December 17, 2020 THREE local government units in Davao Region were recognized for being "competitive" cities and province in the 8th Regional Competitiveness Summit-Cities and Municipalities Competitive Index on Wednesday, December 16. Davao City was declared as the second Overall Most Competitive Highly-Urbanized City in the Country in the 8th Regional Competitiveness Summit. This is an improvement to last year's third place. Tagum City climbs to the third spot as the Overall Most Competitive Component City in the Country. In 2019, it ranked seventh. Davao del Norte was also declared as the second Overall Most Competitive Province, an improvement from 2019's sixth place. The announcement was coursed through via Facebook Live by Trade and Industry Secretary Ramon Lopez who also led the awarding ceremonies.