“Banana Capital of the Philippines”
Even before the Spaniards came to posses the country, Panabo was already a thriving community with an open trade with nearby country. The place was inhabited by the Aetas. These people were living through hunting and were spending all their days in the wild forests of the area.
Population/ Language/ Area
Population of the city reached to 164,035 as of 2010, all living in a total land area of 251.23 km2 (97.00 sq mi).
The City of Panabo is located between the two (2) bustling cities of Tagum and Davao City. It is within the latitude of 125º to 44” North and longitude of 7˚, 14” and 7˚ and 23” East. It is bounded on the North-East and North-West by the Municipality of Carmen, on the South-West by Davao Gulf and on the West by Davao City.
It is the doorstep of Davao City towards the Province of Davao del Norte. It could be reached by all types of land transportation passing through the Daang Maharlika (Pan-Philippines Highways) plying from Davao City to the northern part of Davao and finally to Butuan City and Cagayan de Oro City. It is thirty-two (32) kilometers away from Davao City and twenty-eight (28) kilometers from Tagum City. It is also forty-five (45) minutes ride from Davao and thirty minutes (30) from Tagum City.
Products and Services
Because of its nearness to Davao City and its rich agricultural lands, it is a ready market for products such as processed foods, fertilizer, feeds, farm implements, furniture, fashion items, and other consumer goods. There are also lots of investors putting housing projects, commercial complexes, and tourist facilities like hotels and resorts, amusement parks and demonstration farms.
Bananas and other related products and services are the features of the city that make it popular.
Nicknamed as the Banana Capital of the Philippines, much of the possible businesses here might be related to it. In addition to that, there are also banana plantations scattered throughout the city. The city itself cultivated 40% of its land or around 10,000 hectares into planting export-quality bananas, which is known as “cavendish bananas”.
- Freedom Park