Dr. Worawat Chinpinkyo, Chief Executive Officer and Managing Director of Thai Coconut Public Company Limited (SET: COCOCO), a leading Thai manufacturer, distributor, and exporter of processed coconut products, stated that the company has not been affected by the recent earthquake in the Philippines. The company’s coconut milk factory construction project, located in Anflo Industrial Estate (AIE) in Panabo City, Davao del Norte, Philippines, continues as planned since the project is situated on the opposite side of the earthquake’s epicenter.
According to Dr. Worawat, the company’s new factory construction is progressing as scheduled, with no damage to its structure or any disruption to the operational plan. This marks another significant step in expanding COCOCO’s production capacity and enhancing its competitiveness.
Anflo Industrial Estate (AIE) is one of the Philippines’ leading private industrial estates, located in Panabo City, which serves as a hub for the nation’s coconut and agricultural industries. The estate’s strategic location, being near the Davao International Container Terminal (DICT)—one of the most modern ports in the Philippines—enables efficient transportation of raw materials and finished goods, reduces logistics costs, and facilitates swift exports to major markets.
Furthermore, the estate features comprehensive infrastructure, including modern utilities such as electricity, water, wastewater treatment systems, and warehouses to support industrial-scale production. AIE also benefits from proximity to abundant high-quality raw material sources, as the Philippines is a major global coconut producer, and the areas surrounding AIE are renowned for premium-grade coconuts. This direct access to fresh raw materials helps reduce input costs, enhances supply chain stability and efficiency, and supports sustainable business growth.
