Cagayan de Oro City Mayor Constantino Jaraula said he is offering the city as the new haven for investors as their second home which includes vacation home, retirement home and primary home.
Jaraula said Cagayan de Oro is now the new destination not merely for tourism but also for an alternate place to live-on away from the heavy pollution in Metro Manila and nearby areas.
He said with this new development, the city government under his leadership would intensify the road networking on sub-urban areas that are targeted for another urban development.
“Our emphasis now is services. Golden Mile has already started while we also eyeing to develop the other side of the river. More river control would be built along the area going to the fifth bridge,” he added.
Jaraula said he would soon undertake the rehabilitation of the Gaston Park including the installation of dancing fountain. Tennis court would be transfer to the old cemetery area while the vacated portion would become a pay parking area,” he said.
Other future development includes the putting-up of the multi-storey city center at the back of the Community Amphi-Theater. The formal launching of the proposed building would be done during an investors’ road show.
“We welcome investors for their best offers,” he said.
It can be recalled that the sister city agreement between the cities of Cagayan de Oro and Harbin was forged in 2005 when Vice Mayor Vicente Y. Emano–then mayor–led a trade mission to China to promote friendship, trade, education and cultural ties between the two cities.