A broader look at today\u2019s business
The Cagayan De Oro local government unit , touted as a major gateway and logistics hub in Mindanao, said it will adhere to the measure which enjoins LGUs to suspend the collection of fees on vehicles transporting goods, stressing the measure is intended to “keep things moving.”
Raagas also said the CDO LGU won’t be affected by the suspension of collection of pass-through fees on LGUs considering that the city is a logistics hub where a lot of traders pass through. A document obtained from the investment forum explained that CDO, as a highly urbanized city, has a “well-developed” infrastructure backbone; excellent connectivity to major production areas and markets through the presence of an international port and multi-berth base port, an international-standard airport, and extensive inter and intra-city road networks.
Goking pitched CDO as a “major gateway and transshipment hub in Mindanao.” In fact, the investment pitch document unveiled the trading gateways of Northern Mindanao. As for trade through aviation, CDO has the Laguindingan Airport, which services air logistics requirements, while an extensive inter- and intra-city road network leads to and from the major production areas and markets of Mindanao.
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