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Contact: Mark Arend, Editor in Chief, Site Selection

(770) 325-3438
mark.arend@siteselection.com

6625 The Corners Parkway, Suite 200
Peachtree Corners, GA 30092 • USA
www.siteselection.com

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).

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