UK Magazine cites Davao City among top Asian 10 cities


DAVAO CITY — In the latest selection of top 10 “Asian Cities of the Future” by London-based FDI magazine, which is exclusively published for the corporate world, Davao City is listed No. 10 together with two other Philippine cities – Quezon City (No. 7) and Cebu City (No 8).

The other Asian cities in the top 10 list are: Hong Kong, Singapore, Taipei (Taiwan), Melbourne (Australia), Dalian (China), Shijiazhuang (China), and Guangzhou (China).

This was reported by Andre Fournier, board member of the Davao City Chamber of Commerce and Industry (DCCCI), during the weekly Club 888 media forum held at Marco Polo-Davao.

Fournier, chairman of DCCCI committee on Information Technology (IT), also reported that in the magazine’s listing of top five Asian Cities with the “best human resources,” Davao City was No. 5, together with four other cities — Singapore (1), Melbourne (2), Hong Kong (3), and Taipei (4).

The finance magazine used the following judging criteria: economic potential, cost effectiveness, human resources, quality of life, infrastructure, business friendliness and promotion strategy.

Member of its judging panel were David Kinnear, president of DDC HRO, a provider of process outsourcing solutions (New York); James Ku, manager of consultancy firm Tractus-Asia, Ltd. (Shanghai); Anupam Prakasi, Asia-Pacific leader in global sourcing and business transformation at HR consultancy firm Hewitt Associates (India); and Lawrence Yeo, CEO of international consultancy firm AsiaBIZ (Singapore).

Fournier said that despite its recognition in international business and finance as having good potentials as a global investment site, Davao City’s leaders – both in the government and private sector – should not rest on the city’s laurels, but strive more to develop and tap its potentials.


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