Dublin has ranked in second position in the latest edition of European Cities of the Future. The ranking is compiled by fDi Intelligence, using data compiled by the FT. It is based on a range of criteria including economic potential, human capital, costs, connectivity, business friendliness and FDI track record.
Dublin has won more financial services investments than either Frankfurt or Amsterdam over the past two years, according to the report. Given that these are considered major competitors for Brexit-related investment, this is to be welcomed from an Irish standpoint.
Dublin has overtaken Paris in the latest rankings and lies just behind London, which managed to hold on to top spot despite the impending issues associated with Brexit.
According to Goodbody Stockbrokers, "It is not overly surprising that Dublin has fared well in the latest FDI rankings given the constant news flow on new foreign operations over recent years. It is somewhat surprising that three other Irish regions (Limerick, Shannon and Cork) also fared in the top 25 in Europe. The Industrial Development Authority (IDA) has been instrumental in getting many of these projects across the line and deserves great credit in the success."