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Media & Events > Manchester gets double top 10 ranking for strategy and connectivity in fDi global report12 December 2016
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Manchester will end 2016 on a high note following the announcement that the region has been awarded two top 10 foreign direct investment (FDI) rankings for strategy and connectivity.
Published today, the Financial Times fDi Global Cities of the Future 2016/2017 report, which focuses on 131 international cities accounting for over one-third of all global FDI, recognises Manchester as one of the world’s key business destinations. The six categories summarised in the report are; FDI Strategy, Economic Potential, Business Friendliness, Human Capital and Lifestyle, Cost Effectiveness, and Connectivity.
This is the second year Manchester has been recognised for connectivity which assessed digital, telecomms and international travel connectivity, as well as the quality of overall infrastructure. This year the city region is in 8th place, with London, Singapore and Hong Kong leading the category. Ranked 6th for strategy, Manchester beat the likes of Hong Kong, Chicago and Brisbane.
Sir Richard Leese, Leader of Manchester City Council, said: “These results highlight Manchester’s status as a global business destination. It is a real achievement to be chosen as one of the world’s top performing cities in terms of FDI and underlines the region’s global status.
“Greater Manchester has always been ambitious and continues to drive change. We’re investing heavily to create a supportive and connected environment that enables our businesses to compete on an international stage.”
Tim Newns, chief executive, MIDAS, Manchester’s inward investment agency, said: “This confirms Manchester is one of Europe’s strongest business cities and it is a strong peer group of cities that Manchester finds itself within.
“We encourage more of the world’s leading and emerging companies seeking opportunities in Europe to choose to invest and innovate in Manchester.”
To read the full report visit fDi Global Cities of the Future 2016-17.compressed
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