Singapore is frequently named as one of the best cities in the world. So it comes as no surprise to us when yet another report gives Singapore a shiny new title. This time, the Global Power City Index (GPCI) has ranked Singapore as the fifth most powerful city in the world for its strengths in attracting people, capital, and businesses to the nation. Read on to see why Singapore is an incredible powerful city.
Global Power City Index
The Global Power City Index evaluates cities globally based on their magnetism and ability to attract people, capital, and enterprises. The ranking system developed by Mori Memorial Foundation’s Institute for Urban Strategies assesses cities across six key functions. These are Economy, Research & Development, Livability, Cultural Interaction, Environment, and Accessibility. With this in mind, the categories are further broken down into around 70 indictors which include cost of living, employment data, and transport, to name a few.
Singapore ranks as the fifth most powerful city globally according to the latest report by GPCI. Several strengths are noted as the reason for Singapore being one of the most powerful cities on the planet. For instance, the city-state excels in education, offers high-tech transportation, has a low-risk environment, and is the perfect place for global connectivity. The city scored 1264.7. Meanwhile, London tops the list with a score of 1646.7 followed by New York, Tokyo, and Paris completing the top four.
Here are the Top 10 World’s Most Powerful Cities according to GPCI:
- London, United Kingdom
- New York, United States
- Tokyo, Japan
- Paris, France
- Singapore
- Amsterdam, The Netherlands
- Seoul, South Korea
- Dubai, United Arab Emirates
- Melbourne, Australia
- Berlin, Germany
Despite Singapore’s strengths, the city-state is noted to face challenges in areas such as livability due to high costs of living and social freedom as a result of press control. However, its overall performance across other metrics allows it to maintain its position as one of the most leading cities in the world.
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