Damosa Land, Inc. (DLI), the property development arm of the Anflocor Group, said its Anflo Industrial Estate (AIE) in Panabo City, Davao del Norte, now has 24 operational locators — companies that have set up operations within a designated industrial park — with 70% of them engaged in export-oriented manufacturing.

In a statement issued on Wednesday, the company identified the estate's locators as including sporting goods maker HEAD Sport, coconut-based food producer Novococonut, Inc., and cold-chain operator GMAC Logitech Refrigeration Corp. (GMAC).

"Anflo Industrial Estate is positioned to provide long-term growth potential while capitalizing on Mindanao's unique economic strengths. As companies continue to diversify their manufacturing footprint, we see growing opportunities for the region to become an integral part of global value chains," Damosa Land President Ricardo Floirendo Lagdameo said.

HEAD Sport operates a tennis ball manufacturing facility at the estate that produces 3 million dozen tennis balls annually for export markets, according to Damosa Land. Novococonut manufactures coconut-based food products for international markets, while GMAC runs a cold storage facility with capacity of nearly 12,000 pallet positions, a measure of the individual storage slots in a refrigerated warehouse. GMAC was formed through a partnership between Glacier Megafridge, Inc. and AC Logistics.

On infrastructure, AIE recently inaugurated a 10-megavolt-ampere (MVA) Davao Light substation, with an additional 33 MVA of capacity planned for a second phase. Manila Water Philippine Ventures is likewise developing a water treatment plant at the estate that is expected to produce 1,300 cubic meters of treated water per day. That utility buildout is central to how industrial estates serve their tenants, since manufacturing and cold-storage operations depend on stable power and water supply, and the second-phase substation and the treatment plant are the estate's announced next steps for expanding that capacity.

Damosa Land cited figures showing Mindanao's economy grew by 4.69% in 2025, outpacing national economic growth of 4.4%. The Davao Region, the country's fifth-largest regional economy, recorded gross regional domestic product (GRDP) of P1.14 trillion in 2025; GRDP measures the total value of goods and services produced within a region during a given period.

"As Mindanao continues to gain momentum as an investment destination, AIE is positioned to become an increasingly important driver of export-led industrial synergy in the region. By connecting global companies with Mindanao's resources, talent, and infrastructure, the estate showcases the potential of regional industrial development to forward economic progress," Mr. Lagdameo said.

— Juliana Chloe A. Gonzales