Partnership Power Damosa Land & Thai Firm Sign P772-M Deal for Coconut Facility in Panabo City

Partnership Power Damosa Land & Thai Firm Sign P772-M Deal for Coconut Facility in Panabo City

As the agricultural industry continues to evolve, it's essential for professionals to stay informed about the latest developments. In this article, we'll explore a groundbreaking partnership between Damosa Land, Inc. (DLI) and Thai Coconut Public Company Ltd. (COCOCO), which promises to bring significant benefits to the local community.

A Game-Changer for Panabo City

In a move that's poised to have a lasting impact on the region, DLI has secured a substantial investment of 430 million Thai baht (approximately P771.87 million) from COCOCO to establish a state-of-the-art coconut milk production facility within the Anflo Industrial Estate (AIE) in Panabo City, Davao del Norte.

Memorandum of Understanding Marks New Era for Coconut Production

The signing of a Memorandum of Understanding (MoU) between the two parties marks a significant milestone in their collaborative efforts to boost coconut production and processing in the region. This partnership will enable the companies to leverage each other's strengths, ultimately benefiting local farmers and the community at large.

Impact on Farmers New Opportunities and Job Creation

For farmers, this partnership presents opportunities that can have a direct impact on their livelihoods. The facility, set to be completed by 2025, will create new job opportunities and provide a stable market for coconut farmers in the region. Furthermore, the MoU signing indicates a commitment from both parties to support local agriculture, ensuring that the benefits of this partnership are felt throughout the community.

Gallant Move Enhancing Livelihoods through Real Estate Development

By investing in the Anflo Industrial Estate, DLI and COCOCO demonstrate their confidence in the region's agricultural potential and their commitment to enhancing livelihoods in Panabo City. This move not only showcases their dedication to empowering local farmers but also highlights their role as responsible corporate citizens.

Conclusion

As we look forward to 2025, when the facility is set to be completed, it's clear that this partnership has far-reaching implications for the region. By supporting local agriculture and providing new job opportunities, DLI and COCOCO are setting a high standard for corporate social responsibility. As farmers and agricultural professionals, we can only benefit from this collaboration, which will undoubtedly pave the way for a brighter future in the coconut industry.

Keywords Coconut milk production facility, Damosa Land Inc., Thai Coconut Public Company Ltd., Anflo Industrial Estate, Panabo City, Davao del Norte, farmers, agriculture, real estate development.

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.