A new 4 billion mall is soon to rise in the heart of the city of Davao

Another mall to rise soon in the heart of Davao City. Big businessmen and mall owners are here in Davao city recently for the ground breaking ceremony of the 4 billion pesos worth of mall. It is a joint venture between the floirendos of Davao and the Zobel de Ayalas of Makati. Ayala Land Inc. will pour in more than 4 billion in new investments in Davao City in the nest three years for the development of a state-of-the-art BPO (business Processing Outsourcing) facility, a shopping mall, residential and commercial lots and a hotel in a sprawling 10 hectare property owned by the Floirendos on J.P. Laurel avenue in Bajada. Dabawneyos will be given a new place to explore and to do shopping. I am pretty sure that this mall will be one of the tourist destinations that Dabawenyos are really proud of. Shoppers will be now divided and large amount will surely go to the newest mall of Davao.