Investing in Davao

These things are something of a dream... a lifetime wish, if you could call it that. But then, I have much of a lifetime to expend, yet!

Then again, there's always the possiblity of a consortium. Makes things easier hehehe =)

Click here for more details of Davao's anticipated developments. But for now, here's a pick of the ones I would like to have a shot at, given the chance...

1. Food Terminal Complex, P 230 Million
The project is being proposed by the National Development Corporation or NDC which owns the property located near the Davao Fishport Complex at Daliao, Toril.

It aims to gain competitive edge among the EAGA countries through the establishment of a modern facility that will serve as consolidation, processing, packaging, storage and distribution center for the farm produce within and coming in to Davao City and to accommodate the growing numbers Mindanao, Philippines, Davao, Tourism, Dabawenyo, Government, Mayor, Information, Business, Corporation, Investment, Company, Proprietorship, Partnership, Disclosure, Rodrigo "Rody" Duterte, Lungsod Ng Davao, Trade, Center, Food, Terminal, Prospectiveof traders and bulk sales of agri-produce in Davao City.

The project will have 7 components (trading center, cold storage facility, food processing center for value adding activities, dry storage warehouse, cargo handling and trucking, commercial or industrial spaces for lease or sale, and common-bonded warehouses for trading activities.


Prospective Locators will have the Following Options for Ownership of the Facilities:

a. Lease to own. Locators will pay a monthly amortization cost to the proponents for a maximum of 25 years to fully own the property in the complex;

b. Outright purchase from proponents. However, the sale to the locators shall be subjected to certain conditions to ensure proper utilization of the complex;

c. Invest in stocks. This is with the assumption that the proponents decide to create a corporation with developers and other prospective stockholders that will manage the complex.

3. Proposed 23-km Coastal road, P 500 – 800 Million
This project is a 23-kilometer road that will start from Toril (a sub-urban area in Southern Davao) down to Cabaguio (a 4-lane road) across the Magsaysay Park. The construction of this coastal roadMindanao, Philippines, Davao, Tourism, Dabawenyo, Government, Mayor, Information, Business, Corporation, Investment, Company, Proprietorship, Partnership, Disclosure, Rodrigo "Rody" Duterte, Lungsod Ng Davao, Trade, Center, Food, Terminal, Prospective will include toll ways and a center median wide enough to accommodate the piers for the Light Rail Transit system. Depending on the cost of lot acquisition since the project covers areas that are privately owned, the project may range from P500m to P800m.


4. Seaport Expansion Facilities
Modern facilities for the city’s seaport are needed with continuous increase in trading. A modern seaport will also complement the growing export-related manufacturing industries in the City.

8. Davao City Sports Complex, P 600 Million
The project aims to create an environment-friendly complex such as indoor / outdoor sports facilities, open space, sports academy (classrooms, auditorium, library, sports laboratory, sports medicine clinic) and quarters for athletes undergoing training and sports officials.

Under the agreement, the University of the Philippines is to make available, from its reservation, 20 hectares for this project and provide professional input in the operation of the sports complex. The city in turn will provide the funding for the infrastructure and the improvement of the access roads leading to the Complex.

Doable, no? With God, all things are possible ^^