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January 27, 2012

Why Cagayan de Oro’s Economy is Largely {Based On|Being Founded On Trade, Service Industry and Tourism

Filed under: — admin @ 5:09 pm

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 youthful city compared to various very urbanized metropolitan areas in the Philippines, Cagayan de Oro has a population of over 460,000 in 200,000 households. Initially chartered as a city as “Cagayan de Misamis,” its title was at some point replaced to “Cagayan de Oro” in status of the gold mining pursuits around recognised by Spanish explorers. It stands as base for both local and multi-national companies, including Del Monte Philippines, Nestle, Coca-Cola Company and Pepsi.

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