Vienna is one of the most beautiful cities of the world. Built on the banks of the river Danube, the city is renowned for its tradition, culture, empire, coffee houses, and classical music, but it is now a city with a thriving and innovative present as well as a remarkable history. On numerous occasions, including 2014, Vienna has been chosen as the city with the highest quality of life by respondents in the Mercer survey of managers and managers of international companies from 223 countries. This quality of life, as well as a cutting-edge business infrastructure, is why more than 200 international headquarters conduct their businesses from Vienna, which is the main hub between East and West in the heart of Europe.
Qatar now offers a wide range of incentives to attract foreign investment
A former pearl-fishing hub and once one of the poorest Gulf states, Qatar has become one of the wealthiest countries in the region thanks to the exploitation of large oil and gas fields in recent decades. Now, Qatar is investing its large revenues from oil and gas in other economic sectors in order to expand its economic base and develop a strong private sector. As a member of the World Trade Organization, Qatar has opened various sectors of the economy to foreign participation and has relaxed business regulations. Many promising sectors have emerged as Qatar maps out a future marked by progress, prosperity and sustainable growth.
Chile is Latin America’s most competitive economy and is attracting ever increasing foreign investment
Chile possesses the best economy in Latin America and one of the best among emerging economies worldwide. Its sustained economic growth and social progress have been highlighted by several international organisations and, in 2010, it became the first South American country to join the Organisation for Economic Co-operation and Development (OECD).
A survey has found that foreign investment in African economies is set to reach a record $80 billion in 2014 as business leaders in developed economies shrug off the recession and emerging markets continue to show a strong interest in African assets. The comprehensive survey was compiled by the African Development Bank (ADB), the United Nations Development Program and the OECD and launched in Kigali on Monday at the start of the ADB's annual meetings.
A 20-year surge in growth in Africa indicating that the world’s poorest continent is coming to terms with its challenges has raised the prospect of the African lion economies emulating the Asian tiger economies in the 21st century. Africa’s advantages include enormous untapped resources, a youthful population and an expanding middle-class. Of course, it should not be forgotten that there a still a few problems to be resolved, including poverty and inequality, Islamist militant violence and poor infrastructure.
Data assembled by the African Development Bank lends support to the theory that Africa is on the rise: Average life expectancy increased to 58 in 2011 from 37 in 1950, and primary school enrolment rose to 77% in 2011 from 52% in 1990. Last July, the International Monetary Fund estimated that sub-Saharan Africa’s economies will grow by 5.4% this year and 5.8% in 2015 compared to 1.7% and 3% in the US.
Vienna stands for tradition and centuries-old culture. For the fifth time in a row, employees of international companies from 223 countries worldwide have selected Vienna as the city with the highest quality of life. Vienna is safe and economically stable!
However, the city is much more than that. Vienna is Europe’s most innovative city. In global comparison it places before the San Francisco Bay area (including Silicon Valley). This metropolis on the banks of the Danube comes in third place in the European Smart City comparison. Vienna was furthermore voted the world’s best city for young people.
Vienna is the city of short distances and provides the best infrastructure. Independent of weather conditions, public transportation is on time. With its 74 million annual kilometers, at peak times public transportation is operated at 90 second intervals. In Vienna, fresh mountain spring water comes directly from the tap. Daily, 330 kilometers of water pipelines deliver crystal-clear water from the mountains directly to each one of the 1.7 million Viennese.
Situated right in the centre of Scandinavia, Gothenburg’s port is the largest and most important harbour in the entire region. When the European Commission announced in their recent report that the Swedish economy was experiencing the fastest growth in the Nordic region, it never really came as much surprise to those already familiar with Scandinavia’s top FDI destination. But Sweden is also one of Europe’s largest countries, so one of the big questions for many people has always been which destination stacks up best for investors?
Glasgow is a city bursting with life, energy, passion and personality. It’s one of the world’s great cities, offering residents, visitors and businesses an extraordinary quality of urban life. As host of the 2014 Commonwealth Games, it is Glasgow’s time to shine on the world stage and showcase its remarkable offer. As one of Europe’s top twenty financial centres, one of the most popular conference venues worldwide and one of the world’s top ten sporting cities, Glasgow has a lot to shout about. Recently announced as Winner in the Large European Cities Category for FDI Strategy by The Financial Times’ fDi Magazine, Glasgow can boast a number of accolades: voted number one UK destination “on the rise” by TripAdvisor; a UNESCO City of Music, home to the finest civic art collection in Europe, and second only to London’s West End for retail in the UK.
Ambassador Vinai Thummalapally is the Executive Director of SelectUSA. The United States is open for business, and the U.S. government is taking steps to make it easier for companies of all sizes to enter the market, succeed and create jobs. President Barack Obama recently announced the expansion of SelectUSA, the first U.S. government-wide program to promote and facilitate foreign direct investment (FDI). Please consider us to be at your service.
European companies have increased their overseas investments in the last 20 years, venturing further afield, outside EU borders with the EU27 stock of outward foreign direct investment (FDI) into non-EU countries reaching €3.3 trillion by 2008. EU investors accounted for 36% of global outflows in 2011 totaling USD 557 billion, clearly demonstrating Europe’s commitment to, and association with, investing abroad. According to a United Nations report, international FDI rose by 11% in 2013 to an estimated €1.06 trillion with the majority going to developing countries, highlighting, once again, the global trend towards business expansion abroad.