Published March 5th, 2008 by Mickey
Another IT Park will soon rise in Davao
Ed Villaver, VP and General Manager of Damosa Land, acknowledged recently that the Anflocor Group is entering into a partnership with Ayala Land Inc. for the creation of a 10-hectare business complex in Bajada. The property is located on Jose P. Laurel Ave., near Victoria Plaza complex and Barrio Obrero. Villaver estimates that groundbreaking will commence middle of this year.
This came to be following the success of the Damosa IT Park of Damosa Land, a number of other real estate development projects are now expected to see the light of day in Davao City. According to Villaver, the site wont be another IT economic zone. It will become a mixed-use property that will be occupied by business process outsourcing companies and other Manila-based franchises. Aside from these developments, a hotel is currently in the works around the vicinity to house expatriates and other transients.