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.
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.
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 had reached levels of concern in the country and the region, AIE had quickly responded implemented strict measures on site to battle the spread of the virus. No instances of COVID-related incidents have occurred and AIE 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.
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.