“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.
End-to-end solution
“Our goal is to provide an end-to-end solution for customers who can now come directly to Davao del Norte, given the availability of an efficient port facility and an industrial park that complements the new facility,” he added.
Erry Hardianto, CEO of AC Logistics, noted the logistical challenges in the Philippines: “Logistics remains a challenging element in the archipelagic geography of the Philippines, with 39 percent of GDP spent on the sector. To address this, GMI and AC Logistics formed GMAC in 2021.”
Philippine banana exporters
AIE has long supported Philippine banana exporters and other high-value crops, boosting exports and maintaining product quality. GMAC’s new facility further strengthens perishable goods handling in Davao del Norte and nearby provinces.
“This facility drives collaboration and shared resources to strengthen the food chain,” said Arturo C. Yan, president and CEO of Glacier Megafridge.
The facility has 11,728 pallet positions across different temperature ranges, enhancing supply chain efficiency and appealing to both local and foreign investors.
Power of long-term vision matched with disciplined execution
“The past decade affirms the power of long-term vision matched with disciplined execution,” Lagdameo added. “AIE will continue to welcome new industries, generate quality employment, and anchor Mindanao’s role in national supply chains.”
Since its establishment in 2016, the 63-hectare AIE has grown into a key industrial hub in Mindanao, supporting local and multinational businesses and driving regional economic growth.
