Oct 30, 2013
Today Council received five awards from the Foreign Direct Investment (fDi) Magazine’s American Cities of the Future for 2013/2014. The City of Mississauga won overall mid-sized City of the Future against 79 other cities in the mid-size category.
"Our performance ranking will attract inward investment in Mississauga and it will facilitate economic development and business expansion,” said Susan Amring, director, Economic Development. “The Economic Development office will continue to build Mississauga's international profile as a sound business decision and return on investment."
The City of Mississauga also ranked first for business friendliness, second for economic potential, fourth for Foreign Direct Investment strategy and fourth for infrastructure.
fDi Magazine's Cities of the Future shortlists are created by an independent collection of data by fDi intelligence division across 422 cities across North and South America. Cities scored up to a maximum of 10 points under each individual criteria which were weighted by importance to give the overall scores. The ranking system focused on a mixture of data and expert opinions to rank cities that have the best prospects for inward investment, economic development and business expansion.
About fDi Magazine
fDi Magazine is the world's premier publication for the business of globalization. Published on a bimonthly basis, with a circulation of 15,000, fDi provides corporate decision-makers with an up-to-date image of the ever-changing global investment map. For more information, visit www.fdiintelligence.com/Info/About-Us.
Twittercue: Mississauga named City of the Future by fDi Magazine, beating out 79 other cities fdiintelligence.com/Info/About-Us
American Cities of the Future 2013/14 winners
As Canada's sixth largest city, Mississauga is home to 741,000 residents and more than 54,000 businesses, including more than 60 Fortune 500 companies with Canadian head offices or major divisional head offices. A diverse, progressive and award-winning municipality located on the shores of Lake Ontario in the heart of the Greater Toronto Area, Mississauga is "Leading Today for Tomorrow" by focusing on delivering services, implementing its Strategic Plan, delivering value for money and maintaining infrastructure.
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