Vilnius – second in the smart cities of the future ranking of Financial Times
The name of Vilnius was mentioned once again in the latest Financial Times investment expert division fDi Intelligence rating. The capital of Lithuania is named among the top five smart cities of the future, by evaluating the strategy to attract and retain smart businesses. Vilnius was ranked the second in this ranking and has been outscored only by Dublin’s smart business district Smart Docklands, but was ahead of such cities as Hamburg (Germany), Bogotá (Colombia) and Stratford (Canada).
“The intelligence of cities is not created by the application of individual technologies and innovations, but by the ability to integrate them, combine each other in a way so that the city would be as comfortable as possible for both local community and foreign businesses. Therefore, we are delighted for the fact that we are appreciated for the strategic efforts of the city and the direction of smart city development. This shows that we are on the right track,”says Remigijus Šimašius, the Mayor of Vilnius.
In the cities of the future ranking, experts of fDi Intelligence evaluated strategies of cities, countries, or even special regions to attract and retain innovative businesses – the proposed infrastructure, smart city strategy and the involvement of the business and science community. According to Inga Romanovskienė, Head of Vilnius City Tourism and Business Development Agency Go Vilnius, Vilnius is a great playground for new technology developers and innovative businesses.
“The city offers them many tools to create, invent and develop: open data for new product development, special test spaces for testing their own innovations and active institutional support,” says I. Romanovskienė.
Vilnius is becoming more and more known for its open data policy – the city municipality gives free access to financial, public procurement, real estate, transport and other data. The public can at any time find out about city plans, construction, investment projects, educational institutions, etc. In addition, technology developers are encouraged to help create even more intelligent solutions for the city, by using the municipality’s API’s open data portal with the latest data, history, and program codes.
According to I. Romanovskienė, such conditions lead to the rapid development of smart technology areas in the city: financial technology, IT (games, cyber security, data centers), biotechnology, electronics and optical systems.
fDi Intelligence is a division of the prestigious Financial Times publication, which regularly publishes city and country ratings for various investor-relevant sections.
For more information:
Public Relations Manager at Go Vilnius Erika Brazaitytė +370 686 57540, Erika.Brazaityte@vilnius.lt