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Quezon City ranked as the Overall Most Competitive highly urbanized city in the country followed by Manila and Pasay while Naga, Legazpi and Antipolo, in that order, were named as the Overall Most Competitive component cities in the latest 10th Cities and Municipalities Competitiveness Index .
There were 1,631 local government units that participated in this year’s CMCI from 1,607 last year short only by three LGUs based on the total number of 1,634 cities in municipalities across the country. He explained that the CMCI program addresses the lack of a nationwide standardized system for compiling local indicators.
Recently, he said, DTI has concluded the first phase of the Big Data Project, where experts reviewed the Program’s processes and indicators relative to global and regional economic activities. The big data initiative sought to determine the fitness of existing indicators, as well as assets timely relevant, and readily available information, in measuring local competitiveness.
The IMD World Competitiveness Center said that measuring a nation’s competitiveness involves looking at factors that enable an environment to create more value for a nation’s enterprises, and ultimately, for its people. The Center’s annual global report includes as factors economic performance, government and business efficiency, and infrastructure, among others.
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