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January 27, 2012

Why Cagayan de Oro’s Economy is Mainly {Based On|Being Founded On Commerce, Industry and Tourism

Filed under: — admin @ 3:57 am

Where is Cagayan de Oro? It is also known as the City of Golden Friendship is the capital of the province of Misamis Oriental, the regional hub for Northern Mindanao. A young city in contrast to other highly urbanized cities in the Philippines, Cagayan de Oro has a population of over 460,000 in 200,000 homes. Initially chartered as a city as “Cagayan de Misamis,” its name was eventually altered to “Cagayan de Oro” in acknowledgement of the gold mining pursuits around known to The Spaniard explorers. It works as base for both local and multi-national companies, including Del Monte Philippines, Nestle, Coke and Pepsi Company.

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