ANGELES CITY — Angeles City is identified as one of the largest urban economies in the world, ranking 5th in the Philippines, according to the UK-based thinktank Oxford Economics.
Angeles City is among the nine Philippine cities that made it into the top 1,000 global urban economies worldwide.
This is based on the ranking report released by Oxford Economics in their 2024 Global Cities Index.
Mayor Carmelo “Pogi” Lazatin, Jr. said this is a milestone for the people of Angeles City, being recognized by Oxford Economics, the foremost independent economic advisory firm globally, renowned for its comprehensive economic analysis and consultancy services catering to businesses, governments, and organizations worldwide.
According to the said report, Angeles Ciy ranks 502nd globally, based on five categories – economics, human capital, quality of life, environment, and governance.
Based on Oxford’s depth analysis of the city’s five categories, Angeles City places 498th in global rankings in the area of economics; human capital (634th); quality of life (550th); environment (191st); and governance (614th).
Angeles City’s strength lies in the environment category, Oxford Economics report says.
To recall, among the flagship programs of Mayor Lazatin is on environment where the city government started its massive reforestation effort in 2020 at the Angeles City Watershed to increase water reserves which will benefit the city and the Metro Clark area.
This project is being supervised by his trusted Chief Adviser IC Calaguas and Executive Assistant IV Reina Manuel.
To date, 79,715 trees had already been planted in the Angeles City Watershed.
Further, Lazatin’s marching order of “no tax collection increase” yet a business-friendly city had the city government’s consistent increase in its local revenue sources of more than P68 million for Real Property Tax and more than P206 million for the collection of business tax.