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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
of 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.
2. Wastewater Collection and Treatment
Facilities, P 1.148 Billion
The study shows that the collection and
transportation of the wastewater of the most
densely populated area of Davao City is feasible
and would cost 1.148 billion pesos or 30 million
US$.
The best layout has been found to be the
separation of the whole area into three
sub-basins, each with a pumping station, pumping
directly to the wastewater treatment plant on
the west bank of Davao River.
The most suitable site for a wastewater
treatment plant that would serve the City of
Davao has been identified as that located in
Bucana, on the west bank of the Davao River,
just downstream of the Bolton Bridge. Subsequent
to a technical-economic evaluation of several
alternatives, the SBR (Sequencing Batch Reactor)
process has been shown to be the most attractive
treatment option in terms of its capital cost
which amounts to 9.9 million US$.
Operating costs using SBR process are estimated
to be 1.98 million US$ annually. (Estimates
excluded costs of resettlement, land, financing,
duty, and tax. Complete lists and exhibits of
tables, summary of computations, layouts, and
comparisons can be found in the feasibility
study conducted by APTCO and the SM Group
International, October 1999).
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 road 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.
5. Theme Parks
Theme parks in the tradition of Disney and
Enchanted Kingdom shall provide thousands of
tourists another alternative destination and
itinerary when doing business or pleasure trip
in the City or its nearby localities. Due to the
absence of such establishments in the entire
island, a pioneering venture in said industry is
seen very feasible considering the more than
30-million market of Mindanao and the Visayas.
6. Sta. Ana Waterfront Development
From this area will rise amenities such as
conference facilities, hotels, shopping center,
fisherman’s wharf, commercial buildings,
amusement facilities and parks. Left riverbank
will be converted to a green area including
commercial establishments. The coastal road and
a few access roads will be connected with the
reclamation area. This is estimated to cost
around 12 billion pesos
7. Light Rail Project, P 240B
This project aims to establish an urban light
rail transit system that will serve the coastal
areas of the city as well as neighboring cities
and municipalities in Davao del Norte and Davao
del Sur. It hopes to provide faster, stable and
reliable services to transport people and
cargoes in the area. It is expected that the
implementation of the project will result to the
reduction of passengers’ travel time as well as
solve the traffic congestions on the roads.
The project will cover a total of 37 stations
for a total of 82.7 kms. Stretching from the
city of Panabo in Davao del Norte and the
Municipality of Sta. Cruz in Davao del Sur. It
will be implemented through a Built-Operated
Transfer (BOT) financing scheme and as planned,
will be constructed as follows:
Stage 1 Panacan to Toril 35.7 kms 22 stations
Stage 2-A Toril to Sta. Cruz 25.0 kms 10
stations
Stage 2-B Panacan to Panabo 22.0 kms 5 stations
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.
Opportunities Requiring Medium to Large Scale
Capitalization
1. Business Process Outsourcing_small1.jpg)
The City is now being eyed as a viable site for
call center operations and other related
business process outsourcing operation
(medico-legal transcription, animation, etc.)
due to its readiness in terms of manpower,
infrastructure and other required amenities.
2. Housing Development
With a backlog of more than 40,000 units, Davao
City is a very viable site for housing projects
that will offer low-cost to medium cost housing
units.
3. Products and Services for Relaxation
There is a growing demand for products and
services that will offer relaxation to the
growing working population such as spas, salons,
candles for aroma therapy, pillows, etc.
4. Establishment of Medical, Educational,
Training and Sports Facilities
Davao’s daytime population doubles primarily
because it is considered as the de facto capital
of Mindanao serving as the center for commerce,
education, services.
The Priority Investment Areas of the City
This listing is based on a study conducted by
the Services Group of Virginia. These priority
areas are believed to spur further economic
growth in the city. Qualified investors may
avail of the local incentives both fiscal and
non-fiscal.
(1) Property development such as the development
of industrial estates, convention centers,
residential, commercial, and office building
development;
(2) Tourism and recreational facilities such as
business hotels, restaurants, beach and mountain
resorts and theme parks;
(3) Agro-business and food processing such as
but not limited to fruit processing (vacuum,
dehydrated, spray dried), canned specialty
vegetables, extruded snack food, cupflower
production;
(4) Light manufacturing and Assembly such as but
not limited to garments, footwear, toys, bulky
kitchen and house wares; and
(5) Transshipment infrastructure/facilities such
as seaport construction and common bonded
warehouse.
(6) The putting up of environmental enhancement
and protection projects,
(7) The establishment of foreign bank branches,
(8) Telecommunications (including information
and communications technology or ICT) and
(9) Educational, medical, training, and sports
facilities
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