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Press Release
Site Selection Names Global Best to Invest Locations, Awards Prosperity Cup and Mac Awards
for Excellence in Economic Development
Atlanta, May 2, 2022:
Site Selection magazine has released its annual rankings of Global Best to Invest locations, which will appear in the
68-year-old publication’s May 2022 issue. The rankings employ a robust index of business
indicators including Site Selection’s own project data as well as data from UNCTAD, the World
Economic Forum, Kearney, Startup Genome, the World Bank, OECD and Milken Institute to recognize
the nations and metro areas with the most economic momentum and promise across several world
regions.
The United States, United Kingdom, Canada, Germany and Ireland led the way on a global basis,
with Ireland coming in No. 2 on a per capita basis. Among regional winners at the country level
were UAE, Israel and Saudi Arabia in the Africa & Middle East Region; Australia, Singapore and
China in the Asia Pacific Region; Lithuania, Hungary and Poland in the Eastern European and
Central Asia Region; and Mexico, Brazil and Chile in the Latin America & Caribbean Region.
Dubai, Barcelona and Frankfurt finished as the top three performing metros globally.
“The 14th annual Global Best to Invest rankings showcase the top countries and metro areas in
terms of their outlook for corporate investment,” says Adam Bruns, Managing Editor of Site
Selection. “This year’s edition is based on an updated index modified from past years in order
to infuse the rankings with relevant sources of fresh data.”
In other rankings in the issue, North Carolina has won the Prosperity Cup, which is awarded to the most competitive
state based on an index of 10 criteria, including project, capex and job creation data from Site
Selection and data from the Tax Foundation, ACT and Beacon Hill Institute. North Carolina also
won last year’s Prosperity Cup ranking. Texas was No. 2 in the Prosperity Cup rankings, followed
by Tennessee. Rounding out the top 10 were Georgia, Indiana, Kentucky, Ohio, South Carolina,
Michigan and Virginia.
The Mac Conway Awards for Excellence in Economic Development,
named in honor of Site Selection founding publisher H. McKinley “Mac” Conway, are awarded to the
top 20 local and regional U.S. economic development groups based on an index of corporate job
creation and facility-related capital investment data calculated both cumulatively and per
capita.
“The Mac Conway Awards honor those local and regional agencies that excelled in attracting
capital investment to their areas in 2021,” says Mark Arend, Editor in Chief of Site Selection.
“While that investment is significant, the awards more specifically recognize the jobs created
by new and expanding projects and the local economic benefit that follows.”
Also featured in the May 2022 issue: Top Deals of the Year; the Charlotte Intelligence Report;
the Costa Rica Investment Report; industry reports on life sciences and the North American
automotive sector; and spotlights on Asia, Latin America and the Caribbean, Quebec, Florida,
Kentucky, Arizona, Iowa and Ohio, among other coverage.
Site Selection magazine, published by Conway Data Inc., delivers expansion planning information
to over 40,000 executives of fast-growing firms. The senior publication in the development
field, Site Selection is also available via Site Selection Online.
Global Best to Invest
Rankings
GLOBAL BEST TO INVEST: TOP 10 COUNTRIES —
GLOBAL
1.
United States
SelectUSA
2.
United Kingdom
UK Department of International Trade
3.
Canada
Invest in Canada
4.
Germany
Germany Trade & Invest
5.
Ireland
IDA Ireland
6
Australia
Australian Trade and Investment Commission
T7.
Sweden
Business Sweden
T7.
Netherlands
Netherlands Foreign Investment Agency
9
Singapore
Singapore Economic Development Board
10
Switzerland
Invest in Switzerland
GLOBAL BEST TO INVEST: TOP 10 COUNTRIES PER
CAPITA — GLOBAL
1.
United States
SelectUSA
2.
Ireland
IDA Ireland
3.
Singapore
Singapore Economic Development Board
4.
Canada
Invest in Canada
5.
Switzerland
Invest in Switzerland
T6.
United Kingdom
UK Department of International Trade
T6.
Sweden
Business Sweden
8.
Denmark
Ministry of Foreign Affairs of Denmark
9.
Netherlands
Netherlands Foreign Investment Agency
10.
Australia
Australian Trade and Investment Commission
PROSPERITY CUP RANKINGS
2022
2021
State
1
1
North Carolina
2
3
Texas
3
9
Tennessee
T4
2
Georgia
T4
5
Indiana
6
5
Kentucky
7
4
Ohio
8
7
South Carolina
9
10
Michigan
10
11
Virginia
Mac Conway Awards
Opportunity Austin
Charleston Regional Development Alliance
Savannah Economic Development Authority
Forward Sioux Falls
Southwest Louisiana Economic Development Alliance
Nashville Chamber of Commerce’
Indy Chamber
Bowling Green Area Chamber of Commerce
Greater Phoenix Economic Council
Research Triangle Regional Partnership
Baton Rouge Area Chamber
Greater Scranton Chamber of Commerce
Greater Richmond Partnership
Elizabethtown Hardin County Industrial Foundation
OneSpartanburg Inc./Upstate Alliance
Louisville Forward/Greater Louisville Inc.
Invest Atlanta/Metro Atlanta Chamber
REDI Cincinnati/Northern Kentucky TRI-ED
One Columbus
Greenville Area Development Corporation/Upstate Alliance
Global corporate expansion experts Conway Data Inc., publisher of Site Selection magazine,
state economic development guides under its Custom Content Publishing Division, and a family
of online industry newsletters, has been a trusted advisor to corporations, government
economic development and investment promotion agencies around the world since 1954. Conway
Data owns and manages Conway Data Events, organizer of the World Forum for FDI and FDI
training seminars. Conway Data also manages the Atlanta-based Industrial Asset Management
Council, a professional association of 600-plus corporate real estate executives, economic
developers and commercial real estate service providers.
(Note: All circulation information is publisher’s own data unless otherwise specified).
