Why Cagayan de Oro’s Economic System is Primarily {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 new metropolis compared to various highly urbanized cities in the Philippines, Cagayan de Oro has a number of inhabitants of at the time of 460,000 in 200,000 families. Originally chartered as a metropolis as “Cagayan de Misamis,” its title was eventually replaced to “Cagayan de Oro” in recognition of the gold mining endeavours in the area recognised by Spanish explorers. It works as base for both local and multi-national companies, including Del Monte Philippines, Nestle, Coca-Cola Company and Pepsi Cola.