- published: 17 Apr 2016
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Valencia (Spanish: [baˈlenθja]) or València (Valencian: [vaˈlensia]) is the capital of the autonomous community of Valencia and the third largest city in Spain after Madrid and Barcelona, with around 809,000 inhabitants in the administrative centre. It is the 15th most populous municipality in the European Union. Valencia is also Spain's third largest metropolitan area, with a population ranging from 1.7 to 2.3 million. The Port of Valencia is the 5th busiest container port in Europe and the largest on the Mediterranean Sea, with a trade volume of 4.21 million TEU's.
Valencia was founded as a Roman colony in 138 BC. The city is situated on the banks of the Turia, on the east coast of the Iberian Peninsula, fronting the Gulf of Valencia on the Mediterranean Sea. Its historic centre is one of the largest in Spain, with approximately 169 acres; this heritage of ancient monuments, views and cultural attractions makes Valencia one of the country's most popular tourist destinations. Major monuments include Valencia Cathedral, the Torres de Serranos, the Torres de Quart, the Llotja de la Seda (declared a World Heritage Site by UNESCO in 1996), and the Ciutat de les Arts i les Ciències (City of Arts and Sciences), an entertainment-based cultural and architectural complex designed by Santiago Calatrava and Félix Candela. The Museu de Belles Arts de València houses a large collection of paintings from the 14th to the 18th centuries, including works by Velázquez, El Greco, and Goya, as well as an important series of engravings by Piranesi. The Institut Valencià d'Art Modern (Valencian Institute of Modern Art) houses both permanent collections and temporary exhibitions of contemporary art and photography.
Santiago (Spanish: Santiago de Chile (help·info)), also Santiago de Chile, is the capital and largest city of Chile, and the center of its largest conurbation (Greater Santiago). It is located in the country's central valley, at an elevation of 520 m (1,706.04 ft) above mean sea level. Although Santiago is the capital, the National Congress of Chile meets in the coastal town of Valparaíso, 120 km to the west.
Chile's steady economic growth has transformed Santiago into Latin America's most modern metropolitan area, with extensive suburban development, dozens of shopping centers, and impressive high-rise architecture. It has a very modern transport infrastructure, including the steadily growing underground Santiago Metro, an effort at modernizing public bus transport and a free flow toll-based ring road and inner city highway system, part of which is tunneled underneath a large section of the city's main river Mapocho connecting the Eastern and Western end of the city in a 25-minute drive. Santiago is the regional headquarters to many multinationals and a financial center.