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Davao refers to several places in Mindanao in the Philippines. The term is used most often to refer to the city. * Davao Region, the administrative region * Davao del Norte province * Davao del Sur province * Davao Oriental province * Davao City * Davao Gulf * Davao River * Davao International Airport * Silicon Gulf Davao City is one of the most important cities in the Philippines and the de facto capital of the island of Mindanao, it is also the largest city in the Philippines in area. Its international airport and seaport is one of the busiest cargo hubs in the Southern Philippines. Davao City is also one of several cities in the Philippines that are independent of any province though it is usually grouped with Davao del Sur for statistical purposes. The city is also the regional center for Davao Region (Region XI). It is one of the world's largest cities in terms of land area, occupying more than 2,400 square kilometers. Davao City has a population of around 1.3 million people but an estimated 2 million people are in the city during the day for work and other activities. Davao City is located at 7°30' North, 126°0' East (7.5, 126.0). [1] According to the 2000 census, it has a population of 1,147,116 people in 240,057 households. It is currently known as a center of BPO operations in the Philippines. The city is projected to rake in at least 5 billion US dollars in annual revenue by 2010, according a CITEM report. Some famous world class universities can be found in Davao: such as University of the Immaculate Conception(The oldest university in Mindanao), Ateneo de Davao University, University of Mindanao and University of the Philippines-Mindanao.