EIU’s Global Liveability Report 2017 ranks Colombo among top 5 most improved cities
According to the “Global Liveability Report 2017” released by the Economist‘s research division,Economist Intelligence Unit (EIU), Sri Lanka’s commercial capital, Colombo has been ranked amongst the five biggest improvers in the last five years in terms of liveability, especially after the end of its three decade civil war.
Colombo has secured the 5th position in the five biggest improvers in the last five years ranking, with Tehran securing 1st place followed by Dubai, Abidjan and Harare.
Of the 140 cities listed in the report, Colombo was ranked 124 after receiving an overall score of 51 out of 100.
The report found that cities like Kiev, Tripoli and Colombo that had moved up its rankings, were located in countries that have been subject to relative periods of stability after having seen periods of upheaval. But, it further stated that “…improvements have been marginal and have not seen liveability recover from previous levels or resulted in large shifts up the ranking.”
For the 7th consecutive year Melbourne secured the top spot on the list narrowly followed by Vienna, Vancouver, Toronto, with Calgary and Adelaide sharing the 5th position.
Meanwhile, the 5 least liveable cities according to the rankings were Damascus, Lagos, Tripoli, Dhakaand Port Moresby.
Although the top five cities remain unchanged, the report highlights that the past few years have seen increasing instability across the world, causing volatility in the scores of many cities, with the overall global average liveability score falling by 0.8% in the past 5 years to 74.8%.
OSL TAKE:
The indication of improved liveability signals a move towards stability which provides opportunities for growth. The Government of Sri Lanka’s (GoSL) concentration on infrastructure and economic development sends a positive message to potential investors and enterprising individuals to invest in the country.
| Article Code : | VBS/AT/28082017/Z_4 |