As businesses across the Philippines reel from the effects of the COVID-19 pandemic, Damosa Land Inc.’s Anflo Industrial Estate Corporation (AIEC) in Davao del Norte is firing up economic activity, opening an estimated 500 new jobs after four more locators launched their operations last month.
Local companies Southern Harvest, Inc., a banana-chips processing and packaging company, Foam Pack, a foam manufacturing company that produces foam products used in the agricultural industry, PMR Pallet Ltd. Co., a pallet manufacturing company, and Connovate Philippines, a corporation that uses high-performance concrete building technology for construction, are the newest addition to the agro-industrial hub.
“Even amidst the pandemic our nation faces, AIEC continues to see a boom in construction, with most new locators on track to open their facilities by the end of the year,” said Damosa Land Inc. (DLI) head Ricardo “Cary” Floirendo Lagdameo.
Meanwhile, the nearby Davao International Container Terminal (DICT), which is a sister company of AIEC, is operating at full capacity.
The 15-hectare seaport has an annual capacity of 800,000 twenty-foot container units.
DICT is a joint venture between Anflo Management and Investment Corp.(AMIC) and Dole-Stanfilco, the leading producers and exporters of fresh Cavendish bananas in the Philippines.