
China plastics packaging firm signs industrial zone lease in Panabo City
A CHINESE plastic packaging company has signed a location agreement with an industrial zone operator in Panabo City, Davao del Norte, the industrial zone’s operator said.
Anflo Industrial Estate kicked off the year 2021 in an online event last January 29, 2021, and present to share their expertise and knowledge in the real estate industry were speakers, Mr. Ricardo F. Lagdameo, First Vice President of Anflo Industrial Estate Corp. and Mr. Joey Roi Bondoc, Associate Director of Colliers International Philippines.
The Anflo Industrial Estate (AIE) is dubbed as “the Philippines’ Premier Agro-Industrial Hub”. Following its PEZA accreditation in 2015 and launch in 2016, AIE welcomed several local and foreign locators such as Del Monte Fresh, Phildutch Polymer, PMR Pallet, Packwell, and Manly Plastics.
Within the span of five years, 33 hectares have been developed including 2.1 hectares of ready-built facilities and warehouses and 2.06 km of roads. Despite the pandemic, anflo industrial estate has continued expansion through the development of a main spine road and two ready-built facilities. Mr. Lagdameo reported a total of 15 locators to date, 5 nationalities represented and a total of 600 employees already in the park. Among these locators, four of them were able to start their operations in 2020. These locators included Davao Zhenzhi Corp., PMR Pallet Ltd. Co., Southern Harvest, and Connovate Philippines. Japanese paper packaging company, Packwell, Inc., started construction in the park during the pandemic.
At just 289 employees at the start of January 2020, Mr. Lagdameo reported that it now has 600 agro industrial employees working within the estate. An increase in vehicle traffic was also reported from 381 at the beginning of last year to 543 vehicles. AIE launched a guided and virtual tour as an initiative to showcase the project as the pandemic pushed the estate towards strengthening online platforms. In November 2020, AIE brought home the coveted Best Industrial Development at the 8th PropertyGuru Philippine Property Awards with it being a true testimony of AIE’s resilience amidst the pandemic.
Mr. Lagdameo also reported several exciting projects planned for 2021 including the launch of their commercial area through a one-storey commercial building and completion of its much awaited, cold storage facility. AIE also reported that its sister company, Davao International Container Terminal, Inc. (DICT), a world-class port terminal facility just 300 meters away from AIE, is currently expanding its berth and will be operational by March 2021.
Anflo Industrial Estate is a 63-hectare industrial Special Economic Zone registered under the Philippine Economic Zone Authority. It is the Philippines’ Premier Agro-Industrial Hub. Located strategically between two major economic hubs, Davao City and Tagum City, AIE is positioned and designed to further develop the vast potential of the agro-industry of the Davao Region and Mindanao by providing a ready market for the region’s agri-produce and efficiently exported to the rest of the world. Only 300 meters away from AIE is the Davao International Container Terminal, Mindanao’s premier container terminal for the efficient import and export of mainly agricultural products such as bananas, pineapples, etc.
A CHINESE plastic packaging company has signed a location agreement with an industrial zone operator in Panabo City, Davao del Norte, the industrial zone’s operator said.
WITH the increasing investors’ interest to do business in Mindanao, a Davao City Chamber of Commerce and Industry, Inc. (DCCCII) executive said there is a
Fiscal Incentives In PEZA-registered SEZs, qualified companies located inside the SEZ get a 100% tax exemption via a 4-6 year initial income tax holiday. Upon