Cagayan de Oro City is a logistics and transportation hub and this was revealed during the 5th annual regional roadshow of National Competitiveness Council (NCC) which was held last May 24, 2017 at N Hotel in Cagayan de Oro City.
The pronouncement was made by Department of Trade and Industry (DTI) Regional Director Linda O. Boniao in her welcome remarks. The event was aimed to brief and discuss the recent performance of the Philippines in the Global Competitiveness Rankings.
Accordingly, the country improved in economic freedom (now ranked 58th from 115th), doing business report (99 from 148), corruption perception index (101 from 134) and in global competitiveness report (57 from 85).
Over a hundred participants both from public and private sector gathered at the venue to discuss the state of the country’s and regions competitiveness. Matters of doing business and incentives for top performing LGU’s are some of the region’s main concern.
Meanwhile, one of the programs for competitiveness is the streamlining of Business Permits and Licensing System (BPLS) to which some 1,422 out of 1,516 local government units (LGUs) have already undergone it.
Browse over some of the photos below.
with photos by Vincent Tom Udasco