Why Cagayan de Oro’s Economy is Generally {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 center for Northern Mindanao. A young metropolis compared to other highly urbanized cities in the Philippines, Cagayan de Oro has a number of inhabitants of over 460,000 in 200,000 homeowners. Originally chartered as a metropolis as “Cagayan de Misamis,” its identify was at some point changed to “Cagayan de Oro” in reputation of the gold mining pursuits in the area recognised by Spanish explorers. It acts as foundation for each local and multi-national companies, such as Del Monte Philippines, Nestle, Coca-Cola Company and Pepsi Company.