Cagayan de Oro is a goldmine for those in search of new tourist and investment destination. It has a reservoir of advantages over other cities in the country . Why? It has no typhoons all year round, rich agricultural environments, a broad consumer and manpower base, cheap and abundant power, strategically located international seaports, modern telecommunication facilities, adequate infrastructure and a highly efficient educational system.As of this writing there are various construction projects that are on-going in the city as follows :
The Paseo del Rio Business complex which includes a 21 F Hotel (Reviera Genesis) and Convention Center . I guess this is an investment of the Pelaez Group of Companies, the owner of Liceo de Cagayan Univesity.
The high-rise Limketkai Hotel has already started beside the existing Gateway Twin Tower. According to my ex-office mate who now supervises one of the scope of works of the construction , the main tower will have a 33-storey and the second tower will have a 18 –storey floors.
The construction of the biggest mall in Mindanao costing at least P4.5 billion has already started . If Quezon City have their Trinoma… we have now the Ayala Mall called “ Centrio” . Why Centrio? Because it is located in the city’s bustling business district along C.M. Recto national highway this year.
Other projects to start are the construction of Mindanao University of Science and Technology Gymnasium, The KITROL Holdings Inc. P200-million worth fuel storage facility inside the Phividec Industrial Authority area , Ateneo de Cagayan Magix Complex, Construction of the Mindanao Control Center of the National Grid Corporation of the Phils. (NGCP) and many more.
Being a civil engineer, I am very excited to see all these projects completed. I believe, they have the best contractors to do the job and the best materials to use for the project like Mixing Valves, Ball Valves and PEX Valves for their plumbing, heating and sanitary scope of works.