[AdSense01] There's no stopping the progress of Cagayan de Oro.
This, as three giant corporations are already scheduled to begin their multi-million investments in Cagayan de Oro this year.
City Mayor Vicente Y. Emano said that in September this year, A.Brown Company will already start the construction of yet the biggest and most luxurious subdivision in the island of Mindanao.
The P250 million real estate investment will be situated in the highlands of barangay Agusan, bordering Balubal, another hinterland barangay in Cagayan de Oro.
The city chief executive is optimistic that the project, which is an outcome of the recent trade mission he led in India and Germany, will signal the opening of a new growth area in Cagayan de Oro.
A foreign investor is also set to establish a 100-door apartment and villa at the Pueblo de Oro Township in September this year. The project is designed to cater to the needs of international tourists who wanted to stay in Cagayan de Oro for more than a month.
In December this year, the Ayala Group of Companies will also groundbreak its P4.7 Billion investment in barangay Indahag which covers an area of 50 hectares.
Mayor Emano expressed hope that the influx of more investments here would spell more employment opportunities and uplifted socio-economic condition for the thousands of Cagayanons in the city.
In line with the effort of attracting more investors, the city government has already put in place good bridge and road infrastructure networks and telecommunications facility that are meant to open new growth areas and provide access to and from all parts of the city. (City Information Office)
f the city. (City Information Office)