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Stockholm, capital and largest city of Sweden. Stockholm is located at the junction of Lake Mälar (Mälaren) and Salt Bay (Saltsjön), an arm of the Baltic Sea, opposite the Gulf of Finland. The city is built upon numerous islands as well as the mainland f Uppland and Södermanland. By virtue of its location, Stockholm is regarded as one of the most beautiful capital cities in the world. Stockholm is famous for its iconic city hall, the world's first open-air museum and the fabulous Abba museum. But there are plenty of little-known facts about this city that even some locals might not be aware of – including an unusual story about Frank Zappa.
Stockholm, with its 900,000+ inhabitants, is the largest municipality in Sweden. The City Council is the supreme decision-making body of the City of Stockholm. The City provides Stockholm’s inhabitants with a multitude of different municipal services. Most of the municipal activities in Stockholm are carried out in administrative or corporate form Stockholm
Stockholm is the cultural, media, political, and economic centre of Sweden. The Stockholm region alone accounts for over a third of the country's GDP, and is among the top 10 regions in Europe by GDP per capita. It is an important global city, and the main centre for corporate headquarters in the Nordic region. The economy of Sweden is a developed export-oriented economy aided by timber, hydropower, and iron ore. Sweden has achieved a high standard of living under a mixed system of high-tech capitalism and extensive welfare benefits.
Stockholm is expanding rapidly. In 2020 the city will have 1 million inhabitants and by 2030, the city will reach 1.4 million. To ensure Stockholm's continued economic growth, more than EUR 111 billion in investments in the region is planned by 2040. Stockholm is experiencing one of its most intensive building periods since the big urbanization of the 1960s. This means increased demand for construction companies, together with new markets for suppliers of green products and services, sustainable construction and new building methods. The largest investment share is in housing, with an investment volume of €60,7 billion, followed by infrastructure investments in railway, subway and light rail, with an investment volume of €9,6 billion.