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Brampton ranked top in Foreign Direct Investment Strategy

Posted in Canada

Published on April 13, 2015 with No Comments

Brampton has emerged as a winner in the Top 10 Mid-Sized American Cities of the Future 2015/16 as ranked by fDi Intelligence, a division of the Financial Times (UK).
Brampton came in at the top of its category for FDI (Foreign Direct Investment) Strategy. It also placed in the Top 10 for Business Friendliness and Connectivity. The winners were announced today (April 13) in fDi Magazine.
“Brampton has been hard at work establishing our city in the global economic community as a place for business and investment,” says Mayor Linda Jeffrey. “With a young, diverse, educated workforce we are building a city that offers an excellent quality of life and a livable, vibrant community. I am proud of our city and what we have to offer the world and I am proud of this recognition.”
Economic Development Committee Chair and City Councillor, Jeff Bowman, adds, “We’re ready to support businesses that want to innovate, collaborate, find suppliers and strategic partners and, ultimately, to find new customers to invest in Brampton.”
This isn’t the first time Brampton has been recognized by fDi Intelligence. For the 2013/14 rankings, Brampton was second in the Business Friendly City category and eighth in the Infrastructure (Americas) and City of the Future in the Americas (North, South, Central) categories. In 2011/12, Brampton was in the top ten in the Best Infrastructure, Large City category.
These awards recognize Brampton not only as a leader in the global marketplace, but also as a great place to invest. The Economic Development Office is focused on generating awareness for Brampton as a competitive location for new business investment, a strategy fundamental to the City’s Economic Development Plan.
To create the shortlist for the American Cities of the Future 2015/16, fDi’s research team collected data from submissions and by using specialist online tools such as fDi Benchmark and fDi Markets, as well as other sources. Data was collected from more than 400 cities under six categories: Economic Potential, Cost Effectiveness, Connectivity, Human Capital and Lifestyle, Business Friendliness, and FDI Strategy. Cities scored up to a maximum of 10 points under each data point, which was weighted by importance through the FDI decision-making process in order to compile both the subcategory rankings as well as the overall American Cities ranking.
About Brampton: The ninth-largest city in Canada, Brampton celebrates a diverse population that represents people from 209 distinct ethnic backgrounds who speak 89 different languages. Brampton residents and visitors have access to state-of-the-art recreation facilities and one of the fastest-growing transit systems in Canada. Opened in 2007, Brampton Civic Hospital is part of the William Osler Health System, which is one of the largest community hospitals in Canada. For more information, visit www.brampton.ca or follow @CityBrampton on Twitter.

 

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