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Attractive Asia: 4 cities for successful business

In recent years, the Asia-Pacific region more and more boldly conquers the hearts of investors from around the world. What cities in Asia are best for startups?

Attractive Asia: 4 cities for successful business

In 2014, in the region, 1,357 transactions were invested totaling $38.9 billion, in 2013 this figure was $9.4 billion. Analysts estimated that in the Asia-Pacific region, there is an impressive number of talented engineers, whose activities are constantly supported by the government. The main sectors of this region are technologies and e-commerce. These areas account for 27% of all investments. Yes, investments in Asia involve certain risks - the infrastructure in the region is not 100% developed. However, today we can identify the four best cities in Asia for the development of a start-up.

Attractive Asia: 4 cities for successful business

The futuristic Singapore occupies the first placeя. This city-state is famous for the development of advanced technologies and strict rules of residence - fines here are provided for accidentally thrown gum on the street, vandalism and other less criminal offenses. In the country at the moment, 3,500 start-ups have been created in the spheres of electronic commerce, games and social networks. It is believed that this is the best place on Earth for earning the first million - even Hong Kong is inferior to Singapore in this regard.

Attractive Asia: 4 cities for successful business

The state has an extremely advantageous geographical location - it is situated between India and China. This nuance gives Singapore the opportunity to successfully enter the market. This city can really be considered technologically advanced - 9 out of 10 Singaporeans have a smartphone, which also contributes to the creation of start-ups, the idea of which lies in the field of electronic commerce.

Attractive Asia: 4 cities for successful business

The city of Bangalore, located in the south of India, has 4,900 start-ups. A value of investments in these projects is $2.3 billion. One of the most popular companies is Flipkart, an e-commerce site. For eight years of operation, the company has raised its value to $15 billion.

Attractive Asia: 4 cities for successful business

Bangalore differs from other cities by the number of residents using the Internet, here, there is an incredible number of them. It is expected that after a few years the number of such users will rise to 500 million people.

But do not think that this city is different from the rest of the Indian settlements completely - poverty here is also a familiar reality. About a fifth of the residents lives on $1 a day.

Attractive Asia: 4 cities for successful business

Hong Kong is another mecca for lovers of innovative business ideas. Today, there are about 2 thousand start-ups. The advantage of this city is its close proximity to mainland China. Here start-ups acquire a "right hand" in the form of Hong Kong Science and Technology Parks and Cyberport.

Attractive Asia: 4 cities for successful business

Hong Kong is the largest international financial center with a GDP of 0.47% of the world economy. Historically, this place was an activist in terms of searching for new business technologies, options for their application, and integration of outstanding specialists. Particular attention is paid here to the spheres of industry, trading and services.

Attractive Asia: 4 cities for successful business

The fourth city, suitable for start-ups, is Kuala Lumpur. This Malaysian center is an important hub for many business ideas. The city is favorably located, it is close to the markets of Southeast Asia, which makes it attractive for businessmen. Also in Kuala Lumpur, companies are supported by the government. For example, in 2013 the Prime Minister of the country created MaGIC, the largest accelerator of start-ups in the Asia-Pacific region.

Attractive Asia: 4 cities for successful business

One of the most successful start-ups of the city is Grab Taxi. The brand started its work in 2011 in Kuala Lumpur, after - moved to Singapore. Today the company operates in six states, and the number of users of the brand is close to 4 million. The cost of business is $1.5 billion.

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