ANFLOCOR expands Panabo industrial estate as Davao Region trade grows

ANFLOCOR Group of Companies is adding new investments in Panabo City, Davao del Norte, as it positions the area north of Davao City as an industrial and logistics hub for Mindanao, according to a company statement published by Mindanao Times.

The group's property arm, Damosa Land, Inc. (DLI), operates the Anflo Industrial Estate (AIE), a 63-hectare economic zone registered with the Philippine Economic Zone Authority. The estate sits about 300 meters from the Davao International Container Terminal (DICT), which is also part of ANFLOCOR. The company said the estate, now in its tenth year, and its locators have drawn an estimated PHP 8.5 billion in combined capital investments.

New activity is expected this year. GMAC Logitech Refrigeration Corporation is adding a cold storage facility at the estate, and another international manufacturing operation that will use Mindanao's agricultural produce is expected to launch toward the end of 2026, the company said. It did not name the second firm.

ANFLOCOR is also developing a cement manufacturing plant with PHINMA's Philcement Corporation. The joint venture plans an annual capacity of two million metric tons, along with bulk cargo handling facilities near DICT, which the company said would strengthen the supply of construction materials in the region.

According to the company, DICT handles an average of 350,000 twenty-foot equivalent units a year, with shipping lines including CMA CGM, SITC, Wan Hai and ONE linking it to ports in China, Taiwan, South Korea, Singapore and Indonesia.

The statement cited Philippine Statistics Authority data showing Davao Region posted USD 1.98 billion in total external trade in the fourth quarter of 2025, up 19.18 percent year-on-year, with exports reaching USD 1.01 billion, a 37.67 percent increase.

DLI president Ricardo Floirendo Lagdameo said Mindanao "has the resources, talent, and infrastructure to play a greater role in Philippine trade," adding that regional hubs can support business expansion outside traditional economic centers.