Belfast has topped the list as the best small European city for ‘Business Friendliness’ in the fDi magazine – part of the Financial Times group.
It’s the second year we have secured the coveted title, and we’re also ranked among the top ten European cities for its economic potential and strategy for attracting foreign direct investment.
Belfast was named the leading city for job creation from inward investment in the UK (excluding London) and had the highest figures by this measure among all small European cities. On a per capita basis, Northern Ireland also came out on top in attracting the highest number of fDi jobs in the UK.
The results were published as part of the fDi’s European Cities and Regions for the Future 2016/17. The rankings provide a benchmark to assess the continent’s investment landscape.
The score to determine business friendliness was achieved through assessing a number of factors – the volume of new investments that have taken place in Belfast over the last few years, jobs that have been created as a result of inward foreign direct investment, the proportion of companies in the hi-tech and knowledge-based sectors and the corporation tax rate among others.
Belfast City Council is set to unveil a plan this week on how it is setting out to capitalise on the opportunities presenting themselves – working in conjunction with a range of partners, including the private sector.
For more information on the fDi ranking for Belfast, visit fdiintelligence.com