Why Cagayan de Oro’s Economic System is Largely {Based On|Being Founded On Commerce, 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 center for Northern Mindanao. A youthful city in contrast to various highly urbanized cities 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 identify was eventually altered to “Cagayan de Oro” in acceptance of the gold mining routines in the area known to Spanish explorers. It acts as base for both local and multi-national companies, which includes Del Monte Philippines, Nestle, Coke and Pepsi.