(Courtesy of Davao del Norte PIO)
DAVAO CITY – Davao del Norte province has regained its position as the overall second most competitive province in the country for this year, the provincial government said Friday.
Governor Edwin Jubahib received the award during the 2023 Philippine Creative Cities and Municipalities Competitiveness Congress on Thursday evening in Manila.
In 2020 and 2021, Davao del Norte held the second position in the Cities and Municipalities Competitiveness Index (CMCI) rankings but slid to third spot in the rankings last year.
This year, Davao del Norte clinched the award after it landed next to Rizal province in the 2023 CMCI rankings.
The citation was brought about by the increase in investments and income, enabling the economic environment that served as the basis for the CMCI 2023, based on the pillars of economic dynamism, government efficiency, infrastructure, resiliency, and innovation.
“This feat makes Davao del Norte also the most competitive province in the Visayas and Mindanao region for six years in a row now,” Jubahib said.
Davao del Norte remained a favorite investment haven in the Davao Region since it registered a total of PHP1.570 billion in fresh investments in 2022 from 5,916 new business registrants which generated 63,855 jobs for the Dabaonon people.
The CMCI is an annual ranking of Philippine cities and municipalities developed by the National Competitiveness Council (NCC) through the Regional Competitiveness Committees (RCCs), with the assistance of the United States Agency for International Development.
Provincial rankings are based on population and income-weighted averages of the overall scores of cities and municipalities under a province. (PNA)
