Bach Under The Stars

Friday, 25 March 2011

Ghost cities in China

Notice that all of these "ghost cities" are build in poorer provinces.

While they may become massive failures, investing in construction sector and building modern infrastructure seems like useful idea of development. Especially considering abundant resources and cheaper labor in poorer provinces.

It's not like building pyramids. Encouraging development in internal areas may be good strategy.

then you might as well have just burned the money

This is surely not true, even if there is nobody to use the constructions it leaves more experienced workers, engineers, planners, developers and building companies.

It is a matter of return on capital invested. This is Guiyang, capital of Sudan-level poor province. This is actual Khartoum, capital of Sudan.

Knowing that Guiyang has immense mineral reserves and plenty of hydroelectricity i can assume that building it was much cheaper than Khartoum. Even if thirst is underused and second is overcrowded Guiyang can hope for better future.

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