Glasgow's inward investment strategy has propelled the city to
the top of the prestigious annual 'European Cities and Regions of
the Future 2014/2015' ranking, run by fDi Magazine, part of the
Financial Times group.
An in-depth, independent analysis conducted by the magazine
concluded that Glasgow topped the list of Large European Cities for
its Foreign Direct Investment strategy.
Bailie Liz Cameron, Executive Member for Jobs and the Economy at
Glasgow City Council, said: "It is very pleasing for the city to
receive such recognition, a sign that all of the work done by the
council and our partners over the past decade or so has transformed
Glasgow's economy. Our new Invest Glasgow Team working
alongside city partners such as Scottish Enterprise and Scottish
Development International have assisted with driving
investment.
"The extremely strong showing by Glasgow in the Foreign Direct
Investment Category is especially welcome as it underlines the
confidence that investors have in our future.
"Few could have imagined back in the 1970s that Glasgow would
have one of the biggest financial centres in Europe, and an
International Financial Services District, bringing more than
15,500 well-paid jobs and over £1billion of outside investment to
the city".