CFO/BaLinkBayan’s LGU partners Cagayan de Oro and Naga City make it to top of rankings!!!
The 2014 Most Competitive City is Makati City while the Most Competitive Municipality is Daet, Camarines Sur as announced by the National Competitiveness Council (NCC) last August 8, 2014 during the Regional Competitiveness Summit at the Philippine International Convention Center (PICC) in Pasay. CFO’s BaLinkBayan partner LGUs Cagayan de Oro City and Naga City took the 2nd and 3rd spot respectively, in the overall competitiveness category.
The Cities and Municipalities Competitiveness Index (CMCI) is a measure of the conduciveness of Local Government Units to business and investments. The CMCI measures competitiveness at the local government units using 28 indicators grouped into three equally-weighted pillars: Economic Dynamism, Government Efficiency, and Infrastructure. Scores on each pillar were combined to form the overall score used to rank cities and municipalities.
Cities in the Metro such as Parañaque, Makati, and Manila ranked the highest in terms of economic dynamism. Economic dynamism was measured based on data on employment rate, stability of commodity prices, productivity levels and number of organized business groups and financial institutions.
In the government efficiency pillar, the top three cities were Naga City in Camarines Sur, Iloilo City, Iloilo, and Angeles City in Pampanga. The scores on government efficiency were based on the quality and reliability of government services including its being transparent, and investment promotion and whether it can generate its own resources for growth.
The top three cities for infrastructure were Davao City in Davao del Sur, Cagayan de Oro City in Misamis Oriental, and Marikina City in Metro Manila. Scores on infrastructure were based on the presence of key essential elements conducive and needed for development such as roads, transportation and communication facilities, basic utilities of water and energy as well as its disaster preparedness level.
Among municipalities, the cities of Tanza (Cavite), General Trias (Cavite), and San Pedro (Laguna) scored the highest in economic dynamism.
For government efficiency, the most competitive municipalities are Kalibo (Aklan), Tupi (South Cotabato) and San Mateo (Isabela).
The most competitive municipalities for infrastructure are Daet (Camarines Norte), Rodriguez (Rizal), and Paniqui (Tarlac).
This year's CMCI featured 535 cities and municipalities composed of 136 cities and 399 municipalities, up from 122 cities and 163 municipalities in the pilot run last year. Participation in the ranking is based on the submission of key data and information by the respective LGUs.
The complete results are available for viewing at: http://www.competitive.org.ph/cmcindex/