Charter Cities, Economic Incubators from the Ground Up

Charter Cities, Economic Incubators from the Ground Up
Design

The charter city concept is a model of urban development seeking to start new cities within developing countries that foster rapid economic growth through the establishment of autonomous zones that operate outside the normal policies and regulations of a given nation.

Scott Lachut, PSFK Labs
  • 2 october 2009

The charter city concept is a model of urban development seeking to start new cities within developing countries that foster rapid economic growth. By establishing autonomous zones that operate outside the normal policies and regulations of a given nation, the hope is that these environments would create unprecedented opportunities for business and government to experiment with forward-thinking solutions to the common problems faced by cities today – distribution of wealth and funding, smarter infrastructure, environmental concerns and security. Think of them as incubators for innovation on a large-scale.

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