2008 Edition of the Attractiveness Indicators, a publication promoting the Montréal region's economy - Greater Montréal, one of the most attractive knowledge based regions



    Nearly half of the region's private investments come from foreign
    companies

    MONTREAL, June 16 /CNW Telbec/ - Montréal International released today
the 3rd edition of its publication, Attractiveness Indicators, which presents
Greater Montréal's advantages. Among the main location factors considered by
foreign investors, this research confirms the Montréal metropolitan area's
power of attraction compared to its leading North American rivals.
    According to the study, Greater Montréal's business climate is highly
favourable to foreign investment and ranks, among North America's major
metropolitan areas:

    
    - 1st for the number of university students per capita
    - 1st for the competitiveness of total business operating costs in the
      R&D sectors
    - 1st for the lowest homicide rate
    - 2nd for quality of life
    - 2nd for the number of international conventions
    - 3rd for high technology job growth
    - 4th for job growth
    - 4th for the concentration of high technology jobs

    Among Canada's major metropolitan areas, Greater Montréal ranks:

    - 1st for overall R&D performance of businesses and universities
    - 1st for the number of university enrollments and degrees awarded
    - 1st for the number of patents held
    - 1st for the bilingualism and trilingualism rate
    - 1st for venture capital investments
    - 1st for the average selling price and average monthly rent of a home
    

    "Among others, these exceptional rankings explain Greater Montréal's
success with foreign companies," declared Mr. André Gamache, President and
Chief Executive Officer of Montréal International. In 2007, foreign investment
accounted for 43% of all of Greater Montréal's non-residential private
investments, or nearly one private investment dollar out of two.
    "Greater Montréal offers a highly skilled workforce, internationally
recognized universities and research centres, a great innovation potential,
effective high technology clusters and exceptional quality of life, all at a
competitive cost," Mr. Gamache said. "In the context of the knowledge based
economy, which is developing rapidly, these factors are conclusive for
companies looking to set up a facility."
    "Along with the Government of Canada, the Government of Québec, the
Communauté métropolitaine de Montréal and the City of Montréal, we must
promote our strengths as effectively as possible," Mr. Gamache added.
    In this publication, Montréal International analyzed a series of
attractiveness indicators, grouped in seven main categories: availability of
skilled workforce, innovation and high technology, costs, taxation and
incentives, investment climate, economics and demographics, and quality of
life.
    For more information, the complete document is available on the Montréal
International Website at www.montrealinternational.com.

    Montréal International

    Montréal International was created in 1996 as a result of private/public
partnership. Its mission is to contribute to the economic development of
Greater Montréal and to enhance its international status. Its mandates include
attracting foreign investment, international organizations and strategic
workers, and supporting the development of innovation and high technology
clusters in the metropolitan region. Montréal International is financed by the
private sector, the Communauté métropolitaine de Montréal, the City of
Montréal and the governments of Canada and Québec.
    Since 2000, Montréal International has contributed to the achievement of
422 foreign direct investment projects totalling $6.3 billion. These
investments made it possible to create over 31,500 jobs and maintain more than
5,500.




For further information:

For further information: Céline Clément, Communication Advisor, Montréal
International, (514) 987-9390, celine.clement@montrealinternational.com


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