Renovation and revitalisation: the renewal formula for BRICS large cities
The BRICS nations are connected not just by an ambitious political and economic alliance, but also by a shared urban challenge. Last year, Chinese authorities launched over 60,000 renovation projects to rejuvenate old neighbourhoods and industrial zones, with total investments reaching 2.9 trillion yuan ($408 billion). In India, the redevelopment of Mumbai's Dharavi District—featured in the Slumdog Millionaire movie—could cost up to $2.4 billion. Meanwhile, Moscow authorities have allocated nearly 1 trillion roubles for housing modernisation between 2024 and 2026.
#BRICS megacities have grown under different urban planning traditions, climates, and socio-economic conditions. Yet they share a long history and rapid economic growth, noted Kirill Puzanov, Associate Professor at the Vysokovsky Graduate School of Urbanism at HSE University. He added that the key challenge today is to preserve the unique heritage and identity of these cities while pushing forward with large-scale modernisation.
📎 Read more on the Vedomosti website (in Russian)
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