The Department of Trade and Industry (DTI) has recognized Davao City as one of the most competitive highly-urbanized cities in the country.
President Rodrigo Duterte’s home city landed top 4 nationwide in the recent 6th Regional Competitiveness Summit held at the Philippine International Convention Center in Pasay City.
Davao City’s ranking, however, fell by one notch as it was at the third place in last year’s Cities and Municipalities Competitiveness Index (CMCI) 2018. It was overtaken by Pasay City. Quezon City and Manila retained their rankings at first and second place, respectively.
Davao City was at the third place for “economic dynamism” among the highly urbanized cities. It was also at the third place in terms of infrastructure and second place for resiliency, the local government said.
The DTI through the Competitiveness Bureau held the summit to recognize the most competitive cities and municipalities for 2018.
The ranking was based on the CMCI 2018, which targeted over 1,500 local government units across the country.