Press Release: Davao City is this year's Second Most Competitive City in the Highly-Urbanized City category, a notch higher from the 2019 Competitiveness Index Awards.
Davao City placed Second in Economic Dynamism considering factors such as the size of the economy, sources of material, the structure of the economy, safety compliance of businesses, cost of living financial deepening involving the number of financial institutions within the city and number of people employed.
The city placed SECOND in Government Efficiency, which refers to the quality and reliability of government services and government support for effective and sustainable productive expansion. Some of the indicators for this are the capacity of health services, the capacity of schools, security, business registration efficiency, and others.
Davao City also placed SECOND in the Infrastructure category involving the basic inputs of production such as energy, water; interconnection of production such as transportation, roads, and communications; sustenance of production such as waste, disaster preparedness, environmental sustainability, and human capital formation infrastructure.
The city ranked FIFTH in Resiliency, which includes a land-use plan, disaster risk reduction plan, annual disaster drill, early warning system, emergency infrastructures, and others.
Full story here:
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