Chart of the Day: 9% of global investors think Singapore could produce the next Google

But it still has a long way to go to gain their confidence like in Shanghai and Beijing.

This chart from EY's European Attractiveness Survey (EAS) shows that 9% of global investors have chosen Singapore when asked which top 3 cities are capable of producing the next Google.

"This chart is an indication of investors’ perception of each cities’ digital potential," EY said.

The European Attractiveness Survey (EAS) was conducted with a representative panel of 502 international decision-makers from across the globe. For this chart, respondents were asked the question “Which three cities in the world offer the best chance of producing the next Google?”

"As this was an open-ended question, the cities reflected in the chart are top-of-mind cities that investors think have the best chance of producing the next Google," EY added.