Southern Harvest, Inc., a banana chips processing company of Davao-based businessman Jam Abella and family holds its factory blessing at the 64-hectare Anflo Industrial Estate in Panabo City. The factory will soon begin its operations on July 27, 2020 processing Southern Harvest banana chips for export to Australia, Russia, and China.
In spite of the current COVID situation, the PEZA-registered Anflo Industrial Estate welcomes and celebrates this positive development not only for Southern Harvest, Inc. but for Panabo City and the Davao Region as well. The factory’s opening signifies a resilient and prosperous region despite the pandemic. Businesses are still busy and investors are still investing.
The Anflo Industrial Estate will also have several more of its locators that will be in operation in the next 2-3 months such as Connovate Philippines, PMR Pallet Ltd. Co., and FoamPack Inc. When the pandemic reached levels of concern in the country and the region, AIE quickly responded and implemented strict measures on site to battle the spread of the virus. No instances of COVID-related incidents have occurred and Anflo Industrial Estate has steadily and carefully been able to do business during the quarantine period with the new measures implemented. To date, AIE has a total of 15 locators represented by 5 nationalities.
Southern Harvest, Inc. will start their operations with a daily production of 10 tons which will gradually rise to 75 tons daily once they are fully operational. Recruitment of more workers will be posted soon as the company targets 130 employees for their first factory.
Love this article? Please Share 🙂
Related News
Why Locate in a PEZA-Registered Special Economic Zone
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
Mindanao is open for business
Is safety an issue in Mindanao? For owners and executives of large companies that are searching for novel opportunities to expand business, this is a
Why international companies need to invest in ASEAN, especially, the Philippines
Setting up business operations in ASEAN [Association of Southeast Asian Nations] is a smart move. Given the 10 Member States, global companies therefore have options. However, business leaders must be discerning of which ASEAN nation to invest in by determining which specific national economic landscape can help to realize operational goals such as productivity and cost efficiency – and the Philippines may be a prime candidate here.
