Cebu, Naga agree to share best practices

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(KOC)

THE Cebu Chamber of Commerce and Industry (CCCI) will sign a sister-chamber agreement with Metro Naga Chamber of Commerce and Industry (MNCCI) next month during the 26th Visayas Area Business Conference.

The sisterhood agreement aims to boost economic opportunities between Cebu and Naga City in the Bicol Region.

“There will be sharing of chamber best practices and development of economic opportunities that will benefit members of both chambers,” said CCCI President Melanie Ng.

MNCCI is a Hall of Fame awardee and most outstanding chamber of the Philippines and South Luzon. Naga is Bicol’s center of commerce and industry, and has been cited as one of the most business-friendly cities in Asia. It recently ranked as the second overall most competitive component city in the Cities and Municipalities Competitiveness Index 2017 released by the National Competitiveness Council of the Philippines. It ranked first in government efficiency, third in economic dynamism, third in infrastructure, and 13th in resiliency.

Among its booming sectors are information technology-business process management. It currently has three IT Parks.