Karachi to become World's third most populated city of the World

Karachi to become World's third most populated city of the World

*ISLAMABAD - Karachi to become the world’s third most populated city by 2030, *Euromonitor has made the prediction.

The population of the port city is expected to grow by more than 30%, the second highest growth rate, between 2017 and 2030, Euromonitor revealed in a study. The firm overviewed the current economic and demographic state of 33 megacities of the world.

The research firm defines megacities as those with a population of 10 million or more, featuring the most affluent households and those which are often the primary destination for investment in a country.

According to the report, only 15% people used to live in cities in 1900, but the number rose dramatically by 2008 when more than half of the world’s population moved to urban areas.