Compared to Metro Manila and Cebu, Bacolod may not that well known but this city has promising traits for businesses.
3.) Bacolod as Top Competitive LGU in Visayas - August 2018
Bacolod is the number one most competitive in the visayas during the 6th Regional Competitiveness Summit held at the Philippine International Convention Center in Manila on Thursday, August 16. This ranking was announced by the National Competitiveness Council (NCC).
In the national level, Bacolod top 3 most improved Local Government Unit in the Highly-Ubranized Category.
Bacolod moved from top 20 last year to top 8 this year in the overall most competitive HUCs list.
Bacolod is the number one most competitive in the visayas, followed by Cebu city- top 9. Mayor Evelio Leonardia received the award and said that this is a big inspiration for Bacolod City and a big encouragement for his administration to do more.
Other cities in the Top 10 most competitive HUCs are: 1 — Quezon; 2 — Manila; 3 — Pasay; 4 — Davao; 5 — Cagayan de Oro; 6 — Makati; 7– Pasig; (8 Bacolod; 9 Cebu) and 10 — Muntinlupa.
The ranking was based on the sum of the scores in the “Four Pillars” — Economic Dynamism, Government Efficiency, Infrastructure, and Resiliency.
In the 2018 ranking, Bacolod improved in all four pillars from its 2017 ranking: Economic Dynamism, from No. 20 to No. 9; Government Efficiency, No. 22 to No. 15; Infrastructure, No. 15 to No. 6; and Resiliency, No. 19 to No. 10.