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Taguig City was cited as the country’s Most Business Friendly City by the World Bank. The recognition was given to Taguig because of the city government’s initiatives to develop infrastructure and ensure that investors enjoy the most conducive climate to develop and expand their businesses.

The title was awarded to Taguig City in Singapore recently, where city Mayor Sigfrido Tinga was invited and seated as one of the key panelists in the “World Bank-Singapore Infrastructure Finance Summit.” The event was held in association with the Financial Times and the World Bank-ASEAN Infrastructure Finance Network.

During the event, Tinga was introduced by Financial Time’s South Asia Bureau Chief James Lamont as “one of the most innovative mayors in the world.” He was invited to the financial forum after the city was cited as the Philippines’ Most Business Friendly City by the World Bank.

Tinga said that the recognition was another achievement for his administration and the people of the city. He was the lone representative from the Philippines as he joined local chief executives of elite cities from all over the world.

“This is a great honor for the city to share the stage with such distinguished local executive from premiere cities across the world. I hope we represented the city and the country well,” Tinga said.

Other key officials who attended the forum were Governor Fauzi Bowo of Jakarta, Indonesia, Lord Mayor Robert Doyle of Melbourne, Australia, Mayor Omar Maani of Amman, Jordan, and Keshav Varma, Head of the Global Urban Program of the World Bank Institute.

During the forum, Tinga discussed the initiatives of the city government to develop infrastructure, the challenges they had to overcome, and the task  that lie ahead. Among the participating panelist, the audience said that it was Tinga from the Philippines whom they found very insightful and who impressed them the most.