28.9 C
Cagayan de Oro
Monday, June 24, 2024
HomeAdvertisementsOro is PHs 8th Most Competitive City in 2022

Oro is PHs 8th Most Competitive City in 2022

Once again, Cagayan de Oro has made it as one of the ‘Top 10 Most Competitive Highly Urbanized Cities’ in the country this year.

This after Cagayan de Oro ranked as the ‘8th Most Competitive Highly Urbanized City’ based on the results of the 10th Cities and Municipalities Competitiveness Index (CMCI) Summit held October 20, 2022 at the Philippine International Convention Center.

Aside from landing in the 8th spot, Cagayan de Oro City grabbed special awards in four (4) out of five (5) CMCI pillars, namely: Government Efficiency, Economic Dynamism, Infrastructure, Resiliency, and Innovation. This year, LGU-CDO is Top 4 in Resiliency, Top 6 in Innovation, Top 7 in Government Efficiency, and Top 8 in Infrastructure against competing highly urbanized cities in the country.

Rounding up the Top 10 list is 1) Quezon, 2) Manila, 3) Pasay, 4) Davao, 5) Muntinlupa, 6) Makati, 7) Iloilo, 8) Cagayan de Oro, 9) Bacolod, and 10) Valenzuela.

Cagayan de Oro City’s participation to this year’s Cities and Municipalities Competitiveness Index was made possible under the leadership of City Mayor Rolando ‘Klarex’ Uy thru the Cagayan de Oro – Trade and Investments Promotion Center (Oro-TIPC) headed by Local Economic Development and Investment Promotion Officer John W. Asuncion.

CMCI encourages all local government units to measure their performance by submitting their data and be ranked among the participating cities and municipalities through the Department of Trade and Industry and the Regional Competitiveness Committees with the assistance of the United States Agency for International Development (USAID).

This year’s theme of the CMCI Summit is “A Decade of Excellence: Championing Innovation to Sustain Competitiveness”, where the lead agency introduced its newly added pillar – the Innovation Pillar – that highlights the capacity of LGUs to expand their local economies, strengthen innovation policies, and exploring on new technologies.

Since 2013, Cagayan de Oro City has consistently ranked among the country’s ‘Top 10 Most Competitive High Urbanized Cities’.

In 2021, CDO ranked seventh as it bagged three special awards: Top 2 in Resiliency, Top 6 Most Improved City, and Top 7 in Infrastructure. (SPPalen/Infographic by Jhon Carl Balanza)


Most Popular

Recent Comments