Middlesbrough Ranks 3rd On the Influential List of Areas to Invest

It was recently announced in the Financial Times' European Cities and Regions of the Future report, that ranked Middlesbrough 3^rd in investment hotspots. This report was created to focus on small cities in Europe that have the best long-term investment potential. Middlesbrough’s 3^rd ranking was a joint ranking alongside Bulgaria's city Plovdiv.

The rankings are decided by comparing potential areas of foreign direct investment (FDI) and data analysis. The data that is used to calculate the ranks of these cities are economic potential, work and lifestyle, cost-effectiveness, connectivity, and business friendliness. Furthermore, there was also a submission from Middlesbrough Council on its FDI strategy.

This ranking shows how Middlesbrough is a great location for a long-term investment, for both people in the area and throughout Europe. The Mayor of Middlesbrough, Andy Presto n stated:

"Despite the challenges of the past two years we're cracking on and repositioning Middlesbrough as a regional hub for jobs, living, and leisure. We’re building new homes and schools and attracting new businesses to the heart of our town. Within months the first new leisure developments in Captain Cook Square will open. Middlesbrough is making huge leaps forward in terms of investment, construction, and, most importantly, jobs.”

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