Porto receives Financial Times award at MIPIM

The Financial Times magazine (fDi Intelligence) placed Porto at the top of the European Cities and Regions of the Future for three consecutive years. In this edition, Porto came third on the 'Large European Cities' podium, led by Glasgow in Scotland and Antwerp in Belgium. The award was presented to the Councillor for the Economy, Employment and Entrepreneurship, Ricardo Valente, at MIPIM, which is taking place until Friday 15th in Cannes (France).

For fDi Intelligence, Porto's economic development strategy for attracting foreign direct investment remains solid. 'Being in the top 3 for the third consecutive year demonstrates the sustainability of the strategy and the city's competitive capacity', Ricardo Valente underlined, at the time, recalling that 'the work developed by InvestPorto is reflected in the 1.8 billion euros of investment and the more than 22,000 jobs created'.

'All in all, this award plays a crucial role in promoting the city and acknowledges the vision of a Porto with a future', said also the Councillor for the Economy, Employment and Entrepreneurship.

Attracting foreign investment at MIPIM

Behind Porto were European cities of a similar size such as Bilbao (Spain), Gothenburg (Sweden), Düsseldorf (Germany), Katowice (Poland), Rotterdam (Netherlands), Izmir (Turkey) and Poznán (Poland).

The award was presented at the 2024 edition of MIPIM, where 'Greater Porto', an organisation made up of the municipalities of Porto, Vila Nova de Gaia and Matosinhos, is committed to a high level presentation of the territories to international investors, to generate new opportunities for employment, investment, and attract international companies to the region. The three municipalities are accompanied by companies active in the sector and in their respective areas.

Showcases, conferences and live experiences are just a few of the many features of MIPIM, which is attended by around 90 countries, more than 300 stands, 22,500 representatives and more than 6,500 investors. 'All leaders in one place' is the motto of the event being held at the Palais des Festivals in Cannes.