Asian Floating Cities by 2020?

• 31 December 2015
• Local News
• 823 Views

Floating cities may be the next big thing for ASEAN real estate according to The Seasteading Institute which is seeking a location for operation by 2020.

The current economic growth in ASEAN means countries like the city-state of Singapore, or the coastal cities of Bangkok and Indonesia, could play host to the floating cities.

With many Asian coastal cities threatened by rising sea levels and a possible sinking, places like Bangkok, Jakarta and Ho Chi Minh City would be ideal candidates for expansion into the sea.

“We want to create a “Silicon Valley of the Sea” where new experiments in governance could be attempted with minimal risk and maximum benefit to the world,” said Joe Quirk, Seasteading Institute Communications Director.