At the international real estate and investment forum MIPIM, held in Cannes, France, Riga received two prestigious awards from the annual Financial Times study European Cities and Regions of the Future 2025, recognizing it as one of the top investment destinations in Europe.
“The success of Riga in this international ranking confirms that we are on the right path in making our city an increasingly attractive investment destination. Receiving Financial Times awards for three consecutive years is an honour and proof that Riga can provide a stable and appealing environment for long-term investments. We will continue to develop the investment climate by ensuring a competitive business environment, a highly skilled workforce, and modern infrastructure,”
emphasized Riga City Council Chairman Vilnis Ķirsis.
fDi Intelligence, the leading source of foreign direct investment information, has published its annual study European Cities and Regions of the Future 2025, in which Riga was recognized as one of the leading investment destinations in Europe and one of the top ten mid-sized European cities with an outstanding foreign investment attraction strategy. This recognition highlights the city’s determined efforts to attract and support foreign investors. In the ranking, Riga received two prestigious awards:
- Top 10 Mid-Sized European Cities in the “Human Capital and Lifestyle” Category
- Top 10 Mid-Sized European Cities in the “Foreign Direct Investment Strategy” Category
At the world-leading real estate forum MIPIM, from March 11 to March 14, Riga’s municipality is participating again with its exhibition stand. To promote the capital’s development, a delegation of municipal representatives and business leaders, led by Riga Mayor Vilnis Ķirsis, has travelled to the forum.
“These awards prove that Riga is a dynamic and attractive investment centre and a reliable partner for long-term investors. Our strategic approach to investment attraction has delivered results, and this international recognition strengthens Riga’s position as one of the region’s leading investment destinations,”
stated Director of Riga Investment and Tourism Agency Fredis Bikovs.
About fDi Intelligence
fDi Intelligence is the leading source of foreign direct investment (FDI) information, offering in-depth analysis and insights on global investment trends. Every year, it publishes the European Cities and Regions of the Future ranking, evaluating the attractiveness of European cities and regions for investments based on various criteria, including economic potential, human capital, quality of life, and infrastructure.
About MIPIM
MIPIM is the world’s leading real estate forum, providing unique access to global capital and specialized solutions. The event features face-to-face discussions, seminars, and panel discussions that offer insights into global trends, create networking opportunities, and promote business and professional growth. In 2024, the forum attracted over 20,000 delegates managing approximately €4 trillion in assets from 90 countries.
Riga’s municipality enhances its visibility as an open and stable investment destination with its exhibition stand at the forum. It provides a platform for Riga and its partners to showcase their potential. The goal is to promote Latvia, its capital city, and its businesses as attractive investment destinations while attracting investments for specific development projects, thereby stimulating economic activity in Riga and Latvia.