The document outlines a collaborative research project between the Asian Development Bank and the CAF Development Bank of Latin America aimed at analyzing and enhancing the competitiveness of cities in Asia and Latin America. It explores research questions related to city competitiveness, policy design, governance arrangements, and infrastructure planning, with case studies from various cities including Bogotá and Curitiba. Initial findings indicate that while Latin American cities excel in quality of life, they lag in business dynamics compared to Asian cities, which are more export-oriented and experiencing faster growth.