Limerick City was recently announced as ‘European City of the Future’ in its population category as well as a list of the Top 10 Northern European Cities, which also features London, Copenhagen, Helsinki, Dublin and Stockholm.
The event in Cannes, France, celebrated the success of cities and regions, including Limerick City, to feature in fDi Magazine’s European Cities & Regions of the Future 2016/17 ranking.
For more than a decade, fDi Magazine’s biennial league tables of the most attractive locations in Europe have become a key benchmark of FDI competitiveness across the region. They serve as a barometer of attractiveness for the many cities and regions, from Ireland to Russia and from Finland down to Greece that are proactively pitching themselves for inward investment.
Nominated by Limerick City and County Council, the Treaty City was the runner-up in population category for ‘Business Friendliness’, ‘Economic Potential’ and ‘FDI Strategy’.
Cllr Noel Gleeson, chair of the Council’s Economic Development, Enterprise and Planning SPC, said that the city’s strong performance in this award scheme sends a clear message to potential investors that business opportunities are being opened up in Limerick.
“Existing multinationals and large national companies are expanding and increasing their workforces and Limerick is becoming increasingly noted as an attractive destination for inward investment from global, tech, and other companies. Our growing international reputation will help consolidate this progress,” added Cllr Gleeson.
Limerick is investing over €1billion in enterprise and investment infrastructure, and is targeting the delivery of 12,000 as part of the Limerick 2030 Vision: An Economic and Spatial Plan for Limerick.