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Auckland ranks in top ten Asia-Pacific Cities of the future

19 December, 2011

Auckland ranks in top ten Asia-Pacific Cities of the future

fDi magazine’s Asia-Pacific Cities of the Future 2011/12 survey sees Auckland ranked sixth in the Business Friendliness category and rising from 10th to seventh place in the FDI Strategy category rankings.

“Auckland’s economy is growing faster than New Zealand’s national average, our population is getting bigger, younger and more cosmopolitan”, says Clyde Rogers, General Manager Business and Sector Development for Auckland Tourism, Events and Economic Development (ATEED).

Auckland’s strategy to attract foreign direct investment into the city is strongly reinforced by these ranking against other major Asia-Pacific cities. Currently more than 600 international companies are based in Auckland, a testament to the region’s attractiveness for foreign direct investment.

“Auckland’s ability to speak with one voice for the whole region has been a major factor in the two year result. Our vision for Auckland is driving New Zealand’s economic prosperity by leading the successful transformation of Auckland’s economy. It’s a vision for Auckland, but one with real significance for the whole country”, says Mr Rogers.

Today there are 1.4 million people living in Auckland, with population growth rates increasing by 10 per cent per annum. It is estimated that the population will reach two million in 2030. Consistent improvement of the region’s infrastructure means investing in Auckland’s future economic growth.

The foreign direct investment (FDI) futures survey is conducted across 141 Asia-Pacific cities every two years.

The full results of the survey can be found on http://www.fdiintelligence.com/Locations/Asia-Pacific/Asia-Pacific-Cities-of-the-Future-2011-12

ENDS

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