Why Cagayan de Oro’s Economic System is Primarily {Based On|Being Founded On Trade, 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 hub for Northern Mindanao. A young metropolis compared to other highly urbanized metropolitan areas in the Philippines, Cagayan de Oro has a number of inhabitants of over 460,000 in 200,000 families. Initially chartered as a metropolis as “Cagayan de Misamis,” its name was at some point modified to “Cagayan de Oro” in status of the gold mining pursuits in the area recognised by Spanish explorers. It works as foundation for each local and multi-national companies, including Del Monte Philippines, Nestle, Coca-Cola Company and Pepsi.