PANABO CITY, Davao del Norte — Damosa Land, Inc. (DLI), a homegrown Mindanao developer, celebrates with GMAC Logitech Refrigeration Corporation as it launched its third and largest cold-storage facility in Mindanao at the Anflo Industrial Estate (AIE) in Panabo City, Davao del Norte. The new facility brings together advanced logistics and cold-chain expertise to strengthen the Philippines’ food supply and export capabilities.
A joint venture between Glacier Megafridge, Inc. (GMI) and AC Logistics, GMAC’s launch signals its strategic expansion and confidence in the Southern Philippines, strengthening the region’s cold chain infrastructure at a critical time for agricultural exports. As operations commence, the facility is projected to generate approximately 119 jobs, creating direct roles in operations, engineering, quality control, and logistics.
“The entry of GMAC Logitech Refrigeration Corporation into AIE highlights the continued confidence of leading industry players in Mindanao’s growth potential,” said Ricardo Floirendo Lagdameo, president of Damosa Land, Inc. “This will be a welcome addition to the Davao Region and will also benefit the surrounding provinces. Our goal is to provide an end-to-end solution for customers who can now come directly to Davao del Norte when servicing Mindanao, given the availability of an efficient port facility and an industrial park that complements the new facility.”
“Logistics remains a challenging element in the archipelagic geography of the Philippines, with 39% of GDP spent on the sector—one of the highest rates in the Southeast Asian region,” said Erry Hardianto, CEO of AC Logistics. “There is also significant price disparity between goods available in the provinces and the prices paid by consumers in Luzon, resulting in a substantial price gap. To address this national challenge, GMI and AC Logistics formed GMAC in 2021.”
A decade of powering agribusiness and exports
Over the past decade, AIE has strengthened the value chain supporting Philippine banana exporters and other high-value crops, enabling efficient storage and logistics solutions that connect Mindanao producers to international markets—banana exports alone grew by 26% in 2025. GMAC’s new facility further boosts perishable goods handling capacity in Davao del Norte and nearby provinces, supporting banana and other crop exporters amid rising demand and helping maintain product quality to meet strict international standards.
In addition to agricultural products, GMAC serves as a central hub for the storage and distribution of processed meat, both for import and export, across Mindanao, which ensures reliable distribution, consistent product quality, and support for the region’s growing food supply network.
Located within AIE, GMAC benefits from a strategically positioned, fully-integrated estate near key ports and production areas—enabling faster turnaround times and more efficient import and export logistics.
“This facility drives collaboration and shared resources to strengthen the food chain. With the capital support and technical expertise from Ayala, together with the land and corridor development led by Damosa Land and the strategic collaboration among DICT, AIE, and GMAC, we are creating a powerful logistics ecosystem where goods move at the right time, place, and cost,” said Arturo C. Yan, president and CEO of Glacier Megafridge, Inc.
Driving foreign investment and industrial diversification
Beyond agribusiness, AIE has evolved into a key destination for foreign direct investments, anchored by the HEAD Sport tennis ball facility, which has boosted Mindanao’s rubber industry and generated jobs across related sectors. Alongside food processors like Thai Coconut Public Company Limited’s (COCOCO) coconut milk plant and other upcoming developments, these locators underscore AIE’s commitment to industrial diversification aligned with the region’s core strengths.
For GMAC’s expansion, the facility will have 11,728 pallet positions—the company’s largest in Mindanao, which can simultaneously house different temperature ranges, including products that are more sensitive and those that require a more controlled environment. This enables it to accommodate a broader mix of industrial tenants and enhance appeal to both local and foreign investors. With this scale, the facility further strengthens supply chain efficiency and supports the seamless operation of diverse industrial activities within AIE.
“The past decade affirms the power of long-term vision matched with disciplined execution,” Lagdameo added. “Moving forward, AIE will build on this momentum to welcome new industries and investors, generate quality employment, and further anchor Mindanao’s role in national supply chains and global trade networks.”
Established in February 2016, the 63-hectare agro-industrial hub was envisioned to strengthen Southern Philippines’ position as a competitive investment destination. A decade later, AIE stands as one of Mindanao’s premier industrial estates—home to a growing mix of local and multinational locators across various industries—fueling job creation, investments, and regional economic progress.
