Cagayan de Oro City in Misamis Oriental is the most competitive city in the country, according to the 2013 Cities and Municipalities Competitiveness Index.
Rounding up the top five most competitive cities in the country were Iloilo City; San Fernando, Pampanga; Butuan City, Agusan del Norte, and Bacolod City, Negros Occidental.
The index, which was presented in a regional summit in Makati on Tuesday, also named San Francisco in Agusan del Sur as the most competitive municipality, followed by Guagua in Pampanga; Carmona in Cavite; Daet, Camarines Norte, and General Trias in Cavite.
Guillermo Luz, National Competitiveness Council co-chair for the private sector, explained that the competitiveness of the cities and municipalities was determined based on 30 weighted indicators measuring economic dynamism, government efficiency and infrastructure.
More specifically, these indicators included rankings on governance; power and water rates and connections; number of hotel rooms, cell sites, hospital beds, among others; length of travel to airports and seaports, and the ease of business permits and licensing systems in a particular area. There were 122 cities and 163 first class municipalities included in the report.
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– Amy R. Remo
Featured by the Philippine Daily Inquirer, 30 July 2013