December 11-16, 2008 Pelaez Sport Center, Cagayan de Oro City hosted The 3rd Philippine Olympic Festival. Misamis Oriental Governor Oscar S. Moreno officiated the opening of the Olympic and successfully opened with the presence of Jose S. Cojuanco Jr., President of POC and some of the politicians coming from different places all over the country to support the event.
The usual Olympic way torch relay was carried by athletes entering the newly developed Pelaez Sports Complex passing through complex ground to Olympic cauldron. The event was ended by fireworks display which amazed everyone.
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