Porto receives Financial Times award for its foreign direct investment strategy at MIPIM
Mayor Rui Moreira was presented with the city's recent award for first place in the annual "European Cities and Regions of the Future" ranking, in the FDI Strategy category for large cities
Porto's foreign direct investment (FDI) strategy, led by InvestPorto, was recently distinguished as the best in Europe by fDi Intelligence, a Financial Times publication. This annual ranking honors the FDI strategy of European cities, with its official award cerimony being held at MIPIM, one of Europe's largest real estate investment fairs.
Attending the event alongside the municipalities of Matosinhos and Vila Nova de Gaia, under the Greater Porto initiative, Mayor of Porto Rui Moreira received the award directly from fDi Intelligence. "Porto is proud to accept an award that proves and carries on its historic status as a hub for initiative and development", said the Mayor.
Having been on the podium for four consecutive years - third place in 2022, first place in 2023, third place in 2024, and first place this year -, the city sees its strategy for attracting investment once again placed at the very top of Europe, underlining its sustainable results and its overall potential in the near future.
According to fDi Intelligence, Porto has shown itself to be an important hub for talent in the fields of science, technology, engineering, and mathematics, as well as an emerging centre for innovative digital business in Europe. In this year's edition, the city's investment attraction strategy surpassed those of Antwerp (Belgium), Glasgow (Scotland), Leeds (United Kingdom), Dusseldorf (Germany), or Torino (Italy).
The Greater Porto delegation, with representatives from the neighbour municipalities of Porto, Gaia, and Matosinhos, will be attending this year's edition of MIPIM in Cannes until the 14th of March, joining a total of more than 20,000 participants that include investors, developers, and market agents from over 100 countries.
The joint participation of the three municipalities, together with dozens of local companies, once again aims to promote the region by showcasing its main strengths in one of Europe's biggest stages. The municipalities will seek to target international investors and companies that can generate new job and investment opportunities in the region.
