Building local competitiveness is critical to enhancing long-term national competitiveness. In pursuit of this goal, the National Competitiveness Council encouraged the creation of Regional Competitiveness Committees (RCCs) across the Philippines. As one of the building blocks for national competitiveness, the RCCs are tasked to:
Each RCC is composed of members from the public sector, private sector and academe. It should have one chairman from the public sector and a co-chairman from the private sector.
Currently, there are 16 Regional Competitiveness Committees across the country. Each RCC works closely with the National Competitiveness Council to execute activities aimed to promote reforms and growth at the regional level. These activities contribute to the overall competitiveness of the regions, which in turn contribute to diversification of investment and job opportunities, creation of new wealth, growth of middle class in different parts of the country, and to the overall attractiveness of the country as an investment site.