The document discusses trends in urbanization and the growth of megacities. The key points are: 1) The vast majority of the world's largest and fastest growing megacities with populations over 10 million are located in developing countries. China and India are experiencing entirely new cities forming while cities in other countries are rapidly expanding. 2) Urbanization, especially in developing countries, is causing populations to move to cities at an accelerating rate. This brings opportunities but also challenges for companies relating to this growth. 3) Some of the fastest growing megacities are Dhaka, Bangladesh expected to grow 53% and Beijing expected to grow 44% between 2000-2010. China is expected to add dozens