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European Cities and Regions of the Future 2010 11

European Cities and Regions of the Future 2010 11

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Published by: fotisk on Mar 16, 2010
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32
Frur/Mr 2010
EropeCes&ReosofheFre2010/11
 AWARDS
 JAcquelineHegARty 
Sir lst,
fD
Itlli
DouglASclARk 
Dirtr,RSM T Tlt
PAulgueSt
UK dirtr f rsr, Js L LSll
     J     u     D     g     i     n     g     P     A     n     e     l
L
ondon has once again beencrowned
fDi
Magazine’sEuropean City of the Future, with Paris and Moscow following insecond and third places, respectively.In the 2010/11 benchmark, Londonperformed well across the spectrum,achieving the top position in the cat-egoriesofeconomicpotential,humanresources and infrastructure, as wellas claiming second position for FDIStrategy.London’sdominationinthecompetitionisunsurprisinggiventhecityhasattractedmorethanone-thirdmore FDI projects over the past five years than any other European city,accordingto
fDi
Markets. Among the top 25 EuropeanCities of the Future, the UK andGermany dominated, accountingforone-thirdofthecities.Bucharest, WarsawandBudapestalsoputinanappearance in the top 25, ranking18th, 22nd and 25th, respectively.London triumphed in most cate-gories of the Major Cities group,though Bucharest claimed the titleof the Best Major European City forCost Effectiveness and Vienna wasawarded the Best Major City forQuality of Life.
fDi
Magazine’s inde-pendent judging panel was particu-larly impressed by Hamburg’s FDIstrategy,rankingitastheBestMajorCity for FDI Strategy, closely fol-lowedbyLondon,Berlin,Stockholmand Madrid.
fDi
Magazine’s European Citiesand Regions of the Future 2010/11shortlists,whichtookmorethansixmonths to research and involvedthe collection of data for 223 citiesand 142 regions in Europe, rankedFrankfurt as the Best Large City of the Future, with Amsterdam andOslo ranking second and third,respectively. Leipzig in Germany out-ranked Glasgow (second) and Valencia (third) to claim the title of the Best Large City for FDI Strategy.Edinburgh was crowned the BestSmall City of the Future 2010/11, as wellasachievingthebestpositionof anysmallcityintheoverallrankingsat10thpositionoverall.CitiesfromtheUKmonopolisedtheFDIStrategy category in the Small Cities group, with Leeds, Edinburgh andManchester taking second, fourthand fifth positions, respectively, yetall were beaten by Antwerp, which was awarded Best Small City for FDIStrategy.The Micro European City of theFuture 2010/11 award went toEindhoven in the Netherlands, pri-marilyduetoitshighpositionsinthecategoriesofeconomicpotentialandbusiness friendliness. In the samecategory, Reading in the UK claimedBest Micro City for Infrastructure, while Monaco achieved Best MicroCityforQualityofLife.TheUK’sSouth-eastwasawarded
fDi
Magazine’s European Region of theFuture2010/11,followedcloselby Ile-de-France and Nordrhein- Westfalen in Germany, with only one percentage point separatingthe top two regions.
fDi
Magazine’sindependent judging panelrecognised Flanders as the Best
The UK haS achIeveD aDoUbLe vIcToRy In
FDi
MagazIne’S cITIeS anDRegIonS oF The FUTURe 2010/11 RanKIngS, wIThLonDon TaKIng TheTop cITy poSITIon, anD The UK’S SoUTh-eaST cLaIMIng The TopRegIonaL SpoT.
 JaCquElinEHEgaRty
RepoRTS
SteenRoSenfAlck 
prtr,Millr Rsflk
 
33
February/March 2010
EConomiCpotEntial
pulatin¹
PopulationgrowthratNumberofpatents¹Grossdomesticproduct(GDP)per
caita³
GDP,purchasingpowerparitTotalnumberofFDIprojects(Jan2003toOct2009NumberofcompaniesinR&D¹TotalnumberofFDImegaprojects(Jan2003toOct2009)³TotalnumberofjobscreatedbyFDI(since2005)²TotalcapitalexpenditureonR&DFDIprojects³Employmentintheknowledge-intensivesector²GlobalcompetitivenessindeInflatioForecastGDPgrowthrate(2010)³
CostEFFECtivEnEss
officerent³
Industrialrent³PriceofunleadedpetroLuxurioushotelcostincitycentre¹Minimumwage³Costofregisteringproperty³Costofdealingwithconstructionpermits³Profittax³Costtoexport³Costtoimport³Costofestablishingabusiness³Costtosetupanelectricityconnectionforanewbusiness³Domesticlogisticscosts³Averageretailpriceofelectricity³RedundancycostWageofanunskilledworkeWageofasemi-skilledworker³Wageofaskilledworker³Averageresidentialpropertyprice¹
HumanREsouRCEs
Unemploymentrate³Total‘worldtop-500’universities³Numberofuniversities¹Numberofuniversitystudents³Europeanbusinessschoolrankings¹Graduates,tertiary³Grossenrolmentrate,tertiary³Grossenrolmentrate,secondary³Grossenrolmentrate,primary³Labourforcewithtertiary
educatin³
Publiceducationexpenditure³Humanresourcesinsciencesandhigh-techindustries²Economicallyactivepopulation²
 JuDging cRiteRiA 
(continuednextpage)
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.Polishregionsaccountedforhalof 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.
no 
InApril2008,theFinancialTimesLtdacquired
fDi
Markets and
fDi
Benchmark.
fDi
Markets is an inde-pendentdatabasetrackingglobalFDIon a real-time basis and
fDi
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.
Mhodoloy 
fDi
Cities and Regions of the Futureshortlists were created from an inde-pendent collection of data by 
fDi
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.
caors
n
Major cities have a population of more than 1 million.
n
Large cities have a population of between 500,000 and 1 million.
n
Small cities have a population of between 250,000 and 500,000.
n
Micro cities have a population of less than 250,000.
n
 
34
Frury/Mr 2010
RegIonS
euRoPe
toP10MicRoeuRoPeAncitieS
RAnk city countR
1
eidntrlds
2
Cambridge UK
3
grlFr
4
Oxford UK
5
Bordeaux France
6
Basel Switzerland
7
nuilly-sur-Si Fr
8
RdiUK
9
Galway Ireland
10
Gent Belgium
RAnk city countR
1
LdUK
2
Stockholm Sweden
3
DuliIrld
4
ediurUK
5
Copenhagen Denmark
6
Oslo Norway
7
Cambridge UK
8
hlsiki Fild
9
Mstr UK
10
Oxford UK
toP10noRtHeRneuRoPeAncitieS
RAnk city countR
1
Bucharest Romania
2
Warsaw Poland
3
budst hury
4
Prague Czech Republic
5
brtislSlki
6
Krakow Poland
7
KyiUkri
8
Pilsen Czech Republic
9
Brno Czech Republic
10
Wroclaw Poland
toP10eASteRneuRoPeAncitieS
RAnk city countR
1
brlSi
2
Mdrid Si
3
Rome Italy
4
Istul Turky
5
MilItly
6
vliSi
7
Lisprtul
8
blItly
9
ats gr
10
Izmir Turkey
toP10SoutHeRneuRoPeAncitieS
RAnk city countR
1
pris Fr
2
viaustri
3
Frankfurt Germany
4
Brussels Belgium
5
Amsterdam Netherlands
6
Hamburg Germany
7
Zurich Switzerland
8
Berlin Germany
9
Munich Germany
10
eidntrlds
toP10WeSteRneuRoPeAncitieS
RAnk city countR
1
LdUK
2
pris Fr
3
Moscow Russia
4
Stockholm Sweden
5
brlSi
6
DuliIrld
7
viaustri
8
Frankfurt Germany
9
Brussels Belgium
10
ediurUK
11
Mdrid Si
12
Amsterdam Netherlands
13
Copenhagen Denmark
14
Hamburg Germany
15
Zurich Switzerland
16
Berlin Germany
17
Munich Germany
18
Bucharest Romania
19
Oslo Norway
20
eidntrlds
21
Cambridge UK
22
Warsaw Poland
23
hlsiki Fild
24
Mstr UK
25
budst hury
toP25euRoPeAncitieS:oVeRAll
RAnk city countR
1
LdUK
2
pris Fr
3
Moscow Russia
4
Stockholm Sweden
5
brlSi
6
DuliIrld
7
viaustri
8
Brussels Belgium
9
Mdrid Si
10
Copenhagen Denmark
toP10MAJoReuRoPeAncitieS
RAnk city countR
1
Frankfurt Germany
2
Amsterdam Netherlands
3
Oslo Norway
4
hlsiki Fild
5
Düsseldorf Germany
6
Stuttgart Germany
7
Glasgow UK
8
Rotterdam Netherlands
9
Gothenburg Sweden
10
Nuremberg Germany
toP10lARgeeuRoPeAncitieStoP10SMAlleuRoPeAncitieS
RAnk city countR
1
ediurUK
2
Zurich Switzerland
3
Mstr UK
4
Thuntrlds
5
Utrt ntrlds
6
LyFr
7
Antwerp Belgium
8
Malmö Sweden
9
Lds UK
10
bristl UK
qualityoFliFE
Unemploymentrate³NumberofInternational
blurtsls¹
Averageresidentialpropertyprice¹Numberofhospitalbeds³Deathrate³Healthexpenditure³Lifeexpectancy³Qualityoflifeindex³GlobalpeaceindeInternationaltourismarrivals³GDPpercapita²
inFRastRuCtuRE
Numberofinternational
dstitissrd³
Uploadspeed³DownloadspeeNumberofports¹Typeofport¹Sizeofport¹Airlinesserved¹Numberofterminals¹WorldportrankingMajorrailwaylinestothecitAccesstomarkets¹Timetoexport³TimetoimporInternetaccessathome³TelephonelineMobilephonesubscribers³LogisticsperformanceindeNetworkreadinessinde
BusinEssFRiEnDlinEss
NumberofjobscreatedbyFDNumberofcompanieswithinthehigh-techmanufacturingsector³Numberofcompanieswithinthe
i-tsrisstr³
Numberofcompanieswithintheknowledge-basedsector³Growthofhigh-techmanufacturingfirms³Growthofhigh-techservicesfirmGrowthofknowledge-basedfirms³Top1000worldbankDaystakentostartabusiness³Hiringcosts³DifficultyofredundancyindeEaseofdoingbusinessindex³CorruptionperceptionsindeEconomicfreedomindeInnovationinde
FDipRomotionstRatEgy
Numberofstaffdedicatedtopromotingandfacilitatinginwardinvestmentandsystems/programmesinplacetotrainstaff andmeasureperformance³KeyinitiativesunderwaytoattractmoreinvestmenInformationonhigh-growth
strs/su-strsitity
whichofferexcellentpotentialforinwardinvestmenDescriptionofincentivesavailabletoinwardinvestorsandthetypicalsizeofincentives³Majorinfrastructureandurbanplanningprojects³Bonusquestion:outlineofthe
lti’sisifrii
fullFDIpotentialandwhyitis
ltiftfutur³
Note:Informationcollectedby
fD
Benchmarkexceptforfinalcriteriathiswasprovidedbythecitiesandassessedbythejudgingpanel.
¹citydtitly
²Regionaldatapointonly
³citydrildtit
 JuDging cRiteRiA 

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