Cities of Opportunities

by Lucas Migray – our brand new columnist!

In a rapidly developing world, cities need to reinvent and modernise themselves in order to remain relevant and attract qualified staff. According to the “law of globalisation”, only innovative cities have a future. At the so-called “war of talents”, cities fight for talented people. Therefore cities invest more and more in infrastructure, networking, innovation, education and leisure.

The “Cities of Opportunity” ranking is published by the firm Movinga after intensive analysis. Are you curious about the result? German (and European) cities are doing pretty well. Seven out of 10 cities are located in Europe!

Top ten – The best cities to work in the world:

1. Boston (United States)

2 Munich (Germany)

3 Calgary (Canada)

4 Hamburg (Germany)

5 Stuttgart (Germany)

6 London (Great Britain)

7 Singapore (Singapore)

8 Oslo (Norway)

9 Frankfurt (Germany)

10 Edinburgh (United Kingdom)

Let’s take a closer look at Munich.

http://<a title=”Thomas Wolf, www.foto-tw.de / CC BY-SA 3.0 DE (https://creativecommons.org/licenses/by-sa/3.0/de/deed.en)” href=”https://commons.wikimedia.org/wiki/File:Stadtbild_M%C3%BCnchen.jpg”><img width=”512″ alt=”Stadtbild München” src=”https://upload.wikimedia.org/wikipedia/commons/thumb/d/d3/Stadtbild_M%C3%BCnchen.jpg/512px-Stadtbild_M%C3%BCnchen.jpg”></a>

The Bavarian capital is currently experiencing strong economic and population growth. The city is strong when it comes to biotech and IT. This is where Allianz, Siemens, is located, Infineon and BMW – four DAX companies. Therefore, expenditure on innovation and networking is particularly high.

The British Guardian has therefore already christened the Bavarian capital “Europe’s Silicon Valley” – nowhere is the rate of technology patents per inhabitant higher than here.

However, this growth places high demands on the city’s land management. The Werksviertel near Munich’s Ostbahnhof station is a current example of this.

According to local media, around 1.5 billion euros will be invested in the conversion of the plant quarter and after completion, around 3,000 inhabitants will use the plant district as a House.

A number of remarkable office developments are also part of the project and could attract more than 12,500 employees to Munich. The mixed-use quarter offers shopping facilities as well as leisure, sports and Cultural facilities, including cinemas and a new concert hall.

Especially for engineers (think of BMW, Siemens and Co.), managers and consultants Munich is attractive, the lively start-up scene, large media groups, the strong But the science location and the booming tourism also offer a lot more in other areas great odds.

By the way, the Bavarian state capital has been leading all rankings for years in terms of quality of life and the Munich metropolitan area is known to be one of the strongest Germany’s economic engine.

Sources and reading recommendations:

Europas innovativste Städte: Berlin und München in Top 10

https://www.boerse-online.de/nachrichten/meinungen/nur-innovative-staedte-haben-zukunft-1028330617

https://www.immobilienmanager.de/das-sind-die-zukunftsfaehigsten-staedte-in-europa/150/61463/

https://www.jobteaser.com/en/advices/152-die-5-besten-deutschen-staedte-fuer-euren-karrierestart

https://www.finanzen100.de/finanznachrichten/wirtschaft/deutschland-dreimal-dabei-das-sind-die-19-high-tech-staedte-der-welt_H346652620_297535/

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