DAVAO CITY — Key players are bullish on Davao Region’s construction industry with major public infrastructure and private developments lined up.

“Davao has the most promising lineup of infrastructure developments and renovations in Mindanao and this has attracted both local and foreign investors,” said Ramon F. Allado, event chairman of the three-day 8th Philippine Construction (Philconstruct) Show slated Sept. 8-10 at the SMX Convention Center.

It is being held simultaneously with the 11th Manufacturing Technology Davao Expo.

The event will feature more than 350 companies carrying top brands in building materials and construction equipment. Over 13,000 visitors are expected to participate.

Patrick Lawrence C. Tan, Globalink Events International, Inc. chief executive officer, said one of the highlights of the show is the outdoor display of 70 large machinery and construction equipment not only from Manila but also from Germany, South Korea, Europe, and China.

He pointed out that the construction sector needs more modern machinery and equipment to handle most of the work given the continued shortage of skilled manpower in the region due to the migration of workers to Manila or abroad.

Among the public infrastructure and private projects lined up are: P46-billion Davao City Bypass Road, to be funded by the Japan International Cooperation Agency, which will be implemented starting the first quarter of 2018; P34.5-billion Davao City Coastal Road project spearheaded by the Department of Public Works and Highways; P20-billion Azuela Cove, a mixed-use estate which will be built by Aviana Development Corp., a joint venture of Ayala Land, Inc. and the Alcantara and Sons (Alsons) Group, with a time frame of 2017 to 2021; and the P5-billion St. Luke’s Hospital, which will start construction next year and is targeted for completion by 2020. — Carmencita A. Carillo

RELATED ARTICLESMORE FROM AUTHOR