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22 Dec 2015
Wellington has been ranked one of the Asia-Pacific Small Cities of the Future by fDi Intelligence.
The fDi Asia-Pacific Cities of the Future 2015/16 lists Wellington second overall for cities with a population of less than 2.5 million, with Kuala Lumpur, Malaysia, claiming the number one position.
Cities are judged based on five categories: Economic Potential, Business Friendliness, Human Capital and Lifestyle, Cost Effectiveness and Connectivity. Scoring high in the Overall ranking shows that Wellington has a highly competitive balance of these components, relative to other small cities.
The ranking uses data from fDi Intelligence, a division of the Financial Times Ltd and a global authority on foreign direct investment (FDI) activity and policy. This year, 163 cities in the Asia-Pacific region were covered.
Wellington Regional Economic Development Agencychief executive Chris Whelan said scoring high in the overall ranking shows that Wellington had a highly competitive balance of the components, relative to other small cities.
The ranking confirms the economic potential of Wellington, he said.
It was an excellent result that signalled Wellington as an attractive proposition for investors in the Asia-Pacific region.
"The ranking recognises the quality of Wellington's work-life balance, and highlights how well positioned we are to become the most prosperous, liveable and vibrant region in Australasia."