The fDi Magazine has published the Asian Cities of the Future 2009/10 list. Singapore tops the rankings followed by Tokyo and Shanghai.
The selection methodology:
“fDi Cities of the Future shortlists are created by the independent collection of data by fDi Benchmark across 133 Asia-Pacific cities. This information was set under six categories: economic potential, human resources, cost effectiveness, quality of life, infrastructure and business friendliness. A seventh category was added – FDI promotion strategy. In this category, 24 Asia-Pacific cities submitted details about their promotion strategies and this was assessed and scored by the independent judging panel.
Cities could score up to a maximum of 10 points for each individual criteria, which were weighted by importance to give the overall scores. Where data was available only at a national rather than city level, a lower weighting was generally applied.”
Hong Kong came in at 4th and Seoul was ranked the 5th. In addition to Shanghai the two other Chinese cities included in this list are Guangzhou and Beijing.
