October 31, 2023
Laguindingan Technopark, the first industrial park in Mindanao of industrial real estate developer AyalaLand Logistics Holdings Corp. (ALLHC), has achieved a significant milestone as it completes the land development works for Phase 1 of the industrial estate. Located in Barangays Moog and Tubajon in Laguindingan, Misamis Oriental, the Technopark forms part of Ayala Land’s master-planned mixed-use development, Habini Bay.
The Technopark, sprawling over 105 hectares of total gross land area, is geared towards catering light and medium, non-polluting industries. Phase 1, covering 62 hectares, has been fully developed, including the access and road network, creating an ideal environment for businesses seeking a dynamic setting and a strategic location for their operations.
Mr. Robert S. Lao, President & Chief Executive Officer of ALLHC, expressed his excitement about the completion of the Technopark’s Phase 1, saying, “We eagerly anticipate the continued progress and ultimate realization of Laguindingan Technopark. With its strategic positioning and all-encompassing growth, it stands as an ideal destination for enterprises in Northern Mindanao.”
Laguindingan Technopark offers a host of advantages to businesses as the development is supported by the Board of Investments (BOI) and the local government unit (LGU). Apart from competitive manpower and utilities costs in the region, the Technopark’s proximity to the City of Cagayan de Oro where regional offices are situated also adds to the ease of doing business. The local and regional offices are keen on assisting potential investors for their building permits, business licenses, and other essential documents.
The Technopark is also adjacent to the Laguindingan Airport, which recently received the approval of the Department of Transportation (DOTr) for the expansion of the its passenger terminal building. Additionally, the development being approximately 36 kilometers from the Cagayan de Oro Port via the Butuan-Cagayan-Iligan Road further enhances its accessibility and connectivity.
Lao further shares, “The doors of Laguindingan Technopark are wide open for companies that are seeking a well-placed operational base. We invite them to establish their footprints and flourish within the estate’s dynamic environment and strategically advantageous location.“
Northern Mindanao’s economy has been experiencing robust growth, with a 7.2% increase in 2022 compared to the previous year’s 6.3%. The region’s three largest industries in 2022 were wholesale and retail trade, agriculture, forestry, and fishing, and manufacturing. Laguindingan Technopark’s establishment comes at an opportune time when the area is poised to become a major hub for the export of agricultural and trade products, providing significant growth prospects for businesses in the region.
Key Pillars of an ALLHC Technopark
Laguindingan Technopark encompasses four key pillars that solidify its standing as a premier industrial estate:
As part of ALLHC’s national presence, Laguindingan Technopark strengthens the company’s position in regional hubs by offering proximity to key infrastructures, facilities, institutions, and an abundant workforce.
The Technopark will boast of high-standard infrastructures and a 24/7 safe and secured community. Moreover, being a BOI-registered Domestic Industrial Zone adds further appeal to potential investors, providing attractive incentives and facilitating smoother operations.
Within Laguindingan Technopark, businesses will also have the advantage of a robust supply chain within its vicinity. Additionally, a professional property management team will provide essential support, ensuring a well-maintained and conducive environment for businesses to thrive.
ALLHC brings its renowned brand of excellence to the Technopark, providing a strong management support system which instills confidence and assurance with locator-companies that they will receive exceptional customer service.
Laguindingan Technopark’s completion of Phase 1 is a testament to ALLHC’s commitment to developing prime industrial estates across the Philippines. The Technopark’s strategic location, amenities, integrated support, and Ayala’s brand of service make it a prime choice for businesses seeking growth opportunities in Northern Mindanao.