Pueblo de Oro Sister Company to Attract More Investors in Batangas
2019 Jun 18 | by rei
The sister company of Pueblo de Oro Development Corporation and the country’s largest industrial park developer, Science Park of the Philippines, Inc. has been developing LISP IV in Batangas within Malvar Cybergreen.
According to Guillermo Luchangco, chairman and CEO of Science Park,
“Our objective is to take the burden of dealing with outside factors off the locators so they can come in and hit the ground running.”
SPPI introduced the concept of economic integration with the purpose-built interchange that connected 175-hectare LISP I, a special export-processing zone for light manufacturing and PEZA’s first privately owned industrial estate, to the national expressway.
Eventually, foreign investors came in droves thanks to the country’s distinct demographic and the six industrial parks meticulously built and professionally managed by SPPI.
With Sojitz as a Japanese marketing partner, SPPI anticipates the influx of more Japanese investors to LISP IV and aims to similarly attract locators from mainland China, Hong Kong, and Taiwan.
“You could look at the Philippines as the hub of a wheel. You have Taipei, Hong Kong, Malaysia, Singapore and Indonesia all around, so companies that want to distribute in this part of the world can take advantage of our central location,” says Luchangco.
Source: South China Morning Post