Foreign Direct Investment Strategy Recognized

HAMBURG, Germany, March 16, 2010 /PRNewswire/ -- Hamburg's strategy to attract investors is the best in Europe, according to the biennial "European Cities and Regions of the Future Ranking" carried out by London-based Foreign Direct Investment Magazine (fDi). It is an appreciation of Hamburg's decision to occupy a consistent position in its FDI strategy as the one location in Europe where economic growth and environmental protection go together best. The award was conferred today on the occasion of the world's leading commercial real estate show, MIPIM, in Cannes.

"What marked out Hamburg's entry for Best FDI Strategy for special notice was the clear-eyed vision and the tangible plans the city appears to have for attracting investment, encouraging economic-development, assisting investors and promoting its key-sectors such as renewable-energy," Courtney Fingar, fDi Magazine Editor, describes the jury's decision (http://www.fdimagazine.com).

Hamburg's First Mayor, Ole von Beust, notes: "As one of the largest ports of the world, Hamburg is no unspoilt paradise. But we always want to show that economic development and environmental protection go together well. We accept the environmental challenges of the 21st century and respond to them with dedicated action. The good rating in the 'European Cities and Regions of the Future' ranking encourages us to pursue this path further."

Hamburg is showcased in Cannes as the European Green Capital 2011. Real estate firms, institutions, investors and project developers demonstrate that in Hamburg, growth and environmentalism are not in opposition to each other. More than 600 companies active in the renewable-energy-sector have already located in the Hamburg metropolitan region. Wind power is the main focus, with virtually all of the world's renowned companies in the field either present or planning to engage here in the near term. The solar-energy-industry, too, is well positioned, as evidenced by the distribution centres of the leading providers being based in Hamburg. The renewable- energy-industry represents the vanguard of the 21st century - no other sector has comparable growth-rates - gaining force around the world, and particularly in Hamburg.

    Contact:
    Hamburg Marketing GmbH
    Guido Neumann
    Tel: +49-40-411110-617
    guido.neumann@marketing.hamburg.de
    http://www.mediarelations.hamburg.de

SOURCE Hamburg Marketing GmbH

Back to top