MANILA, Philippines - Makati City emerged as the Philippines' most competitive city, based on a index that ranked cities in terms of economic dynamism, infrastructure and government efficiency.
At the same time, Daet in Camarines Norte was named the most competitive municipality in the Cities and Municipalities Competitiveness Index (CMCI) 2014.
The CMCI used 28 indicators in the three equally-weighted pillars which are combined to form the overall score used to rank cities and municipalities.
In terms of economic dynamism, the cities of Parañaque, Makati, and Manila took the top spots.
Guillermo Luz, co-chairman of the National Competitiveness Council (NCC), explained the scores for economic dynamism are based on the size and growth of the local economy; capacity to generate employment; cost of living; cost of doing business; financial deepening; productivity; and presence of business and professional organizations.
Cities outside of Metro Manila such as Naga (Camarines Sur), Iloilo (Iloilo), and Angeles (Pampanga) ranked the highest in terms of government efficiency.
Government efficiency was measured based on data on transparency scores, economic governance scores, local taxes and revenues, local competition-related awards, business registration efficiency, investment promotion, compliance to national directives, security, health, and education.
In the infrastructure category, the top cities were Davao (Davao del Sur), Cagayan de Oro (Misamis Oriental), and Marikina. Infrastructure scores were measured using data on existing road network, distance from city/municipality center to major ports, health infrastructure, education infrastructure, basic utilities, among others.
Among municipalities, the cities of Tanza (Cavite), General Trias (Cavite), and San Pedro (Laguna) scored the highest in economic dynamism.
For government efficiency, the most competitive municipalities were Kalibo (Aklan), Tupi (South Cotabato) and San Mateo (Isabela).
The most competitive municipalities for infrastructure were Daet (Camarines Norte), Rodriguez (Rizal), and Paniqui (Tarlac).
This year's CMCI featured 136 cities and 399 municipalities, up from 122 cities and 163 municipalities in the pilot run last year.
Last year, the most competitive cities were Makati City, Cagayan de Oro (Misamis Oriental), and Naga (Camarines Sur), while the most competitive municipalities were Daet (Camarines Norte), General Trias (Cavite) and Kalibo (Aklan).