As of January 2026, Cagayan de Oro City continues to show steady economic growth, strengthening its role as the regional hub of Northern Mindanao. The city’s economy remains driven by trade, services, education, real estate, logistics, and infrastructure development, with Uptown expansion and mixed-use projects shaping a more modern urban landscape.
CDO continues to attract investments in residential, commercial, and office developments, supported by its strategic location, growing workforce, and presence of major educational institutions. In terms of commerce, the city remains a center for shopping, healthcare, banking, and professional services, serving not only its residents but nearby provinces as well.
However, tourism remains one of the city’s weakest sectors.
White Water Rafting—once CDO’s flagship tourism product—has significantly declined over the past decade. At present, the city has limited tourist attractions, resulting in most visitors treating Cagayan de Oro as a transit hub rather than a destination. Tourists typically stay briefly before heading to Camiguin Island, Dahilayan in Bukidnon, or other parts of Northern Mindanao.
Realistically, the city’s main tourism offerings are hotel accommodations, dining options, and shopping malls. Beyond these, CDO functions more as a gateway city than a leisure destination.
This presents both a challenge and an opportunity.
To unlock stronger tourism growth, the city may need to actively invite investors to develop tourism-driven businesses such as theme parks, amusement parks, entertainment complexes, or family-friendly attractions. Another viable path is for the local government to initiate man-made tourism projects, similar to what Singapore has successfully done—creating destination attractions despite having limited natural tourism resources.
Moving forward, while Cagayan de Oro’s economy remains strong as a business and service hub, diversifying into tourism-led development could help balance growth, increase visitor stays, generate jobs, and elevate the city from being just a regional hub to a true destination in Northern Mindanao.




