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Choi Cagayan de Oro

Cagayan de Oro City is located at the Northern coast of Mindanao,Philippines. It is the capital of Misamis Oriental province and the regional center for Northern Mindanao.

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Shipbuilding Complex at PHIVEDEC area
Saturday, January 12, 2008
This year, Hanjin Heavy Industries and Construction Co. of Korea would linked a contract to build a $2-billion shipbuilding complex at Misamis Oriental with the Phividec Industrial Authority. It is bigger than Hanjin’s $1-billion shipyard complex in Subic, Olongapo City which will hire 20,000 Filipinos to manufacture ship parts. The Philippine government declared the 441.8-hectare project site an economic zone (part of 3,000-hectare industrial estate managed by Phividec).

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