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Manchester 'best placed' for future
England's Northwest | 9th June 2010

The former chief executive of the Manchester Investment Development Agency Service (MIDAS) has told the city's business leaders that the area is "best placed" to maximise future opportunities.

Addressing the Downtown Manchester in Business Chairman's Breakfast meeting, Colin Sinclair said that ambition and diversity had been the making of Manchester, and the city's collective ambition and breadth of business base has made it more resilient to economic pressures.

He said: "Manchester has come a long way since its industrial roots. The city has been transformed into a thriving cosmopolitan centre for architecture, culture and tourism while the ambition and ability of the business sector has made the city genuine competition as a leading European business location.

"Thanks to our world-class universities, we continue to attract more student applications than anywhere else in the country and those that get here, stay here, providing local industries with a constant stream of young talent."

Asked about Manchester's property scene, Mr Sinclair replied: "The Co-op Quarter is going to be a major development in Manchester over the next two years and will see the traditional CBD expand to incorporate the new HQ."