CDO: The Gateway to Northern Mindanao
There are many reasons why numerous investors have graced the city of Cagayan de Oro. One of the most obvious reasons however, is its current status as a “veritable goldmine” for those who are looking for a new and fast developing tourist and investment destination.
The city is often dubbed as the “Gateway to Northern Mindanao” due to its excellent transportation facilities and location. In geographical terms, the city is strategically nestled in between the mountains and plateaus of Lanao del Norte and Bukidnon to the south, and the central coastline of the Macajalar Bay to the north. The city’s east and west borders are abuzz with the industrial activities of its neighboring towns and the silently progressing municipality of Tagoloan.
In addition to its location, the city of Cagayan de Oro also boasts of several advantages in terms of weather and climate. The city is free from typhoons all year round. Although the city may sometimes experience heavy rains, the climate is generally conducive for business and activities all year round.
Although the city recently went through a power crisis, Cagayan de Oro boasts of having cheap and abundant power supply in general. The city’s cheap and abundant source of power is also complimented by its broad manpower and consumer base, making it a perfect location for new investments.
Apart from all these advantages, the city also has a highly efficient educational system, several modern telecommunication facilities, and adequate infrastructure. To top it all off, the city is also located near several international seaports.
The city of golden friendship also serves as the primary trade and service center of Northern Mindanao, which practically means that the city is a prime destination or location for cost-effective land, air, and sea transit.
Due to its current status, the city has become home to one of the most conducive economic climates in Mindanao. The city is favored by a number of tourists and investors due to its metropolitan culture that is complimented by the warmth of the local Kagay-anons. This combination of urban living, traditional Kagay-anon culture and Filipino hospitality encourages the economic growth and overall progress of Cagayan de Oro City.
Mara Jayne Tismo
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