In an effort to attract new investments for the city, two major players of the wholesale and retail chain industry opened branches recently in Oroquieta thereby boosting the city’s economic conditions for the last quarter of 2013. Cebu based Prince Warehouse Club Incorporated opened their branch located at Barrientos Street and CamSur Department Store along Rizal Street in Oroquieta City.
While Prince Warehouse Club intends to serve the Mindanao market through their wholesale and retail merchandise, CamSur features an array of consumer goods and grocery items. Their 3 storey building along Rizal Street is equipped with an escalator to make shopping comfortable. It also comes with a comfortably luxurious but affordable hotel, the internationally famous Asia Novotel, located on the 3rd floor just overlooking Iligan Bay.
On December 14, 2013 Prince Warehouse Club formally opened branch in Oroquieta City its 2,300 sqm. superstore facility at Barrientos street. In the afternoon Novotel of CamSur chain formally opened their hotel operations. No other than Oroquieta City Mayor Jason P. Almonte in behalf of the people of Oroquieta led the twin opening ceremonies. He personally welcomed and thanked the two big businesses for their investments and contribution to the economic development of the city and the job opportunities it provided for the people.(sidlak)gls