Why Cagayan de Oro’s Economic System is Generally {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 center for Northern Mindanao. A new city in contrast to other very urbanized metropolitan areas in the Philippines, Cagayan de Oro has a number of inhabitants of over 460,000 in 200,000 households. Initially chartered as a city as “Cagayan de Misamis,” its name was at some point changed to “Cagayan de Oro” in acknowledgement of the gold mining endeavours around recognised by Spanish explorers. It works as foundation for both local and multi-national companies, including Del Monte Philippines, Nestle, Coca-Cola Company and Pepsi.