Bacolod City’s special citation to draw prospective investments
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.”