30/10/2014 (Sun.Star) - The Board of Investments (BOI)-Davao Extension Office registered a total of P21.127 billion worth of investments from January to August this year.

Based on the data issued by the BOI-Davao, there are a total of 29 projects that were registered to them, noting a total of possible jobs generation of 6,411.

The registered investments are mostly concentrated on real estate, manufacturing, transportation and storage, agriculture, fisheries, electricity, gas, steam and airconditioning supply, and accommodation.

The areas of investments are spread across the major areas of Mindanao, primarily in Butuan City, Zamboanga City, Cagayan de Oro City, Davao City, Surigao City, General Santos City, Davao del Norte, Davao del Sur, Davao Oriental, Sultan Kudarat, North Cotabato, Agusandel Norte, Zamboanga del Sur, and South Cotabato.

Real estate projects noted the bulk of investments with 11 projects in the pipeline. These are the P202.189 million expansion of Primavera Residences Tower B of the Italpinas Euroasian Design and Eco-Development Corporation in Cagayan de Oro City; P157.32 million mass housing project of Kim Guan Realty Development Corporation in Davao City; P656.140 million Ashpen Heights of Steward Home Development Corp. in Davao City; P355.882 million low-cost mass housing project of Communities Zamboanga Inc. in Pagadian City, Zamboanga Del Sur; P391.860 million expansion of Lessandra Heights of Communities Cagayan Inc. in Cagayan de Oro City; P279.304 million expansion of La Mirande Crest of Communities Cagayan Inc. in Cagayan de Oro City; P116.21 million Oakwood Residences of HLC Construction and Development Corporation in Panabo City; P200.31 million Excellent Living Residences of HLC Construction and Development Corporation in General Santos City; P521.73 million expansion of Deca Homes Resort Residences of 8990 Housing Development Corporation in Tugbok, Davao City; P234.65 million Deca Homes Indangan Phase 1 of 8990 Davao Housing Development Corporation in Buhangin, Davao City; and the P145 million expansion of Deca Homes Resort Residences Phase 12 of 8990 Housing Development Corporation in Tugbok, Davao City.

Investments in the manufacturing industry include: P4 million for the production of coconut charcoal briquettes for export of 3 Kings Export in Butuan City; P1.115 billion for the production of processed and canned fish and fishmeal for export by Bigfish Foods Corporation in Zamboanga City; P465.25 million production of crude palm oil and by-products for export of Univanich Carmen Palm Oil Corporation in North Cotabato; P392.15 million for the production of coco water concentrate for export of the Franklin Baker Company of the Philippines in Sta. Cruz, Davao del Sur; P124.95 million for the production of coconut water concentrate for export of Coco Davao Inc. in Sta. Cruz, Davao Del Sur; P7 million for the production of banana chips for export of See's International Food Manufacturing Corporation in Mati City, Davao Oriental; P17.789 million for the production of coco sugar of Treelife Coco Sugar in Carmen, North Cotabato; and P20.27 million for the production of multilayer kraft paper bags of Duraboard Packaging Corporation in Davao City.

Investments on electricity, gas, steam and air conditioning supply are the P353.760 operation of district cooling system of Philippine Integrated Energy Solutions Inc. in Davao City; P332.590 operation of district cooling system of Philippine Integrated Energy Solutions Inc. in Cagayan de Oro City; P3.656 billion 25 MW Lake Mainit Hydroelectric Power Plant of Agusan Power Corporation in Jabonga, Agusan Del Norte; P554.524 million 5 MW solar power project of NV Vogt Philippines Solar Energy One Inc. in Surallah, South Cotabato; and P1.308 billion 8 MW hydro power plant of Asiga Green Energy Corporation (AGEC) in Santiago, Agusan del Norte.

Projects on transportation and storage, meanwhile, are the P2.653 billion Davao International Container Terminal of the San Vicente Terminal and Brokerage Services Inc. in Panabo City, Davao del Norte and the P5.724 billion Hijo International Port - Stage 1 (construction of a 450-meter long berth) of Hijo International Port Services Inc. in Tagum City, Davao del Norte.

There are also two projects that are into agriculture and fisheries the P347.018 million production of cavendish banana for export of Anflo Banana Corporation in Don Marcelino, Davao del Sur and the P765 million production of cavendish banana for export of Delinanas Development Corporation in Lambayong, Sultan Kudarat.

The P25-million 75-room Parkway Hotel of Clybros Merchandising Inc. in Surigao City is the only investment on accommodation and food services.