Cagayan de Oro City improved 5 notches to place 5th in the Cities and Municipalities Competitive Index for 2018. This was bared during today’s 6th Regional Competitive Summit held at the Philippine International Convention Center (PICC) in Pasay City.
The City of Golden Friendship together with Davao City (4th), Bacolod (8th) and Cebu (9th) were the only cities outside of Metro Manila which made the Top 10.
The Regional Competitive Summit aims to recognize the most competitive Philippine cities and municipalities for 2018 as it highlighted the results of the Cities and Municipalities Competitiveness Index (CMCI) by ranking over 1,500 local government units across the country.
The selection of the overall ranking is based on the four pillars: 1) Resiliency 2) Infrastructure 3) Government Efficiency, and 4) Economic Dynamism.
After just placing No. 22 last year in the resiliency category, Cagayan de Oro City made a huge turnaround in this year’s edition, topping as the ‘most resilient city’ after ranking No. 1.
In the infrastructure category, the city has maintained its 5th ranking, while jumping up two ranks in economic dynamism, from 15th last year to 13th this year.
Cagayan de Oro City likewise improved its ranking in government efficiency category, placing 7th in 2018 as compared to 16th place last year.
Here’s a closer look of the Top 10.
Read last year’s report below.