Legazpi City is this year’s Most Competitive Component City in the country.

Legazpi City beat Naga City — the most competitive component city in 2015 and 2016 — which settled at second place tjis year.

Mayor Noel Rosal personally received the award during the 6th Regional Competitiveness Summit of the National Competitiveness Council last August 16.

The awarding ceremony was held at the Philippine International Convention Center in Pasay City.

“Just Now….. TEAM LEGAZPI celebration……mga kababayan malaking bagay ini satuya… finally nakuha ta na no.1 most competitive cities in the country for component cities,” Mayor Rosal said.

The Mayor added that although his city edged Naga this year, it is still a huge accomplishment for Bicol as the top two cities came from the region.

“Although we beat naga city(2nd overall)this time for 1st place overall pero still this is very good for bicolanos kasi even though nasa typhoon belt kita still 2 cities rose above all from bicol…. beating cities from mindanao,visayas and luzon…award is just an award but ang magayon digdi perception of strength of the economy of legazpi,” he said.

Rosal added that the award will be “good” for the city as it will attract “more investments and opportunites in our city”

Meanwhile, Tagum City placed third as the most competitive component city in the country.