Tsunami of investors flooding city of ‘President Duterte’

MORE potential investors are visitin Davao City, drawn by the increasing popularity of its mayor, Rodrigo R. Duterte.

Ivan C. Cortez, chief of the Davao City Investment and Promotion Center (DCIPC), in a report in SunStar Davao, said there has been an unusual influx of potential investors visiting Davao in the past three months.

He said the investors would contact his office then request an audience with the mayor.

“This is also an indication that they are interested in Davao City, simply because it can be the place of the next president of the Philippines. [That is] if the mayor will decide to run,” Cortez said.

          Duterte has become topic of intensive reports and commentaries in media—radio, newspaper and television, including websites and social media— since landing third in surveys for presidential preference conducted by Social Weather Stations and Pulse Asia.

          The wide coverage of his possible presidential run also carried by international media apparently also sparked the interest of investors.

          Duterte has yet to announce his bid but already he is looming as a presidential candidate in the 2016 elections.

Cortez said they receive around three to four visitors a week, most of whom are foreign investors who are in agribusiness and are looking for public private partnership projects.

He said there has been a four to six percent increase in investments coming into the city based on data from the business bureau.

“Davao has become a magnet [for investments] in this part of the country, it is a magnet for services, it is a magnet for housing projects. They really find the city ideal to live, work, and play,” Cortez said.

 

GRAPH4TH MOST COMPETITIVE CITY

 

DAVAO CITY ranked as the fourth most competitive city in the Philippines based on the Cities and Municipalities Competitiveness Index (CMCI) 2014 of the National Competitiveness Council (NCC).

Davao, the lone Mindanao city that landed in the Top Ten list, is behind Makati City (1), Cagayan de Oro City (2) and Naga City (3) but ahead of Marikina City (5), Iloilo City (6), Cebu City (7), Manila City (8), Valenzuela City (9), and Paranaque City (10).

          The NCC ranked the cities’ competitiveness based on overall competitiveness score, which is the sum of scores on three main pillars — economic dynamism, government efficiency and infrastructure– which pool data from several sub-indicators.

Davao City also placed first in infrastructure. Among the sub-indicators under this aspect, the city placed high when it came to Department of Tourism (DOT) accredited accommodations (3), health infrastructure (10), education infrastructure (2), annual investments in infrastructure (1), number of automated teller machines available (3), and number of public transportations (3).

The CMCI 2014 ranked 136 cities and 399 municipalities throughout the country.

The top ten most competitive municipalities are: Daet, Camarines Norte (1), General Trias, Cavite (2), Kalibo, Aklan (3), Carmona, Cavite (4), Nabunturan, Compostela Valley (5), Lubao, Pampanga (6), Isulan, Sultan Kudarat (7), Polomolok, South Cotabato (8), Manolo Fortich, Bukidnon (9), and Taytay, Rizal (10).

 

numbeo 29th Safest City In The World

By Richard Diongson   

 

If only by the heaps of accolades reaped through the years, Davao City simply leads the way.

According to Numbeo, the world’s largest database of user contributed data about cities and countries worldwide, Davao City ranked as the 9th safest city in the world.

As of April 30, 2015, Davao City garnered 80.71 Safety Index. It is the only city in the Philippines that made it to the top 100.

Osaka, Japan ranked first on the list with 89,26 index; followed by Munich, Germany with 83.57; Stavanger, Norway with 83.14; Singapore with 82.93; Bursa, Turkey with 82.71; Heidelberg, Germany with 82.47; Seoul, South Korea with 82.27; Bergen, Norway with 80.98; Davao City; and Stuttgart, Germany with 80.65.

Numbeo is a user-driven website that  shares current and timely information on world living conditions including cost of living, housing indicators, health care, traffic, crime and pollution.

Numbeo says it uses the wisdom of the crowd to obtain the most reliable information possible.

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