With the use of their most essential tool, the bow and arrow—"pana-sa-boboy" as they call it—they hunted for food which primarily consisted of rootcrops and meat of wild boars.[5] Settlers and pioneers from the Visayas and Luzon started to flock the place during the early 1900s in search of a new life in the region.When the first batch of settlers arrived on the place, in what is now the urban core of the city, they found out that it was already a thriving community, and thus called it Taboan, or trading center.The town of Panabo grew both in economic terms and population as decades passed since the founding of TADECO and numerous businesses were then set up locally, until the conditions finally warranted for its conversion into a city.The local government unit of Panabo was created into a component city of Davao del Norte by virtue of Republic Act No.Public infrastructure includes the Freedom Park which features a unique banana inspired fountain sculpted by the world class artist Kublai Millan.