Food manufacturers considering Anflo ecozone
FOREIGN AND local food manufacturers and processors have expressed interest to locate at the 63-hectare Anflo Industrial Economic Zone (ecozone) in Panabo City, according Damosa Land, Inc. (DLI) Vice-President Ricardo F. Lagdameo. The ecozone, managed by DLI’s sister company Anflo Industrial Estate, is located beside a DLI mixed-use project. Mr. Lagdameo said they are in talks with more foreign firms, but he is optimistic that there will also be local companies coming in. “The likelihood that the next investor would be foreign is high. But there are several local companies that have expressed interest and these are mostly in food manufacturing and processing as well. I would like to see more local food manufacturer and food processor locating because it is also a sign of how they are leveling up their businesses,” Mr. Lagdameo told the media in a recent interview. At present, the sole local locator at the ecozone is Sagrex Foods, Inc., which is setting up a facility for frozen plantain for export. — Maya M. Padillo