enormous potential; they are the growth engines of the global economy. To be economically successful, they have to function properly. Their infrastructure needs to work, it needs to be reliable and in sufficiently good shape. Sizeable investments in infrastructure are required over the coming years to make our cities fit for the future. These investments target both classical infrastructure, such as roads and railways, as well as digital infrastructure, paving the way for smarter, more sustainable and more liveable cities.
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About Julius Baer
Julius Baer is the international reference in wealth management, based on a solid Swiss heritage.
The story of Julius Baer began over 130 years ago with the vision of one man. In the 1890s the company’s founder and namesake, Julius Bär, established himself as a young and promising banker on Zurich’s famous Bahnhofstrasse.
What initially started as a humble family business has grown over the decades into the international reference in pure private banking, with more than 50 locations in over 25 countries worldwide.
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