Agro-industrial estate invites more investors
ANFLO Industrial Estate (AIE), a 63-hectare land touted by Damosa Land Inc. (DLI) as the Philippines’ premier agro-industrial facility, is opening up more investment opportunities, especially in the manufacturing, export, and agri-business.
DLI head Ricardo Lagdameo said the park is designed to accommodate both local and foreign investors engaged in the “value chain of agribusiness.”
The park is also accredited by the Philippine Economic Zone Authority as an ecozone.
The park has currently signed deals with 14 local and foreign locators, namely, Packwell Inc., Davao Zhenzhi Plastics Corp., Manly Plastics Inc., First Panabo Tropical Foods, Del Monte Philippines, PhilDutch Polymer Inc., Lane Holdings Inc., Fermon Corp., Southern Harvest, Connovate, Davao Packaging Corporation (Dapacor), Cameco Realty and Development Corporation (Cameco), Pacific Manufacturing Resources and the Davao International Container Terminal.
Currently, the foreign companies that are in the AIEC came from Japan, China, Netherlands, and United States.
“We have food processing companies, packaging companies that are providing packaging for the agro-industrial companies. We even have pallet manufacturing companies used in the agri-businesses,” said Lagdameo.
Lagdameo said they have prepared the possible necessities of the potential investors.
“Right now, we still have enough lands. We are providing a good, secure environment. All the roads have been built out, power is being provided by Davao Light, water connections, sewerage, transport terminals, and even transportation to bring workers from the factory to these transport terminals,” he said.
The first phase, which is a 22-hectare land, is already 90 percent sold or less than three hectares remain unsold, but Lagdameo said they are on the process of developing the second and third phases.
“For the next two phases, we are already starting to build infrastructure in preparation for companies that might also need larger areas. That is about 30 hectares,” said Lagdameo.
He also bared the company’s plan to build additional ready warehouses and support the manufacturing and processing companies need for a cold storage facility.
“There are a lot of manufacturing companies here in the Davao Region and most of them if not all really require cold storage. There is really a strong demand all over the country to have a cold storage,” he said.
“This is the right time to do the project because there are a lot of economic growths that we see here,” he added.
Lagdameo projected that all the phases will be completed by 2020-2021.
Original Article Published in SunStar on October 4, 2019
Written By: Robert Gumba Jr.
Article Link: https://www.sunstar.com.ph/article/1826126/Davao/Business/Agro-industrial-estate-invites-more-investors?fbclid=IwAR1xSZBksmuqbnNMY4lQCxOB88MaZD6PDZF1xm9f1CYSv08aY9NSnyCOUTI