Updated: Oct 9, 2019 A scion of the banana-growing Floirendo family is redefining the real estate sector in the Davao Region by combining housing and
Companies expand in Damosa’s AIEC
Damosa Land Inc.’s premier agro-industrial hub Anflo Industrial Estate Corp. eyes more investments as large international contingents flock to Davao City.
Well-known foreign manufacturers have chosen to expand their Philippine operations in AIEC’s 63-hectare Philippine Economic Zone Authority-approved ecozone.
“After seeing the industrial parks in the country, we saw an opportunity to leverage our mother company Anflocor’s strength in agriculture and endeavor take on the role as the industry’s innovator,” said DLI head Ricardo “Cary” Floirendo Lagdameo.
Among the line-up of companies located in AIEC is the global brand Del Monte, which is considered as one of the world’s largest agricultural companies. Packwell, a Japan-based global leader in the design, manufacture and sale of quality paper packaging containers to famous brands such as Godiva Chocolates and electronic-tobacco maker IQOS is also putting up its manufacturing plant in the ecozone.
On the local level, homegrown companies such as First Panabo Tropical Foods of Sagrex, have also decided to locate in AIEC. AIEC also forged a partnership with plastic manufacturer Manly Plastics Inc. to occupy a 1.1-hectare land.
Original Article Published in Manila Standard on October 5, 2019
Written By: Manila Standard Business
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