Techlog Center Philippines
Langcheng Technology Philippines, Inc.
has.) Maguyam, Cavite
I and III are completed while Phase II is on-going development. Diamond
Ceramics acquired 3 has. of land and currently fast-tracking the
completion of its facilities to manufacture toilet ceramic products
(e.g. bowls and lavatories) to meet target operation on October 2001.
RK Energy manufactures transformers and Triotech produces garments
and will commence commercial operation by middle of the year.
administration building will soon be completed. The port concessionaire,
namely Asian Pacific International Terminals, is also looking
for a strategic partner that will co-develop Port Irene in
Clarkway Industrial Park (FCIP)
of Singapore completed the masterplan of FCIP. They were
also granted PEZA approval but pending Presidential proclamation.
Being situated right along the North Expressway and immediately
accessed at the San Simon, Pampanga interchange, the principals
are confident that the location will strategically cater
to investors seeking freehold land within the "W" Growth
Corridor. The principals are seeking joint venture partners
and allied opportunities on the site.
China South Ocean Xing Ye Tobacco Share Corp. signed a lease
agreement with Zamboanga Freeport. The company is a joint venture
between Hebei Tian Yuan Shar Ltd. Corp. headed by Liang Shangcheng
and Philippine China Century Corp. headed by Manuel Tan. The
company is engaged in tobacco processing and shall commence
operations within two months. 70% of the total production shall
be for export while the rest will be sold in the local market.
First Cagayan de
Oro Business Park
Mindanao International Container Terminal (MICT) was given
the allocation for financing through the Obuchi Fund. MICT
is barely 7 kms. from FCDO Business Park. This will strategically
enhance the viability of the project. At present, the proponent
is seeking a joint venture partner to develop the project.
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