Investment Updates

Naga City has once again proven its competitiveness and exceptional governance as it clinched the Most Competitive Component City in the Philippines title for four straight years. This outstanding feat was announced during the Philippine Creative Cities and Municipalities Congress (PCCMC) held at the Manila Hotel last August 23, 2024. The Cities and Municipalities Competitiveness Index (CMCI) is a comprehensive annual assessment of Philippine cities and municipalities led by the Department of Trade and Industry (DTI) that ranks local government units (LGUs) based on key competitiveness pillars: Economic Dynamism, Government Efficiency, Infrastructure, Resiliency, and Innovation. This competitiveness framework was developed…

The City Government of Naga, in collaboration with the Department of Science and Technology (DOST) – Region V, has launched a significant initiative to transform Naga into a model smart city. Leveraging the Innovation, Science, and Technology for Accelerating Regional Technology-based Development (iSTART) Strategy, this project is part of the broader Smart and Sustainable Communities (SSC) Program by DOST. The SSC Program aims to enhance the quality of life in communities by advancing technology, resilience, and sustainability. The iSTART Strategy complements this goal by promoting balanced regional development through science, technology, and innovation (STI)-based policies and investments. As part of…