FDI Intelligence is a bi-monthly magazine, it’s an offshoot of the same company that publishes the Financial Times newspaper. They ranked regional cities according to how well-prepared they are for the future and named this FDI’s Intelligence inaugural rankings.
According to these regional rankings, Singapore is best prepared for the future. The top three winners also include Shanghai and Seoul. Singapore was also the top future city in these rankings last year.
FDI has seven ranking categories and Singapore was in the top 10 for six of the seven rankings. They beat 140 other regional cities with their world-class infrastructure and prescient foreign direct investment strategy. They were number two for economic potential and number three for business friendliness.
Unfortunately for them, they were only number five for human resources and number nine for the quality of life they offer to their citizens. And they didn’t come up in the top ten of the most cost-effective countries. These include Phnom Penh, Cambodia and Hao Phong and Da Nang in Vietnam.
Lee Yi, Minister of State for National Development and Trade and Industry of Singapore, accepted the award at a lunch of the first day of this year’s World Cities Summit at the Marina Bay Convention Centre.
Global Smart City 