Cork hailed the ‘second best small city in Europe’ for economic potential
That’s according to the Financial Times.
The influential newspaper released its FDI European Cities and Regions of Future 2020/2021 league today, hailing Cork as one of the most attractive locations in Europe for inward investment.
The publisher ranked Cork’s economic potential higher than Cambridge in the UK, Basel in Switzerland, Eindhoven in the Netherlands and Geneva in Switzerland.
The Rebel County also made it into the top 10 ‘ Small European Cities of the Future’, coming in at number six ahead of Luxembourg and Eindhoven in the Netherlands and joining the likes of Reyjavik in Iceland, Kaunas in Lithuania and Debrecen in Hungary.
‘Unprecedented economic development’
“We can see it all around us.” said Lord Mayor of Cork Cllr John Sheehan.
“Cork is going through a period of unprecedented economic development and investment with up to €1 billion of office, hotel and apartment developments underway.
“Cork city is the European base of global leaders like Apple and home to life sciences and ICT clusters and this confidence in our future is clear in the sustained growth evident at Cork airport and with the large numbers of people from overseas choosing Cork as a place to live and work ”.
Up to 505 locations were judged in total including 319 cities and 148 regions.