Bogo Moves Up by 69 Spots in Competitiveness Ranking

by - 8/13/2014 07:47:00 AM


The City of Bogo has climbed up by 69 spots as the 47th most competitive city in the Philippines based on the Cities and Municipalities Competitiveness Index (CMCI) 2014 of the National Competitiveness Council (NCC). The Cities and Municipalities Competitiveness Index is an annual ranking of Philippine cities and municipalities developed by the National Competitiveness Council through the Regional Competitiveness Committees (RCCs) with the assistance of the United States Agency for International Development. The CMCI measures competitiveness at the local government level using 28 indicators grouped into three equally-weighted pillars: Economic Dynamism, Government Efficiency, and Infrastructure. Scores on each pillar were combined to form the overall score used to rank cities and municipalities.

Here is how Bogo City was scored:

RANKSCORE
Overall Competitiveness4733.413281
Economic Dynamism608.27397
Local Economy: Size1060.02492
Local Economy: Growth111.61001
Jobs790.04205
Inflation Rate493.14102
Financial Institutions890.14301
Productivity670.04265
Business GroupsNDANDA
Cost of Doing Business533.27027
Government Efficiency2718.090936
Transparency Score in LGPMS13.333333
Economic Governance Score in LGPMS13.333333
Ratio of LGU collected tax to LGU revenues460.64128
LGU Competitions Related Awards790
Business Registration Efficiency273.013293
Investment Promotion13.333333
Compliance to National Directives for LGUs13.33333
Security520.59239
Health1110.02766
Schools900.48296
Infrastructure997.048375
Existing Road Network790.02111
Distance of Center to Major Ports692.75101
DOT Accredited Accommodations970
Health Infrastructure1260.01292
Education Infrastructure1160.0892
Availability of Basic Utilities13.33333
Annual Investments in Infrastructure500.79938
Connection to ICTNDANDA
Number of ATMs880.04097
Number of Public Transportations1080.00042


Click here to download historical Data: Bogo City Historical Data 

The CMCI 2014 featured a record number of 136 cities and 399 municipalities, up from 122 cities and 163 municipalities in the pilot run last year. Leading the roster of the most competitive cities this year were Makati City, Cagayan de Oro (Misamis Oriental), and Naga (Camarines Sur). For municipalities, Daet (Camarines Norte) was ranked the most competitive overall, followed by General Trias (Cavite) and Kalibo (Aklan). Cebu City made it to the 7th place.


Read more:
Cebu fares better in competitiveness ranking
The Cities and Municipalities Competitiveness Index 2014

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