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Mega-regions of the future
The urbanising world is giving rise not just to more cities and faster growing metropolitan areas, but also to new clusters of neighbouring cities that are increasingly better connected and functionally integrated.
As these ‘Mega-Regions’ emerge and start to plan for inter-dependence it becomes increasingly possible for firms and facilities to be based in one part of the region but to serve the whole region. This connecting up of the region creates important advantages for business.
At the same time, people who live within such a region find that they can work in one city but live, or learn, in another, using improved connections to service a daily inter-city commute. This creates a larger regional talent pool, the opportunity to share and optimise regional assets such as airports, ports, and universities, and it allows each city to ‘borrow’ the scale and specialist functions of other cities when they compete with other regions for investment, talent, and jobs.
Mega-Regions therefore offer potentially important advantages to the participating cities and their firms and citizens. But becoming a successful Mega-Region is about more than proximity. It requires planning, investment, governance, and it necessitates adjustments to the new regional scale operations that are made possible.
Explore our report that focuses on seven global Mega-Regions – the Greater Bay Area, US Northeast Corridor, Coastal California, Northwest Europe, Jing-jin-ji, Yangtze River Delta and Tokyo-Osaka. The report provides a deep-dive into dynamic enterprise developments, sustainability and case studies of each region.