Business

2 industrial parks eyed in Davao City

Sunnexdesk

THE Davao City Investment Promotions Center (DCIPC) is eyeing the establishment of two industrial parks in Davao City.

The two identified areas are an 80-hectare land in Bunawan- Tibungco area and a 25-hectare property in Daliao, Toril.

Christian Cambaya, unit head investor assistance and servicing of the DCIPC, said they have identified a privately-owned land in Tibungco and Bunawan that is fit for an industrial park.

“These are largely industrial areas in Tibungco and Bunawan and these areas are actually feasible because this is close to our port, the Davao Sasa Port for faster and easier facilitation of cargoes. That is the requirement of ecozones,” Cambaya said.

And of the other potential industrial park, Cambaya said the 25-hectare national government property in Daliao, Toril has been identified as a potential site for an ecozone.

“It is actually owned by the National Development Company one of the line agencies of the Department of Trade and Industry, there is an ongoing negotiation right now between the City Government of Davao and the National Development Company because the city is going to acquire that 25-hectare property,” Cambaya said.

According to him, once the City acquires the property, one of the plans is to develop it into an industrial park.

“One of the minimum areas for an industrial park according to the Philippine Economic Zone Authority is at least 25 hectares,” Cambaya said.

He said they will be conducting a feasibility study on the two identified locations for industrial parks. Cambaya said the city is earmarking a P2 million budget for the conduct of a feasibility study.

He said the study will also determine what industrial park is suitable for the identified area, either for manufacturing or an agro-industrial zone. PIA-DAVAO/RGAlama

Minimum fare ‘to skyrocket’ to P40 from P15

Green light for Osmeña Blvd. sidewalk improvement

ERC to suspend operation of Wholesale Electricity Spot Market

Marcos directs review, adjustment of regional wage rates

Ex-PDEA agent claims legitimacy of docs linking Marcos to illegal drugs