Why Cagayan de Oro’s Economic System is Generally {Based On|Being Founded On Commerce, Services and Tourism
January 27th, 2012
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 new city compared to other very urbanized metropolitan areas in the Philippines, Cagayan de Oro has a number of inhabitants of over 460,000 in 200,000 homeowners. Originally chartered as a city as “Cagayan de Misamis,” its title was at some point changed to “Cagayan de Oro” in reputation of the gold mining routines in the area recognised by The Spaniard explorers. It acts as foundation for each local and multi-national companies, which includes Del Monte Philippines, Nestle, Coke and Pepsi.