A DUTCH company is set to locate within the Anflo Industrial Estate (AIE), a special economic zone in Panabo City owned and operated by Anflocor Group of Companies, early next year, a top executive said.
Damosa Land Inc. (DLI) vice-president Ricardo “Cary” Floirendo Lagdameo told reporters Thursday evening, November 24, at the sidelines of Damosa Christmas Tree Lighting ceremony that the new locator is Phildutch Polymer, Inc., a company engaged in industrial machinery and equipment and processing plastic polymers.
The new locator of AIE, Lagdameo said, is the first company locating in the property that is outside in the Anflo group. The Philippine Economic Zone Authority (Peza)-accredited property currently has five locators including Davao International Container Terminal (DICT).
“What we are happy about is it is a foreign company, it is a sign of confidence (of investors) in our project in Davao region and more importantly in the Philippines,” he said, adding that the firm just had its ocular inspection last week.
The Dutch company will initially occupy a half hectare of the property for its initial operations by the first quarter of 2017.
The P1 billion AIE is a 63-hectare, three-phased self-sustaining ecozone for manufacturing and warehousing agro-industrial components. For the first phase (22 hectares), Lagdameo said they target about 20 locators.
AIE is duly licensed by the Philippine Economic Zone Authority (Peza) and proclaimed by the Office of the President as a Special Economic Zone.
The estate will offer land and ready-built factory buildings/warehouses for sale and lease in various sizes to suit locators’ needs.
AIE will feature safety measures such as a suitable perimeter fence, CCTV, and 24/7 security. Peza facilities and a central administration building with meeting rooms will be constructed within the area to house its service team.
“We are hopeful that with the influx of investments coming in the region, we will be filling in the area thereby creating thousands of jobs and a vibrant economy,” he said.
Last November 7, AIE officially received the nod of the Housing and Land Use Regulatory Board to sell its land spaces.