Mississauga Returns as Top International Mid-Sized City of the Future and Recognized for Strong Economic Performance
PR90187
MISSISSAUGA, ON, June 19, 2021 /PRNewswire=KYODO JBN/ --
The City of Mississauga (
) has received five awards from Foreign Direct Investment (fDi) Magazine (
), highlighted by its return as the overall winner for mid-sized City of the
Future 2021/2022 in all of the Americas for strong economic performance. The
criteria for the award looks at the infrastructure, incentives and capabilities
of cities and regions for attracting future inward investment.
"It's an absolute honour to once again hold on to our ranking of top Mid-Sized
American City of the Future – it's simply a testament to Mississauga's
prosperous and sustainable economy. We celebrate this recognition together with
our dynamic and resilient business community, our supportive City Council and
our dedicated Economic Development staff. The City of Mississauga continues to
make it a priority to attract great talent and key knowledge-based companies
that contribute to enhancing our global profile," said Mississauga Mayor Bonnie
Crombie. "Being innovative and welcoming to businesses reinforces our
reputation as a destination where companies choose to invest, create jobs and
remain ahead of the competition. Our office will continue to facilitate
economic development and business expansion to Mississauga for a healthy and
prosperous economy."
Mississauga received recognition in the following categories as a mid-sized
City:
-- First in Cities of the Future
-- Second in Business Friendliness
-- Second in Economic Potential
-- Third in Connectivity
Mississauga was chosen second in
-- Overall fDi Strategy by fDi's judging panel (
)
"Mississauga is an open and diverse city with the assets businesses need to
locate, grow and succeed. We are part of one of the world's fastest growing
major city economies that has a highly skilled and extremely diverse talent
pool, with strong connections to global markets and opportunities," said Harold
Dremin, Director of Economic Development. "We are humbled and encouraged by
this international recognition to continue on our path helping businesses
locate, grow and prosper and we look forward to an even brighter future."
Mississauga's vibrant and diverse business community is made up of over 98,000
businesses, 1,400 multinational firms and 75 Fortune 500 companies. Mississauga
is one of the largest business centres in Canada, comprised of many prominent
knowledge-based industries in Canada. These sectors include: Advanced
Manufacturing, Financial Services, Information and Communications Technology,
Life Sciences, Smart Logistics and more. Visit the Economic Development Office
website (
) to learn more.
Background
fDi Cities of the Future shortlists are created using specialist online tools
across cities throughout North and South America. Cities are scored up to a
maximum of 10 points under each individual criteria which are weighted by
importance to give the overall scores. The ranking system is focused on a
mixture of data and expert opinions to rank cities that have the best prospects
for inward investment, economic development and business expansion. fDi is the
world's premier publication for the business of globalization. Visit
fdiintelligence.com (
).
Media Contact: Catherine Monast, Senior Advisor Media and Public Information,
City of Mississauga, 905-615-3200, ext. 5046, catherine.monast@mississauga.ca,
TTY: 905-896-5151
SOURCE City of Mississauga
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