London sweeps awards and emerges clear winner as 'European city of the future'
Mar 10, 2008
London has swept the board and emerged as this year’s number one European location in fDi magazine’s 2008 Cities of the Future shortlist, published by the Financial Times.
Cities and regions were asked to provide information in areas such as economic potential, volume and number of investment projects.
London scored top marks in the following categories:
- Top 50 European cities overall: London
- Top 25 Most attractive for FDI: London
- Top 10 Major European Cities: London
- Top 10 Most Business Friendly: London
- Top 10 Best quality of life: London and
- Top 10 Best Infrastructure: London.
Commenting on the results, Michael Charlton, Chief Executive of Think London, the foreign direct investment agency for London said: “ This is fantastic news for London. We continue to be the number one European destination for foreign direct investment for businesses looking to globalise and this is thanks to key strengths including our top ranking infrastructure and business environment. On top of these individual achievements, we have claimed the biggest prize too - top European City overall - something we can be truly proud of.”
Mayor of London, Ken Livingstone said: "London is the
international city of the world not only in terms of the business it conducts but also with more
nationalities in the capital than any other place on the planet. It is a city that has moved ahead
of all others because it has embraced globalisation and is again now opening itself up to the
rapidly growing market economies of China and India. It is a city that is on the cutting edge of
international technology, finance and business with the greatest choice and life styles available
to its citizens of anywhere on earth. At the same time its Climate Change Action Plan is
internationally recognised as one of the most advanced in any city in the world.
“In short London is leading the world in terms of the key trends at the beginning of the 21st century. This is reflected by this and other surveys that show why internationally London is held in such high regard.”
Think London has a proven track record of helping overseas businesses set up, succeed and grow in the capital, and has helped more than 1,000 companies from 43 countries since 1994.
For more information about how Think London can help your business, click here.
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