Quality of Living: Dhaka ranked 214th among 231 cities
Dhaka is listed among the worst cities of the world in terms of quality of living according to the annual ranking of consulting firm Mercer as Bangladesh keeps last year's poor rank.
Dhaka ranks 214th among 231 global cities with Vienna topping the list and Baghdad sitting at the bottom.
In terms of the overall quality of living survey, Vienna tops the list for the eighth consecutive year, according to the ranking survey released in London on Tuesday.
Zurich, Auckland, Munich and Vancouver follows Vienna on the top list.
Singapore tops another list in terms of offering the best infrastructure, as city infrastructure has been rated separately for the first time in the firm's ranking. Frankfurt and Munich are both placed second in infrastructure ranking.
“A city's infrastructure, or rather the lack thereof, can considerably affect the quality of living that expatriates and their families experience on a daily basis,” said Slagin Parakatil, Principal at Mercer and responsible for its quality of living research.
Access to a variety of transport options, being connected locally and internationally, and access to electricity and drinking water are among the essential needs of expatriates arriving in a new location on assignment, he said. A well-developed infrastructure can also be a key competitive advantage for cities and municipalities trying to attract multinational companies, talents, and foreign investments, he observed.
The firm's Quality of Living survey of cities helps companies and organisations determine compensation for the international staff. It uses dozens of criteria such as political stability, healthcare, education, crime, recreation and transport.
According to Mercer, knowing which issues are lowering a city's quality of living and which ones succeed in raising it can provide a competitive advantage. Selecting a city for investment considering those standards can yield enormous economic advantages.
Companies are eager to identify emerging businesses and talent hubs as they set up operations in new markets. But to stand out and attract these investments, city leaders need to understand the specific factors that contribute to a city's quality of living.
The general concerns are whether the city is connected regionally and globally with transportation networks, whether it is competitive economically, socially, culturally, and environmentally, whether it is attractive to tourists, mobile talents and multinational companies for capital investment.
Comments