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INSIDECOSTARICA.COM
| COSTA RICA
NEWS |
Tuesday 05 July 2011 |
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San
José,
Costa
Rica,
In
"Top
Five"
Latin
American
Cities
Of
The
Future
In
the
first
ever
fDi
ranking
of
cities
across
the
American
continents
“FDI
Intelligence”
selected
San
José
(Costa
Rica)
as
one
of
the
"top
five"
Latin
American
cities
for
the
future
for
foreign
investors
thanks
to
its
competitive
conditions
to
encourage
the
establishment
and
growth
of
business.
Santiago
(Chile)
was
crowned
fDi
Magazine's
first
‘Latin
American
City
of
the
Future’.
According
to
the
fDi
Markets
database,
which
tracks
crossborder
greenfield
investment,
Santiago
has
attracted
84
FDI
projects
since
2003,
with
almost
a
fifth
of
these
projects
involving
a
capital
investment
of
more
than
$100m.
Lima
(Peru),
Monterrey
(Mexico),
Bogotá
(Colombia)
and
San
José
(Costa
Rica)
completed
the
top
five
Latin
American
Cities
of
the
Future.
Mexican
cities
made
up
four
of
the
top
10
cities
in
the
Latin
America
category,
while
the
Colombian
cities
of
Bogotá
and
Barranquilla
also
featured,
ranking
fourth
and
eighth,
respectively.
In
the
first
ever
fDi
ranking
of
cities
across
the
American
continents,
New
York
has
been
crowned
the
leading
American
'City
of
the
Future'
for
2011/12.
The
city
also
claimed
top
position
in
the
sub-category
‘North
American
City
of
the
Future’
for
the
second
year
running,
with
Chilean
capital
Santiago
being
awarded
the
‘Latin
American
City
of
the
Future’.
Cities
based
in
the
US
and
Canada
dominated
the
overall
American
Cities
of
the
Future
rankings,
with
New
York,
Chicago
and
Houston
claiming
the
top
three
positions.
The
new
ranking
combined
fDi’
s
existing
North
American
Cities
of
the
Future
ranking
with
a
new
Latin
America
ranking.
fDi
Cities
of
the
Future
shortlists
are
created
by
in
independent
collection
of
data
by
fDi
Intelligence
division
across
405
cities
across
North
and
South
America.
This
information
was
set
under
six
categories:
Economic
Potential,
Human
Resources,
Cost
Effectiveness,
Quality
of
Life,
Infrastructure
and
Business
Friendliness.
A
seventh
category
was
added
to
the
scoring
–
FDI
promotion
strategy.
In
this
category,
100
cities
submitted
details
about
their
promotion
strategy
and
this
was
judged
and
scored
by
our
independent
judging
panel.
Cities
scored
up
to a
maximum
of
10
points
under
each
individual
criteria
which
were
weighted
by
importance
to
give
the
overall
scores.
The
fDi
Intelligence
division
compiled
the
majority
of
the
data
for
the
American
Cities
of
the
Future
ranking
with
the
exception
of
the
FDI
promotion
strategy.
According
to
Costa
Rica's
Ministry
of
Foreign
Trade
(COMEX)
in
2010
Costa
Rica
attracted
us$1.45
billion
in
FDI
exceeding
the
target
by
12%
(su$150
million).
In
2011,
Costa
Rica
expects
to
attract
around
us$1.85
billion.
For
this
category
information
was
submitted
by
individual
cities
and
scored
by
our
independent
judging
panel.
The
top
ten
Latin
America
cities
by
fDi:
1.
Santiago
de
Chile,
Chile
2.
Lima,
Peru
3.
Monterrey,
Mexico
4.
Bogotá,
Colombia
5.
San
José,
Costa
Rica
6.
Guadalajara,
Mexico
7.
Querétaro,
Mexico
8.
Barranquilla,
Colombia
9.
Hermosillo,
Mexico
10.
São
Paulo,
Brazil
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Costa Rica's Daily English News
Source
Apdo. 2133-1000, San José, Costa
Rica
Tel: (506) 2231 3205 / (506) 8399
9642
Fax: (506) 2232 6337
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