Bacolod City – The City of Smiles has been recognized as the Most Business-Friendly Local Government Unit (LGU) in the country, emerging at the top of a select group of five cities – Baguio, Cagayan de Oro, Iloilo, and Mandaue, a press release from Bacolod PIO said.
The award was presented during the 2024 Philippine Chamber of Commerce and Industry (PCCI) Awards held at Marriott Hotel in Pasay City recently.
Mayor Alfredo Abelardo Benitez received the award on behalf of Bacolod City, a recognition based on four critical areas of evaluation: fast-tracking sustainable local economic development, ease of doing business initiatives, investment promotion efforts, and enhancing sectoral competitiveness.
“We are honored to receive this recognition, which reflects the commitment of Bacolod to creating an environment where businesses can thrive. This is a victory for all Bacolodnons as we continue to drive growth, innovation, and opportunities in our city,” said Benitez.
Bacolod’s rise to the top of the list reinforces its reputation as a hub for business and economic activity in the Visayas region. (News & photo courtesy of Bacolod City Public Information Office)