NAGA CITY, which is centrally located in the Bicol region, is the regional center of finance, trade, commerce, education, religion and culture. With an area and population equivalent to only 0.5% and 2.9% of the regional total, we account for more than 21% of Bicol investments.
With an annual average growth rate of 6.5% since the 1990s, Naga is one of the fastest-growing economies in the country today. The city accounts for approximately 21% of all regional investments with household income 42% and 126% higher than the national and Bicol averages, respectively.
The city is a hub for firms tapping the regional markets, providing access to a population of 800,000 in Metro Naga, almost 2 million more in the rest of Camarines Sur, and around 6 million in the other Bicol provinces.
Naga provides first-class facilities and amenities of a modern city while promising a peaceful living of the countryside.
Naga is a mix of Urban and Rural Living. Downtown Naga is the center of all businesses where there are busy streets, nightlife and commerce. While the Upland area of Naga is where people go for relaxation and escape from the hustle.
Naga is also best known as a pilgrim city, being the destination for the largest Marian pilgrimage in Asia in celebration of Our Lady of Peñafrancia. Celebrated every September of the year, it is a 9-day festivity that gathers millions of devotees from different parts of the country and the world.