Elevate: Cagayan de Oro city

Cagayan de Oro, which literally translates to “river of gold,” is the logistics and business hub of the Philippines’ southern island of Mindanao. It is one of the most progressive and competitive cities of the country because of its accessibility, business growth, attractions, and the people and community. The city of Cagayan de Oro is poised for an influx of investments. The National Economic Development Authority (NEDA) aims to institute a Metro Cagayan de Oro by 2025. NEDA attributes the targeted metropolitan center status to CDO’s strategic location, projected population growth, and its status for being an education center in the south.

CDO is currently pursuing its objectives to increase agricultural productivity, sustainable mining, manufacturing and construction activities, tourism revenues, and foreign and domestic investments.

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As Northern Mindanao’s administrative capital, the city continues to be a major hub of economic development activities in the region. It houses Mindanao’s first IT park, the Pueblo de Oro IT Ecozone which enabled BPO companies that offer call center, telemarketing, and medical transcription services to open its doors to Kagay-anons.

According to the Department of Trade and Industry, Northern Mindanao is a highly-diversified region that enjoys quality living and sustained economic growth. It is home to the largest industrial estate that hosts light to medium industries. In addition, growth and investment opportunities in the region are anticipated to stem from agriculture, food processing, tourism, service-related industries, trade infrastructure services, and industrial, environmental, and ecological support facilities.

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The Elevate National Roadshow will have its southern-most leg stop in the island of Mindanao in Cagayan de Oro city. Catch the activity on August 24, 2018.

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**Actual dates might be subject to change.

 

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The Elevate National Roadshow is accepting applications for startups to share and showcase their ideas while giving them valuable mentorship and support. While the Roadshow only includes 5 cities, applications are open to all cities nationwide.

 

Each of the five cities’ winners will be invited to be part of the Innovation Summit. The Innovation Summit, the biggest event of Impact Hub Manila, will feature its renowned partners, potential investors, key movers, and industry icons.

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For more information, contact:

Michelle Buentipo at michelle.buentipo@impacthub.net

or visit, https://programs.impacthub.ph/elevate2018

Photos from: flickr

Featured image by Project Lupad Photography (Cdodev.com, Project Lupad Photography)