Why Cagayan de Oro’s Economic System is Primarily {Based On|Being Founded On Commerce, 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 hub for Northern Mindanao. A new metropolis in contrast to other highly urbanized metropolitan areas in the Philippines, Cagayan de Oro has a census of at the time of 460,000 in 200,000 households. Initially chartered as a metropolis as “Cagayan de Misamis,” its name was at some point replaced to “Cagayan de Oro” in recognition of the gold mining pursuits in the area recognised by The Spaniard explorers. It stands as base for both local and multi-national companies, including Del Monte Philippines, Nestle, Coca-Cola and Pepsi Cola.