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Ministry predicts urban population to reach 70% by 2050
The Center for Information and Decision Support Report indicates that approximately 70% of the world's population will live in cities by 2050, up from 56% currently. This shift is reshaping housing, work, and service patterns. Cities contribute 80% of the global gross domestic product and serve as major engines of economic growth and innovation. However, the report warns that unplanned urban expansion can lead to higher housing costs and increased pressure on infrastructure, highlighting the need for flexible and strategic planning to enhance quality of life and address future challenges.
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