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By 2050, two-thirds of the world’s population will be living in urban areas. This reality places a renewed focus on urban living to ensure that the cities of the future become secure, sustainable, and inclusive.

Governments are focused on building more inclusive, resilient, and sustainable economies. They are doing this in part by embracing digital technologies and leveraging strong public-private partnerships.

Digitization has an important role to play in this debate and in advancing progress. Aside from revolutionizing the lives of citizens and businesses in recent decades, digitization and data-informed approach have transformed governance, upending traditional infrastructure, the delivery of public sector programs and initiatives, and in many instances, revitalizing citizens.

Mastercard Cities of the Future Report 2024 highlights how a well-structured development of the cities of the future is a catalyst for economic growth and job creation – it is an investment in the region’s future, leading to sustainable economies and communities.