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
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