Misamis Oriental, Philippines
 

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Economy
Investments
 

The 210-MW Mindanao Coal-Fired Power Plant Project is the biggest single foreign direct investment in 10 years in Misamis Oriental and Northern Mindanao, with a staggering cost of US$305 million in 2003.

Infrastructure and services sectors contributed more than 90 percent of the total investments from 2002 to 2006; the bulk of investments was in Cagayan de Oro. Major investments during these years include expansion of Pilipinas Kao, Limketkai Center and Capitol University Medical City. New investment projects include the 50-room Korean-owned Koresco Hotel and the continuous development of mixed-use property-development projects of Pueblo de Oro and Xavie Estates, and other high-end subdivisions.

The growing affluence and increasing market regional influence of Cagayan de Oro have attracted the retail giants SM City Cagayan de Oro, Robinsons, Savemore, and Ayala Centrio.

 
Investments by sector in PhP million
  2006 2007 2008 2009 2010 2011
AGRI-BASED 13,138.725 126.822 113.394 44.708 78.323 543.874
CHEMICAL-BASED 0.505 32.380 3.175 0.750 2.350 -
MINING & METALLURGICAL  24.075 17.965 13.000 1.756 4.540 1.185
FOREST-BASED 263.300 12.753 8.985 0.884 18.596 4.116
INFRA & SERVICES 671.827 3,417.658 2,681.670 655.454 4,601.865 2,403.206
ENERGY - 1,150.000 - - - 4.100
STEEL & METAL  PRODUCTS 0.400 47.400 2.513 0.738 0.100 2.150
CONSUMER MANUFACTURERS 9.077 19.089 368.340 5.265 0.931 649.302
OTHERS 1,884.491 1,881.474 2,285.623 339.570 415.324 514.725
TOTAL 15,992.400 6,705.541 5,476.700 1,049.125 5,122.029 4,122.658
Department of Trade and Industry-Misamis Oriental
 
Economic Indicators | Investments | Imports | Exports 1 2
 
 
Main information from Department of Trade and Industry-Misamis Oriental.