Damosa Land Inc. (DLI), a trailblazer for sustainable real estate, signed a 25-year partnership with Manila Water Philippine Ventures, Inc. (MWPV) to develop and manage additional water facilities for Anflo Industrial Estate (AIE). MWPV will be investing at least PHP 150 million for the development, financing, construction, operation, and management of the water system of AIE. This sustainable solution to the overall business operations of DLI aligns with their vision for efficient water usage to reduce costs despite increased demand.
Anflo Industrial Estate (AIE) is a 63-hectare property located in Panabo, Davao del Norte. It is DLI’s industrial development for trade and agriculture with 19 existing locators who are local and multinational companies from Japan, Austria, China, and the USA. The AIE services a variety of industries such as food processing, plastic packaging manufacturing, paper packaging assembly, and warehousing.
The partnership with MWPV brings in additional water facilities to be integrated into the existing system to meet the projected demand of 2.6 million liters of water per day.
“Damosa Land recognizes the importance of having a reliable water supply system for our locators to ensure efficient day-to-day business operations over a long period of time. Our partnership with the MWPV helps us further accelerate our sustainable operations at the Anflo Industrial Estate and upraise the industrial segment of Davao for our current and future locators,” shares Damosa Land President Ricardo “Cary” Lagdameo.
Partners for sustainable progress
Colliers shares its positive outlook for the industrial sector in its Q2 2022 Philippine Property Market Report with growth in e-commerce and manufacturing to sustain warehousing demand while data centers as potential industrial space locators beyond 2022. As a self-sustaining ecozone in the heart of the Davao Region, AIE is poised to harness sustainable opportunities in the industrial sector and meet the demand for more locators and investors. Furthermore, DLI’s sustainability practices attract Direct Foreign Investments (FDI) and boost regional economic growth not just in the AIE but also in their other developments such as Damosa IT Park, the first PEZA-registered IT facility in Southern Mindanao, and Damosa Diamond Tower, an EDGE-certified commercial building that both meet the demands for investors seeking sustainable real estate practices.
MWPV, a business unit under Manila Water Company, explores potential projects in both water and environmental services with focus on geographic expansion given the increasing demand for sustainable water and used water solutions. With extensive experience in the Philippine Water Sector from water treatment and distribution to wastewater management and sanitation services, MWPV expands their products and services in Mindanao.
“As we look for opportunities to expand our services beyond the East Zone of Metro Manila and Rizal Province, we look towards the growth in the Visayas and Mindanao regions where active developers like Damosa Land, together with their visionary president, Mr. Cary Lagdameo, share a common vision of ensuring water security and availability to all Filipinos,” says Manila Water Chief Operating Officer for International Businesses and Chief Administrative Officer Roberto Jose R. Locsin.
“It would be a great honor and privilege for us in Manila Water to fulfill this vision whether through serving them via industrial opportunities like the Damosa Land Industial Estate or through future opportunities within the Davao region where we can share our experience and expertise in water and wastewater management to the people of Mindanao,” adds Locsin.
“Guided by the expertise of Manila Water, Damosa Land can ensure effective business operations for Anflo Industrial Estate that in turn, also greatly contributes to the overall economic activity in the Davao Region. Moreover, we strive to seek partnerships that enable progressive sustainable real estate practices to ensure the development of communities wherein our properties are present,” adds Lagdameo.#
[1] Q2 2022 Philippine Property Market Report – Industrial, Colliers
About Damosa Land
Damosa Land, Inc. (DLI) is a premier real estate and agro-industrial developer in Davao, the property development arm of the ANFLOCOR Group, which has been at the forefront of development in Mindanao. DLI continues to evolve into a company with intense pursuits of achieving valuable innovations in the real estate industry. Powered by an inspired, dynamic and proactive organization, Damosa Land, Inc. assures Mindanao of enhanced real estate experiences for years to come.
About Manila Water Philippine Ventures Inc.
Manila Water Philippine Ventures Inc. (MWPV) is the designated vehicle for expansion initiatives within the Philippines. With focus on the geographic expansion, its mandate is to create partnerships across the country while leveraging on the track record set by the existing subsidiary businesses which includes Clark, Laguna, Boracay, Cebu and Tagum. Estate Water, a division under MWPV which started in 2016, was established as a dedicated business unit to venture in business-to-business opportunities, specifically in the property development sector. It holds expertise in the construction, development, management, and operation of water and used water systems.
