Brisbane has taken out fourth spot in a global ranking of cities vying for foreign direct investment, and placed in the top 10 worldwide for human capital and lifestyle.
The Global Cities of the Future report is released every two years by fDi Intelligence, a division of the London-based Financial Times.
Brisbane moved up one spot to claim fourth out of 53 submitting cities in the Foreign Direct Investment Strategy category, and placed highly in the publication’s overall rankings of 131 cities worldwide, taking out 10th position for human capital and lifestyle (just one spot behind London).
“Placing fourth for foreign direct investment strategy demonstrates that Brisbane is successfully showing the world that our city is economically resilient, supports foreign investors across a range of industry sectors, and is backed by a robust and connected business and government environment,” Lord Mayor Graham Quirk said.
“To be ranked within the top 10 globally for human capital and lifestyle is testament to the outstanding education, research, business, employment and lifestyle opportunities that continue to attract and retain talented and skilled people in our great city.”
Brisbane also took out two awards for strategies driven by the economic development board, Brisbane Marketing.
Brisbane’s 2022 New World City Action Plan was recognised with the Strategic Vision Award, while the city’s tourism infrastructure and hotel investment strategy won the Tourism Development Award.
“The Brisbane 2022 New World City Action Plan has put our city firmly on the path toward greater economic growth and prosperity by focusing on seven key economic priorities and eight promising growth sectors,” Cr Quirk said.
“Brisbane’s hotel investment and tourist attraction strategy focuses on building the tourism and visitation economy by attracting foreign direct investment into infrastructure such as cruise ship terminals, major tourist attractions, and four and five-star hotels.
“More than $10 billion worth of major project and infrastructure work in the pipeline will support greater numbers of tourists who are choosing our progressive and multicultural city for the wealth of unique experiences on offer.
“The latest fDi Intelligence rankings are another indicator that Brisbane is becoming a more globally competitive city which will continue to attract and benefit from foreign direct investment.”
The best cities for Foreign Direct Investment Strategy, as ranked by fDi Intelligence
- Hong Kong
The best cities for Human Capital and Lifestyle, as ranked by fDi Intelligence
- New York
- Hong Kong
Do these fDi Intelligence rankings change how you see Brisbane at all? Let us know in the comments below!