A total of 6,645 planned and ongoing construction projects by the world’s megacities, valued at $4.2 trillion and fueled by the increase in population, are sparking interest in residential and infrastructural developments, according to GlobalData, a data and analytics company. The United Nations predicts that, between 2016 and 2030, the percentage of the world’s population living in cities with at least a million inhabitants is likely to grow from 23 percent to 27 percent, and the number of megacities is projected to increase from 31 to 41. Following a recent assessment of project pipelines in major cities worldwide by GlobalData, … Read more