HR boosts Iloilo City’s investor drawing power
Iloilo City’s best asset is still its human resources and this continues to encourage investors to relocate in the city.
This was the result of the 2009 Philippine Cities Competitiveness Ranking Project (PCCRP) undertaken by the Asian Institute of Management (AIM) Policy Center to compare Philippine cities’ ability to attract investments.
AIM Consultant for its 2009 PCCRP Jigger Latoza said Iloilo City “made a very impressive performance” after it ranked first in terms of human resources when compared with other Philippine cities covered by the study.
The study assessed 30 major cities nationwide using six drivers: infrastructure, human resources, the local economy’s dynamism, local government units’ responsiveness, cost of doing business and quality of life.
Latoza said Iloilo City is already a “City of Universities” as it has seven universities and 20 colleges.
Distance learning is also available from among these schools.
“The good standing of Iloilo in terms of human resource training is not only because of our graduates and number of schools-universities here were judged, using Commission on Higher Education and creditor standards, as among the country’s best,” Latoza said.
PCCRP is a biennial independent study based on the development framework of Institute of Management and Development in Switzerland, he continued.
He noted the annual world competitiveness project compares countries in terms of ability to attract investments.
Latoza said some negative perception about the city can be explained as the assessors considered the data presented in the proper context.
Overall, he said “Iloilo City’s very competitive.”*PNA
