Why Cagayan de Oro’s Economic System is Generally {Based On|Being Founded On Trade, 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 city in contrast to other very urbanized cities in the Philippines, Cagayan de Oro has a population of at the time of 460,000 in 200,000 homes. Originally chartered as a city as “Cagayan de Misamis,” its title was eventually modified to “Cagayan de Oro” in recognition of the gold mining endeavours around recognised by Spanish explorers. It acts as foundation for each local and multi-national companies, including Del Monte Philippines, Nestle, Coca-Cola Company and Pepsi Company.