Why Cagayan de Oro’s Economy is Primarily {Based On|Being Founded On Trade, Service Industry and Tourism
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 center for Northern Mindanao. A young city in contrast to various highly urbanized metropolitan areas in the Philippines, Cagayan de Oro has a number of inhabitants of at the time of 460,000 in 200,000 homes. Initially chartered as a city as “Cagayan de Misamis,” its identify was eventually transformed to “Cagayan de Oro” in status of the gold mining endeavours around recognised by Spanish explorers. It serves as base for both local and multi-national companies, which includes Del Monte Philippines, Nestle, Coke and Pepsi Company.