Drogheda in County Louth has been identified as one of Europe's emerging 'micro-cities'.
A report on European Cities and Regions of the future in the Financial Times FDI Magazine's announced the move, ahead of the launch today of the M1 Corridor.
It is an initiative to attract investment into the Drogheda-Dundalk-Newry region.
For over ten years, the Drogheda City Status Group has been campaigning for city status for Drogheda.
It says now with the endorsement of a prestigious international business publication, both Local and National Government and State agencies - along with politicians - need to wake up to what the Greater Drogheda area can offer to both overseas and indigenous investors.
It believes they need to tackle the fractured nature of its catchment, split between Louth and Meath and managed in Dundalk and Navan as well as two IDA Regional Offices.
It says the Greater Drogheda area - including the agglomeration of Laytown-Mornington-Bettystown - has seen some of the most rapid population growth in the State, with the outer catchment now having a population of over 80,000 and soon to become a city.
It says for the M1 Corridor initiative to have credibility, there has to be urgent and substantial change in the way in which the area is managed.