October 08, 2010
KUALA LUMPUR, Oct 8 — Malaysia’ capital city has dropped eight spots to 48 in a ranking of the world’s most global cities by international management consulting firm AT Kearney, suggesting the Najib administration has to try harder to make Kuala Lumpur a world class city.
New York, London, Tokyo and Paris topped the list of the 2010 Global Cities index which assessed 65 major cities based on the strength of their business, human capital, political, cultural and information assets.
The other Asia Pacific cities that made the top ten were Hong Kong - 5, Singapore - 8, Sydney – 9 and Seoul - 10.
Spurred by the increasing competition between cities which is contributing to a brain drain, government think tank Pemandu, is driving an initiative to make the Greater KL region a world class city.
Its stated goal is to propel KL to the top 20 in the world in both liveability and economic growth by 2020.
The AT Kearney global cities ranking shows however, the amount of catching up that Kuala Lumpur has to do and that other cities have the same idea and are not standing still.
In terms of liveability, KL ranks just 79th out of 130 cities in the Economist Intelligence Unit’s 2010 ranking of easiest places to live and was stagnant at 75th in the Mercer study of best places to live from 2006-2009.
The city also failed to make the list of the top 100 most innovative cities with strong cultural and human infrastructure and global links as assessed by Australian innovation consultancy firm 2thinknow.
Among initiatives planned for KL under the Economic Transformation Programme include a new MRT system to enhance public transportation, rehabilitation of the city’s polluted rivers, more green space, a high speed rail link to Singapore, improved pedestrian linkages and a more vibrant and seamless shopping belt. It is hoped that the better conditions will help attract top talent live in the city, whose population is expected to soar to 10 million in 2020 from 6 million currently.
The city’s attractiveness however is hampered by an absence of world class universities, relatively low salaries, lack of major cultural and outdoor attractions, lack of orderliness and poor maintenance, low levels of sophistication, creeping urban sprawl, crime, unhygienic conditions and traffic congestion.
The next few years will be critical for KL's ambitions to be a world class city as the AT Kearney report notes that the gap between the top cities and those who rank at the “tail” end is increasing.
KL’s 48th position puts it behind Bangkok – 36 and Taipei – 39 but slightly ahead of Manila – 51, Jakarta – 53 and Ho Chi Minh city – 61.
AT Kearney noted that global cities are the urban elite and are shaping the future with new deals and ideas.
“Global cities are where you go to do business, yes, but also to see the greatest art, hear the greatest orchestras, learn the latest styles, eat the best food and study in the finest universities,” said the report.
“They have global corporations. But they also have think tanks, jazz bars and broadband. In a word, they have clout.”
New York, London, Tokyo and Paris topped the list of the 2010 Global Cities index which assessed 65 major cities based on the strength of their business, human capital, political, cultural and information assets.
The other Asia Pacific cities that made the top ten were Hong Kong - 5, Singapore - 8, Sydney – 9 and Seoul - 10.Spurred by the increasing competition between cities which is contributing to a brain drain, government think tank Pemandu, is driving an initiative to make the Greater KL region a world class city.
Its stated goal is to propel KL to the top 20 in the world in both liveability and economic growth by 2020.
The AT Kearney global cities ranking shows however, the amount of catching up that Kuala Lumpur has to do and that other cities have the same idea and are not standing still.
In terms of liveability, KL ranks just 79th out of 130 cities in the Economist Intelligence Unit’s 2010 ranking of easiest places to live and was stagnant at 75th in the Mercer study of best places to live from 2006-2009.
The city also failed to make the list of the top 100 most innovative cities with strong cultural and human infrastructure and global links as assessed by Australian innovation consultancy firm 2thinknow.
Among initiatives planned for KL under the Economic Transformation Programme include a new MRT system to enhance public transportation, rehabilitation of the city’s polluted rivers, more green space, a high speed rail link to Singapore, improved pedestrian linkages and a more vibrant and seamless shopping belt. It is hoped that the better conditions will help attract top talent live in the city, whose population is expected to soar to 10 million in 2020 from 6 million currently.
The city’s attractiveness however is hampered by an absence of world class universities, relatively low salaries, lack of major cultural and outdoor attractions, lack of orderliness and poor maintenance, low levels of sophistication, creeping urban sprawl, crime, unhygienic conditions and traffic congestion.
The next few years will be critical for KL's ambitions to be a world class city as the AT Kearney report notes that the gap between the top cities and those who rank at the “tail” end is increasing.
KL’s 48th position puts it behind Bangkok – 36 and Taipei – 39 but slightly ahead of Manila – 51, Jakarta – 53 and Ho Chi Minh city – 61.
AT Kearney noted that global cities are the urban elite and are shaping the future with new deals and ideas.
“Global cities are where you go to do business, yes, but also to see the greatest art, hear the greatest orchestras, learn the latest styles, eat the best food and study in the finest universities,” said the report.
“They have global corporations. But they also have think tanks, jazz bars and broadband. In a word, they have clout.”
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