PANABO CITY, Davao del Norte — Mindanao continues to strengthen its position as an increasingly attractive destination for investment, supported by expanding industries and its growing contribution to the country’s trade. The region’s economy grew by 4.69% in 2025, outpacing the Philippines’ overall growth rate of 4.40%, reflecting the resilience and expanding potential of its regional economies.
Within Mindanao, the Davao Region remains a key economic driver, ranking as the fifth-largest economy in the country. Its growing role in trade further highlights the region’s investment potential, with gross regional domestic product (GRDP) reaching ₱1.14 trillion in 2025. These indicators point to a broader shift: Mindanao is increasingly creating opportunities for businesses and investors willing to take a long-term view of the region’s growth.
Contributing to this momentum is Anflo Industrial Estate (AIE) developed by Damosa Land, Inc. (DLI). It has attracted globally and locally recognized locators such as HEAD Sport for sporting goods production, Novococonut, Inc. for coconut-based food products, and GMAC Logitech Refrigeration Corporation (GMAC) for regional cold chain capabilities. Through the AIE, DLI has helped create an environment where export-oriented businesses can establish and expand their operations, contributing to the region’s evolving industrial and trade landscape.
Today, AIE hosts 24 operational locators, with 70% engaged in export-oriented manufacturing, collectively generating annual export value for the region. These reflect high confidence in AIE’s growing role as a gateway for export manufacturing.
“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,” said DLI President Ricardo Floirendo Lagdameo.
Global manufacturing confidence in the rubber industry
The presence of HEAD Sport at AIE emphasizes the growing confidence in the Philippines’ manufacturing capabilities, particularly in the rubber industry. HEAD Sport, known for producing high-performance tennis equipment and other sports products, operates the world’s largest tennis ball manufacturing facility at AIE. They serve international markets from Mindanao with 3,000,000 dozen tennis balls produced annually.
By establishing operations in Panabo City, HEAD Sport highlights the Philippines’ ability to support specialized manufacturing through its skilled workforce, access to good-quality raw materials, and strategic location within global supply chains.
Adding value to Mindanao’s agricultural strengths
Novococonut Inc.’s presence at AIE demonstrates how Mindanao’s agricultural advantages can support globally competitive value-added manufacturing. As one of the world’s leading producers of coconut-based food products, Novococonut leverages the region’s strong coconut supply chain to produce export-ready products for international markets.
The company’s investment draws focus to the importance of agro-processing in fostering economic growth. This creates opportunities to transform locally sourced agricultural commodities into higher-value products, while strengthening linkages between local farmers, suppliers, and global economies at the same time.
Expanding Mindanao’s infrastructure for food and export industries
Developed through the partnership of Glacier Megafridge, Inc. and AC Logistics, GMAC Logitech Refrigeration Corporation’s (GMAC) facility at AIE strengthens Mindanao’s cold chain capabilities and supports the growing needs of food, agriculture, and export industries.
With a capacity of close to 12,000 pallet positions, GMAC’s facility is the largest and most advanced cold storage facility in Mindanao. The facility enables businesses to enhance product quality, extend shelf life, reduce supply chain inefficiencies, and efficiently transport temperature-sensitive goods across domestic and international markets.
Beyond attracting investments, AIE continues to strengthen its infrastructure and support systems with the recent inauguration of Davao Light’s first 10 MVA substation, with an additional 33 MVA capacity set to be added in its second phase to provide reliable power for its growing locator base. Additionally, the water treatment plant of Manila Water Philippine Ventures aims to produce 1,300 cubic meters of high-quality treated water every day in the estate. By expanding these critical support systems, AIE is helping create the conditions for businesses to scale and for Mindanao to deepen its participation in regional and global trade.
“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,” Lagdameo concluded.
To learn more about Damosa Land and its developments, visit https://damosaland.com/.
