Fresh momentum for Hamburg’s Smart City strategy

Hamburg scores third place in global ranking of Financial Times

Fresh momentum for Hamburg’s Smart City strategy

London, 29 April 2019 – When it comes to developing its Smart City strategy, Hamburg is set in excellent stead for the future. This is the result of the Smart Locations of the Future ranking of the Financial Times Group’s fDi Magazine, a specialist publication on foreign direct investment. In the FDI Strategy category, Hamburg took third place, just after Vilnius (2nd) and Dublin (1st). In last year’s ranking, Hamburg came in ninth.

Most recently, Hamburg was ranked fourth 4th in the European Cities category of the 2018/2019 European Cities Regions of the Future ranking, was listed in the top ten of the Digital Economy of the Future ranking of October 2018 and came in third worldwide in the Return on Investment category in a ranking of February 2019. What is more, in the EU’s European Capital of Innovation Award of November 2018, Hamburg made it all the way to the finals as one of the six best-performing cities in Europe.

Hamburg’s Minister for the Economy, Michael Westhagemann, is delighted with this acknowledgement by the renowned publication, stating: "Hamburg is on course for a successful future. The city recognised the opportunities entailed in digitisation at an early stage and has kept a firm focus on facillitating cooperation between industry and science. Hamburg offers ideal framework conditions for innovative companies and startups." Dr Rolf Strittmatter, managing director of Hamburg Invest, adds: "In the international business community, Hamburg was long perceived as being mainly a port and trading hub. Yet Hamburg has always been much more than that. The most recent rankings confirm that Hamburg is an innovative and smart location. This will help us strengthen the city’s knowledge-based economy by attracting international technology companies to the region."

An English abstract of the Smart Cities study is available upon request. To receive your digital copy, please contact andreas.koepke@hamburg-invest.com