European Region for FDI Strategy.The UK’s South-east also claimedthe award for the Best NorthernEuropean Region of the Future, fol-lowed by the Capital Region of DenmarkandScotland,insecondandthirdplaces,respectively.TheBestFDIStrategyinNorthernEuropecategory was dominated by UK regions, with Yorkshire and Humberside rankingsecond, followed by Scotland andThames Valley ranking third andfourth,respectively.Polishregionsaccountedforhalf of the top 10 Eastern EuropeanRegions of the Future; however, theBucharest and Prague regionsclaimed the top two positions. TheNorthern Great Plain of Hungary was awarded the Best EuropeanRegion in Eastern Europe for FDIStrategy, followed by Lesser Poland.In Southern Europe, Cataloniaranked top for Best Region of theFuture, followed closely by Madrid, whichwastopforBestFDIStrategyintheSouthernEuroperegion.Theinde-pendentjudgingpanelregardedotherSpanish regions such as Catalonia, Andalucia, Navarra, Aragon andCastilla-la Mancha as having animpressiveFDIStrategyandsoallwereincluded in the top 10 for Best FDIStrategyinSouthernEurope.Ile-de-France topped the Best Western European Region of theFuture 2010/11 ranking, whileFlanders, Brussels Capital Regionand Ouest in France were regardedas the best Western EuropeanRegions for FDI Strategy.
Markets is an inde-pendentdatabasetrackingglobalFDIon a real-time basis and
Benchmark is an independent data-base which benchmarks global loca-tionsaccordingtohowattractivethey are to foreign investors. This divisioncompiled the majority of the data forthe Cities and Regions of the Futurecompetition, with the exception of the FDI promotion strategy, which was submitted by individual cities/regions and assessed by the judgingpanel. These changes have made thecompetitionevenmoreobjective.
Cities and Regions of the Futureshortlists were created from an inde-pendent collection of data by
Benchmark across 223 European cit-ies and 142 European regions. Thisinformationwassetundersixcatego-ries: economic potential, humanresources, cost effectiveness, quality of life, infrastructure and businessfriendliness. A seventh category wasaddedtothescoring–FDIpromotionstrategy.Inthiscategory,99Europeancities and regions submitted detailsabout their promotion strategy andthis was judged and scored by theindependentjudgingpanel.Cities and regions scored up to amaximum of 10 points under eachindividual criteria, which were weighted by importance to give theoverall scores. Where data was avail-able only at a national rather thancityorregionallevel,alowerweight-ing was generally applied.
Major cities have a population of more than 1 million.
Large cities have a population of between 500,000 and 1 million.
Small cities have a population of between 250,000 and 500,000.
Micro cities have a population of less than 250,000.