Ba­colod City’s spe­cial ci­ta­tion to draw prospec­tive in­vest­ments

Watchmen Daily Journal - - Business -

Ba­colod City’s top of­fi­cial is op­ti­mistic that the city’s re­cent ci­ta­tion in the Most Busi­ness-Friendly Lo­cal Gov­ern­ment Unit (LGU) Awards will spur the in­ter­est of po­ten­tial in­vestors.

City Mayor Eve­lio Leonar­dia said this award will serve as a mag­net to at­tract more busi­nesses, es­pe­cially from com­pa­nies that are first look­ing for the cre­den­tials of the city be­fore in­vest­ing in the area.

The Philip­pine Cham­ber of Com­merce and In­dus­try (PCCI), the award-giv­ing body, rec­og­nized Ba­colod City un­der the City Level 1 Cat­e­gory for sup­port­ing the na­tional gov­ern­ment road con­struc­tion pro­grams that fur­ther ex­pand the ur­ban progress and gen­er­ate new growth cen­ters, and for sus­tain­ing liveli­hood through craft­ing pro­grams for mi­cro, small and medium en­ter­prises.

“We are cred­it­ing all these to the peo­ple of Ba­colod. This is our col­lec­tive vic­tory and pres­tige for the city and it should in­spire us to aspire for greater heights,” Leonar­dia said.

The mayor re­ferred to the PCCI award as an ev­i­dence of Ba­colod City’s con­sis­tency in pro­vid­ing in­vestors a busi­ness-friendly cli­mate that re­sults to the de­vel­op­ment of the busi­ness com­mu­nity.

It can be noted that Ba­colod City was the only highly ur­ban­ized city out­side of Metro Manila in­cluded in the top three fi­nal­ists in the same com­pe­ti­tion last year.

More­over, the Manila Times had cho­sen Ba­colod as the “Top Philip­pine Model City,” in 2017.

This year, it de­clared Ba­colod City as first run­ner-up in the same search, with a spe­cial ci­ta­tion as the “Most Busi­ness-Friendly City.”

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