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Porto City Hall is a top fDi performer, according to fDi Intelligence Strategy Awards 2018
01 February 2019
Porto City Hall is a top fDi performer, according to fDi Intelligence Strategy Awards 2018

fDi Intelligence Strategy Awards 2018 ranked Câmara Municipal do Porto (Porto City Hall) as a top fDi performer both in the "Incentives" and "Project Wins" category, the latter regarding the Vestas Wind investment in the city of Porto.

Winners were announced last December and Porto City Hall was granted highlight at the level of Foreign Direct Investment, which spotlights Porto as an important destination for investors.

The Foreign Direct Investment Awards "bring together and celebrate the achievements of the broad community and ecosystem of players in the business of foreign direct investment", as stated by the organisation.

Porto City Hall has established a team to create a strategy to increase the level of Foreign Direct Investment occurring in the city; as such, InvestPorto was created to study key requirements, namely economic potential and business friendliness related to Porto's economic development.

The results show that the municipal policies aimed at ensuring access to local markets are very important to foreign investors.

fDi Intelligence is a service from the Financial Times, and it is the largest FDI centre of excellence globally. fDi Magazine, firmly established as the world's premier publication for the business of globalisation, is published on a bi-monthly basis with an ABC-certified. Highly targeted circulation of 15,488, fDi Magazine provides corporate decision-makers and crossborder investment professionals with an up-to-date image of the ever-changing global investment map.

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