Friday, July 15, 2016

Lipa Dropped To #19 In Ph Competitiveness Index


Lipa City dropped to #19 spot in the 2016 Competitiveness Index by National Competitive Council of the Philippines out of 110 component and independent cities from #13 last year while Naga City remained unbeatable at #1 spot. Overall (including Highly Urbanized Cities), Quezon City was reigned supreme as they claimed the Most Competitive City award this year overtaking Manila who was ahead last year while Davao and Cebu take 5th and 6th spots respectively.

The Competitiveness Index is being measured based on the sum of scores from 3 pillars such as Economic Dynamism, Government Efficiency and Infrastructure. Among 3 pillars, Lipa City is once again lowest at Government Efficiency where it ranked only at #63 but soaring high at #7 in Economic Dynamism among Component Cities. In CALABARZON region, Bacoor was #1 while Batangas City was at #5 spot and Lipa City at #8. Please note that Highly Urbanized Cities like Lucena and Cavite City have their own ranking while overall ranking among Highly Urbanized and Component Cities are not yet available in the website.

Developments in Lipa City:
New international and local shops opened in Lipa City recently like Krispy Kreme, Kenny Rogers, Cabalen, Kuya J's, Dominos Pizza, Power Mac, Adidas among others.
SM Lipa is currently having major renovation on its department store as it already surpassed premier status in terms of sales while Robinsons Lipa did also a major facelift on its supermarket.
Additional major player in BPO industry has been added as well in Lipa which locked the city as among the top ten next wave cities in the Philippines.
Local entrepreneurs lined up in the newest food stop in the city via Metro Event Zone while few more additional commercial buildings are currently under construction which will give more options to shoppers, foodies and tourists including the first premium condominium and hotel building in the province.

With these exciting developments in Lipa, netizens are hopeful to see improvements and consistencies in ordinances, traffic, garbage collection, and security.

source: National Competitiveness Council of the Philippines website

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