Feb. 23, 2022

Porto and Braga in the ranking of cities that stand out in attracting investment

The two cities from the North of the country stood out in the category dedicated to foreign investment attraction strategy.

Porto and Braga in the ranking of cities that stand out in attracting investment

Porto and Braga appear this year in the ranking "European Cities and Regions of the Future - The best and the brightest among Europe investments destination", in 3rd and 5th place among medium-sized cities, in the category dedicated to the strategy for attracting foreign investment, respectively.

This report is published by the Financial Times, and highlights Porto in the ranking of medium-sized European cities for its attraction of foreign investment. It is considered a 21st century global and business hub, and is the first best small city to live in the world, according to Monocle 2021 forecasts. It has been experiencing growth in foreign direct investment and is in the top 95 cities worldwide that lead in terms of climate action measures, according to Executive Digest.

Ahead of Porto were only Vilnius, in Lithuania, in 1st place, and Belfast, in the UK, in 2nd place.

For the second time, Braga is highlighted as one of the cities of reference in the country and in the European Union, the city of the Archbishops or the "Portuguese Rome", for having reinvented itself while maintaining its historical environment. It also highlights the fact that the city has been affirming itself as a technological and business hub in recent years.