Monday, February 1, 2016

Economic Zone to rise in Panabo City

DAVAO DEL NORTE, February 1 (PIA) - - A 63-hectare agri-industrial economic zone breaks ground this morning in Panabo City.

Situated adjacent to the Davao International Container Terminal (DICT), the Anflo Industrial Estate, owned by the Anflo Group of Companies, features a self-sustaining economic zone for manufacturing and warehousing agro-industrial components.

Damosa Land Inc. Vice President Ricardo Lagdameo highlighted that the estate offers stable power supply, clean water for processing, wide road networks and modern drainage system.
Philippine Economic Zone Authority Director General Lilia de Lima and officials of the Anflo Group of Companies led the ground breaking ceremony.

Director General De Lima emphasized that industrial estate can capture those who did not graduate high school but were on working age.

“With this Anflo Industrial Estate, you can hire people as long as they have willing hands to work,” De Lima underscored.

She stressed that for the nation to attain inclusive growth, the country needs to create more jobs that even those who do not have (bachelor) degrees can be accommodated.

De Lima illustrated that these jobs are being supplies through the 337 economic zones nationwide.

Aside from the industrial estate, the Anflo Group of Companies also owns the Damosa IT Park, which hosts at least 6-7 companies on information technology. (PIA 11, Michael Uy)

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