Solano | ||
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Municipality | ||
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Nickname(s): Premier Town of Nueva Vizcaya and Cagayan Valley | ||
Map of Nueva Vizcaya showing the location of Solano. |
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Location within the Philippines | ||
Coordinates: 16°31′26″N 121°11′31″E / 16.52389°N 121.19194°ECoordinates: 16°31′26″N 121°11′31″E / 16.52389°N 121.19194°E | ||
Country | Philippines | |
Region | Cagayan Valley (Region II) | |
Province | Nueva Vizcaya | |
District | Lone district | |
Founded | October 7, 1741 | |
Barangays | 22 | |
Area | ||
• Total | 139.80 km2 (53.98 sq mi) | |
Population (2010) | ||
• Total | 56,134 | |
• Density | 400/km2 (1,000/sq mi) | |
Time zone | PST (UTC+8) | |
ZIP code | 3709 | |
IDD : area code | +63 (0)78 | |
Income class | 1st class; partially urban |
Solano ([1]) is a first class urban municipality in the province of Nueva Vizcaya, Philippines. According to the 2015 census, it has a population of 59,517 people. Solano City is the main commercial and financial center of Nueva Vizcaya.
It has the most number of fast food restaurants in the province, including Jollibee, Greenwich Pizza, McDonald's, Chowking, Mang Inasal, Red Ribbon, Goldilocks and more.
It is also the financial hub of northern Vizcaya, with many major banks such as Metrobank, Banco de Oro, Bank of the Philippine Islands, Philippine National Bank, Landbank, Rizal Commercial Banking Corporation, China Bank as well as rural and regional banks maintaining their presence in the area. Solano has the most number of banks among the municipalities in the entire region with 25 banks.
According to the 2016 Cities and Municipalities Competitiveness Index conducted by the National Competitiveness Council, Solano took the 25th spot overall and ranked 30 among the first class and second class municipalities in the Philippines. This further solidified the status of Solano as the undisputed premier town of Cagayan Valley.
Solano, being the premier town in Nueva Vizcaya and the fastest-growing municipality in the region, is slated to become Cagayan Valley Region's 5th City after Tuguegarao, Santiago, Cauayan, and Ilagan.