Warsaw is climbing the ranks as a business-friendly city. A great place to invest and buy real estate. The city’s reputation recently rose with the publication of The Financial Times’ “European Cities & Regions of the Future.” Warsaw is high in the prestigious ranking – it ranks 3rd, just behind London and Dubai. Is the Polish capital one of the most attractive places for business and investment?
Warsaw high in the prestigious ranking of The Financial Times – what does it mean?
This ranking, compiled by fDi Intelligence, a company owned by The Financial Times, has been analyzing the investment potential of European cities and regions for more than a decade. Warsaw high in the prestigious “European Cities & Regions of the Future” ranking – what does this mean for the Polish capital? In this year’s edition it ranked 3rd. It gave way only to London and Dublin. In addition, it outranked such metropolises as Paris, Amsterdam and Berlin. This is a huge distinction. Therefore, it confirms the dynamic economic development, business attractiveness and high quality of life in the capital.
Moreover, Warsaw ranked 2nd in Europe in terms of business friendliness and human capital and lifestyle. Therefore, it is easy to draw the conclusion thatWarsaw is becoming one of the major business centers of Central and Eastern Europe? Currently, there are many indications of this.
The ranking “European Cities & Regions of the Future” – how is it created and what does it take into account?
The ranking “European Cities & Regions of the Future” is one of the most prestigious lists. Specialists evaluate the investment potential of cities and regions. It is compiled by fDi Intelligence, a company owned by The Financial Times. In this year’s edition, 521 European cities and regions were analyzed, of which 379 were classified by population size, and 142 were divided into large, medium and small regions.
The ranking is based on an in-depth analysis of several key factors:
- economic potential,
- business friendliness,
- The cost of doing business,
- human capital
- lifestyle
- foreign investment attraction strategy (FDI strategy).
Hard data is subject to evaluation. Therefore, specialists analyze the size of GDP, the number and value of foreign direct investment, the availability of highly skilled labor. Equally important is business infrastructure and the quality of life of residents. Such a comprehensive approach makes the ranking an important indicator of the economic attractiveness of cities. Therefore, it is a valuable source of information for investors and global corporations looking for new locations for their ventures.
Top ten ranking
This year’s top ten ranking of “European Cities & Regions of the Future” shows which European metropolises have the greatest investment potential. On the podium were London, Dublin and Warsaw. This confirms the growing role of the Polish capital on the business map of Europe. The following places were taken:
- Paris,
- Amsterdam,
- Munich,
- Berlin,
- Frankfurt,
- Copenhagen
- Zurich.
That is, cities with an established economic position that have been attracting global investors for years. Warsaw’s promotion to 3rd place, ahead of such strong centers as Paris and Berlin, is a signal for business. It shows that the Polish capital is becoming an increasingly competitive place to invest. In addition, high rankings in the “business friendliness” and “human capital and lifestyle” categories show that the city offers stable conditions for doing business. At the same time, it provides access to skilled workers and a high quality of life.
Will this position translate into further foreign investment. Will it ensure further economic development? In addition, the ranking position indicates that Warsaw is becoming an increasingly attractive place for international business.
Source: propertynews.pl
