The Anflo Industrial Estate opened eight (8) new warehouses on March 28,2019 during the Blessing Ceremony at the AIE compound, Barangay San Pedro & San Vicente, Panabo City.
“We are celebrating progress,” said Vice President of Damosa Land, Inc, Ricardo F Lagdameo. The AIE is a 63-hectare world class industrial park in Mindanao designed to become a self-sustaining Special Economic Zone duly licensed by the Philippine Economic Zone Authority (PEZA) proclaimed by the Office of the President.
On the first phase of the project alone, the AIE has sold and leased 85% of its properties. Lagdameo also highlighted that the AIE investors prioritise Panabo’s workforce through the city’s Public Employment Services Office.
In return, Mayor James Gamao of the City of Panabo acknowledged the diligence and leadership of Lagdameo for the development of the Industrial Estate. The present locators were also given due recognition by Mayor Gamao for choosing Panabo City as their investment hub.
Two more phases are prepared to be built in the coming years. Today, AIE has 15 existing warehouses managed by different investors.
The AIE is an ideal Industrial park in the Davao Region for its close distance to the Davao International Container Terminal and its access to north and southbound highways.
