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2010-07-30First-class Hotel To Rise In Cdeo
by Ian A. Fuentes/city Information OfficeA first-class hotel will soon rise in Cagayan de Oro City.
This was revealed by City Mayor Vicente “Dongkoy” Emano during his weekly radio program yesterday, saying that a Manila-based investor has expressed keen interest to bankroll on the proposed hotel project. “He (investor) will definitely put up a very high-end hotel in Cagayan de Oro City,” Mayor Emano assured. “This (proposed hotel) is comparable to the best in Metro Manila,” the City Mayor added. Though he did not divulge the name of the investor, Mayor Emano hinted that the said investor, whom he met several times at his office during the latter’s frequent visits to the city, has a ‘very large businesses in Cagayan de Oro City’. Mayor Emano said the investor will not solely finance the construction of the hotel project, but will also rely on the capital investment from his foreign partners. (City Information Office)
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