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From: Nochur Ramanathan
Date: 8 July 2015 at 17:09
Subject: FW: Top tech-rich cities





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Subject: Top tech-rich cities
From: [email protected]
Date: Wed, 8 Jul 2015 04:36:32 -0400

Last updated on: July 07, 2015
Rediff Business
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*Image: Bangalore ranked among top tech-rich cities. Photograph: Reuters*



India’s Silicon Valley, Bengaluru has been ranked among top 20
technology-rich cities in the world in a survey done by Jones Lang LaSalle.

This is JLL’s second annual City Momentum Index (CMI), which tracks the
speed of change of a city’s economic base and its commercial real estate
market.

Good economic growth, investments in infrastructure, startups and good
supply of prime office space boosted Bangalore's performance in the survey.

The Metro Rail, a bus rapid transport system on the outer ring road,
together with a rise in FDI projects have also helped the city's economic
growth, which is expected to reach 8 per cent this year and make
Bengaluru among the fastest-growing major cities in the world, JLL said.

*Take a look at the top 10 technology-rich cities…*

*Image: London tops the 2015 City Momentum Index. Photograph: Reuters*



*London*
*Rank:* 1

With robust economic fundamentals, large volumes of cross-border real
estate investment and a positive outlook for commercial property prices,
London tops the 2015 City Momentum Index.

London also continues to hold its reputation as a global tech hub.

*Image: A PayPal sign is seen at an office building in San Jose,
California. Photograph: Beck Diefenbach/Reuters*



*San Jose*
*Rank:* 2

With Silicon Valley as the global hub of the high-tech venture capital
industry, San Jose ranks second among technology-driven cities such like
Boston and San Francisco. The city has also seen a strong growth in
property investment during 2014.

*Image: China is home to 7 cities in the list of top 20 dynamic cities.
Photograph: Reuters*



*Beijing*
*Rank:* 3

China is home to 7 cities in the list of top 20 dynamic cities. Beijing,
China’s capital list is the topper among Chinese cities.

The city is home to most of China's largest state-owned companies,
technology companies, hub for the national highway, expressway and railway
networks.


*Image: Shenzhen. Photograph: Reuters*




*ShenzhenRank:* 4

Shenzhen in the Pearl River Delta has found renewed energy on the back of
its technology sector and neighbouring Guangzhou features just outside the
Top 20.

*Image: Shanghai. Photograph: Reuters*




*ShanghaiRank*: 5

Shanghai is among the most developed and prosperous in cities in China. It
is also China’s educational, cultural and financial centre.

*Image: Ho Chi Minh City. Photograph, courtesy: Wikimedia Commons*




*Ho Chi Minh CityRank:* 6

Ho Chi Minh City is the biggest improver in the CMI 2015 and makes it into
the Top 20 off the back of strong FDI, as companies look beyond China as a
base for manufacturing.

*Image: A jogger runs along the Charles River past the Boston skyline.
Photograph: Brian Snyder/Reuters*




*BostonRank:* 7

Boston's rise as a tech-rich city has been helped by strong growth in
property investment.

*Image: Wuhan. Photograph, courtesy: Wikimedia Commons*




*WuhanRank:* 8

Shanghai, Nanjing, Wuhan and Chongqing form a strong corridor along the
Yangtze River, while the emerging megacity of Beijing-Tianjin in the north
is showing high levels of dynamism, states the JLL study.

*Image: A vintage street car moves along Market Street in downtown San
Francisco. Photograph: Robert Galbraith/Reuters*




*San FranciscoRank*: 9

San Francisco is a cultural, commercial, and financial centre. The city has
seen a high investment in property in 2014.

*Image: Chongqing. Photograph: Reuters*



*Chongqing*
*Rank:* 10

Chongqing is one of the five national central cities in China.

A major manufacturing centre and transportation hub, the *Economist
Intelligence Unit* ranked it as one of China's 13 emerging megacities.

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