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10 Booming Cities In South East Asia

The growth of cities is a protean multifaceted process and never more so than now. Below are the
top 10 booming cities of Southeast Asia.
1. Kuala Lumpur, Malaysia: Kuala Lumpur has developed its spectrum of spiritual, social,
entertainment and recreational facilities as well as improved buildings and infrastructure,
monuments and parks and functioning of governmental and non-governmental
institutions.
2.

2. Bangkok, Thailand: Bangkok is the countrys regional and financial centre with chief
manufacturing of textiles, food processing and the production of building materials. Other
industries include cement, electronics, petroleum refining, and tourism.
3. Singapore city, Singapore: By embracing globalization, free market capitalism, education, and
strict pragmatic policies, the city has been able to overcome their geographic disadvantages and
become a leader in global commerce. Singapore is an ultra industrialized society with entrepot
trade.
4. Bandar Seri Begawan, Brunei: Though a very tiny country, Brunei Darussalam is a small
country with great potential. Its innovative and ever-growing industry
development has led it to grow and progress significantly.

5. Hanoi, Vietnam: Ha Noi with a new makeover is embarking on a new development period.
Industry plays a more and more vital role of the capital economic structure.
Service activities in Hanoi have been expanded and its quality has been scaled up. Active market
in Hanoi is rich in products, satisfying demands on consumption of
residents.
6. Jakarta, Indonesia: It is one of the most populous urban city and home to maximum people in
Southeast Asia. Capacity utilization rises and new technologies such as cloud computing, solar
energy and 3D printing have been gaining a significant importance in the city leading to foster
economic development.
7. Ho Chi Minh, Vietnam: Ho Chi Minh has grown by an average of 7.4% a year over the past
decade. At first, agricultural reform, which redistributed land from the state to poor farmers,
propelled the boom. More recently, export growth, fuelled by cheap, efficient labor and
burgeoning foreign investment, has driven the economy.

8. Phnom Penh, Cambodia: Phnom Penhs economy has expanded at a fast pace, with growth
averaging about 8 percent. One of the key drivers of the economy is textiles and footwear, whose
exports amount to a third of nominal GDP. While the residential and hospitality spaces dominate
construction, infrastructure is fast gaining ground as the government focuses on power
generation, oil and gas, and diversification in manufacturing.

9. Manila, Philippines: The city itself is a tight squeeze: it is one of the most densely populated
urban areas in the world, with 43,079 inhabitants per km2. Manila is a key economic centre in
the Philippines, with bustling activities in commerce, finance and outsourced services. Also
contributing to strengthening the growth rates has been the strong domestic demand for products,
the costs in public works and infrastructure desired by the central government and the increase in
foreign investment in the country.
10. Myanmar, Thailand: Myanmars emergence from economic isolation provides a rare opening
for companies to reach a small but rapidly growing and fertile consumer market. Its wealth of
natural resources, youthful and inexpensive workforce and strategic location has led many
foreigners to invest and establish a strong economy.

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