Economy of Cagayan de Oro

Car Industry

Cagayan de Oro City has been dubbed as the auto-hub in Mindanao after hosting world-renowned car brands like Toyota, Honda, Nissan, Isuzu, Mitsubishi, Suzuki, Ford, Kia, Foton, Mazda, Chevrolet, BMW, Peugeot, Hyundai, Subaru, Chery, Jinbei and soon Tata. Most of the car showrooms are located in one avenue along Iligan-Cagayan de Oro-Butuan Road.

Retail and Real Estate Industry

Cagayan de Oro City boasts a very healthy retail and residential market. National and International companies have started building high-rise condominiums like Centrio Tower and Aspira Towers under Avida Residences, Primavera Residences under ItalPinas Corp and The Loop under Vista Residences. Malls like Centrio Mall, SM City and Limketkai Center also play a vital role on the city's economy.

Shopping centers

There are many shopping malls located in the city. Notable ones are national retail giants namely SM City Cagayan de Oro, Centrio under Ayala Malls and Robinsons Cagayan de Oro. Homegrown retail giants such as Limketkai Center under Limketkai & Sons Inc., Gaisano City Mall and Gaisano Bulua under Interpace Corp., Ororama Cogon and Ororama Carmen under Mega Farm Corp. are now under major renovation and expansion. Soon to be expanded is The Lifestyle District, an open-air type mall under Montecarlo Realty Corp. Under construction malls are Gaisano Puerto, Paseo Mall under Zealep Company, Vista Malls The Village Center, another open-air type mall, under Vista Land Company and a second SM Supermall under premier brand in