FLOIRENDO AGRO ESTATE GETS PERKS
Anflo Management and Industrial Corp. (Anflocor), which broke ground last week on its P695-million, 52.5-hectare agro-industrial estate in Davao del Norte, has obtained incentives with the Philippine Economic Zone Authority (PEZA).
Lilia de Lima, PEZA director-general, said the investment of the Floirendos on an industrial estate will attract locators in fruit processing due to the proximity of the property to a port, the Davao International Container Terminal (DICT), also operated by Anflocor.
Located in San Vicente, Panabo, the industrial estate will also complement Anflocor’sTagum Agricultural Development Co., Inc. which is the Philippines’ largest producer and exporter of bananas.
DICT is currently being used by other fruit growers like Dole for shipping its produce.
Anflocor manages businesses engaged in agriculture, container port terminal operation, packaging production, real estate, trucking, resort development, food production and services, merchandising, financing, and radio operation.
It also has joint ventures with other respected local companies to expand its operations into mall, hotel and urban residential development.