In Bangladesh, the Alternative to Urbanization is Urbanization
There is little empirical regularity that is as universal as the following: no matter what the path of economic development a country has followed, urbanization has been an inevitable consequence across the world. Already half the world’s population is urban. Currently, Asia and Africa are the least urbanized regions, but they are expected to reach their respective tipping points–that is when their urban populations will exceed the rural population–in 2023 and 2030. While the urban transition occurs with diverse growth patterns at different times, the real challenge for governments is to take actions that allow residents to make the most of living in cities.
The relationship between urbanization and economic development has long been a popular issue of debate. Should a developing country encourage urbanization? While this is a real dilemma in Bangladesh, because of a highly unfavorable land-population balance, the only alternative Bangladesh has to urbanization is urbanization. The question is not whether Bangladesh should urbanize; the question is how Bangladesh will handle the challenges of urbanization.


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A thriving and active waterfront has been a common thread for great cities and urban centers, though the relationship of cities with their waterfront has undergone a series of transformations. In the industrial era, manufacturing and maritime activities such as shipyards, warehouses, and heavy industries dominated properties along the water, which served as an important transportation corridor. Today, in the post-industrial era, many cities are realizing the potential of reinventing waterfront properties.