Why Cagayan de Oro’s Economic System is Primarily {Based On|Being Founded On Trade, Services 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 hub for Northern Mindanao. A young city compared to various highly urbanized cities in the Philippines, Cagayan de Oro has a census of over 460,000 in 200,000 homeowners. Initially chartered as a city as “Cagayan de Misamis,” its name was eventually transformed to “Cagayan de Oro” in reputation of the gold mining activities around recognised by Spanish explorers. It stands as foundation for each local and multi-national companies, which includes Del Monte Philippines, Nestle, Coca-Cola Company and Pepsi Company.