TAGUM CITY, Davao del Norte – The local government unit of Tagum City recently made headway in the over-all rankings of the Most Competitive Component Cities in the country.
The city, which was ranked the 60th most competitive component city during last year’s summit, gained major points to be declared the over-all 8th Most Competitive Component City during the 3rd Regional Competitiveness Summit, held on July 16, 2015 at Pasay City, Philippines.
This year’s rankings of 978 municipalities and 142 cities, which include Highly Urbanized Cities as well as 108 Component Cities, was done using the Cities and Municipalities Competitiveness Index, a system developed by the National Competitiveness Council of the Philippines (NCC), through the Regional Competitiveness Committees, with the assistance of the United States Agency for International Development (USAID).
According to the official website of the NCC, the cities and municipalities are ranked on their competitiveness based on an overall competitiveness score. The overall competitiveness score is the sum of scores on three main pillars which pool data from several sub-indicators. The three main pillars are: economic dynamism, government efficiency and infrastructure.
The City of Tagum, ranked under the Independent Component and Component Cities Category, was shown to be the 3rd most competitive component city on the pillar of Economic Dynamism, was ranked 34th on the pillar of Government Efficiency and was the 21st on the pillar of Infrastructure. The total score of 43.1699 garnered by the city on all three pillars made it possible for Tagum to be declared as the 8th Over-all Most Competitive Component City for 2015.
The major winners of the third installment of the Regional Competiveness Summit include Davao del Sur as the Most Competitive Province; Mambajao, Camiguin as the Most Competitive 3rd to 6th Class Municipality; General Trias, Cavite as the Most Competitive 1st to 2ndClass Municipality; Naga City as the Most Competitive Component City; and Manila as the Most Competitive Highly Urbanized City. (Richi D. Gulle/ CIO-Tagum)