Damosa Land welcomes GMAC at AIE, establishing Panabo City as key industrial hub

Panabo City, Philippines — Damosa Land, Inc. (DLI), a homegrown Mindanao developer,
celebrates with GMAC Logitech Refrigeration Corporation as it launched its third and largest
cold-storage facility in Mindanao at the Anflo Industrial Estate (AIE) in Panabo City, Davao del
Norte. The new facility brings together advanced logistics and cold-chain expertise to
strengthen the Philippines’ food supply and export capabilities.

A joint venture between Glacier Megafridge, Inc. (GMI) and AC Logistics, GMAC’s launch signals

its strategic expansion and confidence in the Southern Philippines, strengthening the region’s

cold chain infrastructure at a critical time for agricultural exports. As operations commence, the

facility is projected to generate approximately 119 jobs, creating direct roles in operations,

engineering, quality control, and logistics.

“The entry of GMAC Logitech Refrigeration Corporation into AIE highlights the continued

confidence of leading industry players in Mindanao’s growth potential,” said Ricardo Floirendo

Lagdameo, President of Damosa Land, Inc. “This will be a welcome addition to the Davao 

Region and will also benefit the surrounding provinces. Our goal is to provide an end-to-end

solution for customers who can now come directly to Davao del Norte when servicing Mindanao,

given the availability of an efficient port facility and an industrial park that complements the

new facility.”

“Logistics remains a challenging element in the archipelagic geography of the Philippines, with

39% of GDP spent on the sector—one of the highest rates in the Southeast Asian region,” said

Erry Hardianto, CEO of AC Logistics. “There is also significant price disparity between goods

available in the provinces and the prices paid by consumers in Luzon, resulting in a substantial

price gap. To address this national challenge, GMI and AC Logistics formed GMAC in 2021.”

A decade of powering agribusiness and exports

Over the past decade, AIE has strengthened the value chain supporting Philippine banana

exporters and other high-value crops, enabling efficient storage and logistics solutions that

connect Mindanao producers to international markets—banana exports alone grew by 26% in

2025. GMAC’s new facility further boosts perishable goods handling capacity in Davao del Norte

and nearby provinces, supporting banana and other crop exporters amid rising demand and

helping maintain product quality to meet strict international standards.

In addition to agricultural products, GMAC serves as a central hub for the storage and

distribution of processed meat, both for import and export, across Mindanao, which ensures

reliable distribution, consistent product quality, and support for the region’s growing food

supply network.

Located within AIE, GMAC benefits from a strategically positioned, fully-integrated estate near

key ports and production areas—enabling faster turnaround times and more efficient import

and export logistics.

This facility drives collaboration and shared resources to strengthen the food chain. With the

capital support and technical expertise from Ayala, together with the land and corridor

development led by Damosa Land and the strategic collaboration among DICT, AIE, and GMAC,

we are creating a powerful logistics ecosystem where goods move at the right time, place, and

cost,” said Arturo C. Yan, President and CEO of Glacier Megafridge, Inc.

Driving foreign investment and industrial diversification

Beyond agribusiness, AIE has evolved into a key destination for foreign direct investments, anchored by the HEAD Sport tennis ball facility, which has boosted Mindanao’s rubber industry and generated jobs across related sectors. Alongside food processors like Thai Coconut Public Company Limited’s (COCOCO) coconut milk plant and other upcoming developments, these locators underscore AIE’s commitment to industrial diversification aligned with the region’s core strengths.

For GMAC’s expansion, the facility will have 11,728 pallet positions—the company’s largest in Mindanao, which can simultaneously house different temperature ranges, includingproducts that are more sensitive and those that require a more controlled environment.This enables it to accommodate a broader mix of industrial tenants and enhance appeal to both local and foreign investors. With this scale, the facility further strengthens supply chain efficiency and supports the seamless operation of diverse industrial activities within AIE.

“The past decade affirms the power of long-term vision matched with disciplined execution,” Lagdameo added. “Moving forward, AIE will build on this momentum to welcome new industries and investors, generate quality employment, and further anchor Mindanao’s role in national supply chains and global trade networks.”

Established in February 2016, the 63-hectare agro-industrial hub was envisioned to strengthen Southern Philippines’ position as a competitive investment destination. A decade later, AIE stands as one of Mindanao’s premier industrial estates—home to a growing mix of local and multinational locators across various industries—fueling job creation, investments, and regional economic progress. pr

This milestone at Anflo Industrial Estate (AIE) strengthens Damosa Land Inc.’s commitment to accelerating industrial growth and generating sustainable opportunities for the local community, eyeing to create 119 jobs.