Connovate Philippines, Inc. (CPI), a high performance, green construction solution, started its manufacturing operations in the Anflo Industrial Estate (AIE) in Panabo City. The factory is the first of its kind in Mindanao for the Danish property technology. Connovate Philippines is the fourth locator in AIE to start its operations in 2020. CPI is leasing a 1,000 sqm Ready Built Facility in AIE for its operations.
The Board of Investments announced last December 1, 2020 that it authorized Connovate Philippines Inc. (CPI) to proceed with the P92-million investment. The factory is expected to deliver 47,763 square metersof concrete panels per year.
Connovate Philippines, Inc. introduced the first Ultra High Performance Precast Technology to Mindanao homeowners. It produceseco-friendly precast concrete panels with a 100year material lifespan.The new CPI factory in Davao caters to the growing demandfor high quality housing in the region.Connovatemanufactures building panels that are durable, sustainable, mold-free, and earthquake and fire resistant to supply various developments in Mindanao.
Following the signing of a Memorandum of Agreement (MOA) between Damosa Land, Inc. (DLI) and Connovate Philippines, Inc. last May 6, 2019, CPI started supplying these eco-friendly concrete building panels toDLI’s latest subdivision in the Davao Region, Ameria. Ameria is the first premier subdivision in Davao Del Norte within Agriya, the first master planned agri-tourism township development in the Davao Region.
In 2020, several other companies started their operations in Anflo Industrial Estate despite the COVID-19 pandemic. Among these companies are Southern Harvest, Inc., PMR Pallet Management Company, and Foampack Inc, bringing the total number of operational locators within the zone to 11. AIE also constructed and opened more industrial lots and ready-built facilities/warehouses within the agro-industrial park to cater to the demand of industrial spaces in the country. Last December 2, AIE held its blessing and opening of additional ready-built facilities as it continuously expects rising demand in the warehousing and logistics sectors despite COVID-19 due to the increase in e-commerce businesses.
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.
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.