Cagayan de Oro City is the Philippines’ most competitive city in 2012 according to the National Competitive Council (NCC). Aside from CDO, making the top four cities were Iloilo City, San Fernando City in Pampanga, Butuan City and Bacolod City.
Photo Credit: Cagayan de Oro City Facebook Page
The report made by the NCC cited Cagayan de Oro’s achievement using the three indicators: economic dynamism, government efficiency and infrastructure. Before the list of competitive cities were revealed there were speculations that big cities such as Cebu City, Davao City, Makati City or any NCR cities will top the list.
According to Guillermo Luz, NCC private sector chairman, said the rankings can be used by investors when picking their business location. The NCC chairman added further that the Cities of Makati, Cebu and Davao were not included in the list due to lack of data that would measure their competitiveness.
Here’s the other results for Top Cities in the Philippines:
Economic Dynamism Index: Measured for business registration figures; employment, and financial institutions:
- Quezon City
- Koronadal
- Marikina City
Meanwhile for economic dynamism index, a city was measured for business registration figures; employment, and financial institutions. The top three cities are Quezon City, Koronadal, and Marikina City. For government efficiency, a city is
Government Efficiency: Mesures in terms of transparency and accountability, public finance, performance recognition, business responsiveness and basic government services:
- Iloilo City
- Bacolod City
- Cagayan de Oro City
Infrasture: City’s road network, basic utilities and registered vehicles
- Naga City
- San Fernando City, Pampanga
- Cagayan de Oro City
