DavNor infra projects to boost real estate investments
Benefitting from massive infrastructure projects, Davao del Norte and De Oro are fast emerging as economically vibrant areas and real estate investment hubs in Mindanao.
In particular, Tagum City’s active economic sector stands out with its strategic location at the intersection of three main road systems: the Philippine-Japan Friendship Highway, the Davao-Mati (Davao Oriental) road, and the Tagum-Kapalong road.
The 2.5 Billion Tagum City Flyover, the longest flyover in Mindanao, is among the top infrastructure developments in the city. This flyover, strategically located in the intersection of Daang Maharlika (Agusan-Davao National Highway) and Surigao-Davao Road, spans 1.035 kilometers.
The flyover facilitates seamless transport of goods and services not only in the city but for the whole of Mindanao. It helps spur the economy by serving as a gateway to the provinces in northern Mindanao, attracting agricultural traders and manufacturers in the services sectors in the southern part.
On the other hand, the first phase of the Mindanao Railway Project connects Davao del Norte to Davao City, and Digos City, Davao del Sur or the Tagum-Davao-Digos (MRP-TDD). It can cut the travel time from Tagum City to Digos City to 1.3 hours from the current 3.5 hours once completed. The 100-kilometer MRP-TDD can assure safe and comfortable travel to about 122, 000 commuters daily – moving people and products more easily.
In addition to providing better land travel, Davao del Norte also moves to attract more investors here and abroad through the planned Tagum International Airport. The infrastructure is planned to sit on an estimated 1, 000 to 1, 200 hectares of land in Barangay Madaum, Tagum City.