Mayor Rahm Emanuel and World Business Chicago (WBC) announced that, for the first time, Chicago leads all major cities in the Americas for Foreign Direct Investment (FDI) Strategy according to fDi Magazine’s The American Cities of the Future 2017/18. The bi-annual rankings feature the most promising inward investment locations in the Americas. Chicago’s global strategy centers on forging partnerships with Chicago’s international community, as well as key international constituents. Chicago is home to 80 consulates and honorary consulates, 100 international/ethnic chambers of commerce and international trade-based organizations, and more than 1,800 foreign-based companies representing over $100 billion in foreign direct investment. In particular, the City of Chicago and WBC have created strategic partnerships with governments around the world to drive economic growth. The fDi Magazine ranking follows another leading recognition in FDI – the 2016 IBM Global Location Trends report, which ranked Chicago number one in foreign direct investment for four consecutive years. Chicago was the only North American metro area ranked in the top 20 cities in the world. FDI Strategy is the only qualitative category of the American Cities of the Future rankings. The full rankings are:
1. Chicago Illinois US
2. New York New York US
3. Montreal Quebec Canada
4. Los Angeles California US
5. Miami Florida US
6. Bogotá Cundinamarca Colombia
7. Cali Valle del Cauca Colombia
8. São Paulo São Paulo Brazil
9. Medellín Antioquia Colombia
10. San Antonio Texas US