Bustling condominium sector attracting more suppliers to Philconstruct Mindanao
DAVAO CITY — About 40 new companies joined this year’s Philconstruct Mindanao, pulled in mainly by the flurry of condominium projects in Davao City.
Patrick Lawrence Tan, chief executive officer of Global-Link MP Events International Inc. (GLMP) that organizes the event, said about 300 brands participated in the expo, held back-to-back with the Pack Print Plas and Manufacturing Technology Davao 2018 over the weekend.
Many of the participants are suppliers for finishing products such as flooring, various home equipment, air-conditioner, air filtration, and cleaning systems.
“There are a lot of air conditioning companies that are here, all the big brands. I think because they know the market is here and there is a lot of residential condos that are being built,” Mr. Tan said.
He said modern construction machinery and other related technology were also prominent at this year’s expo, the 9th staging of the event, not only for real estate projects but also for public infrastructure works.
“The industry is not only growing… if you look at the shows, it’s technology based. (And) unlike before it’s more of inquiry-based, but now it is different… The booths are displaying products that are suitable for the (Mindanao) market,” Mr. Tan said.
“Looking at the structures and land base… Most of the buildings are not high so the structural studies are quite different,” he added.
PhilConstruct also held the TechnoForum Mindanao, a series of seminars to provide a learning platform for over 8,000 trade professionals and buyers during the three-day show.
“The exhibitors see a dynamic economy in Davao and in Mindanao. They look at the potential, and in fact next year, the show will be split into two: one week after another because the event is growing and the markets are very dynamic. Construction is moving forward, real estate prices are growing… There is money going around here,” Mr. Tan said. —