Industrial Estate Association
The Philippines has a lot of Industries that focus on various manufacturing concerns from light to medium scale industries. In light if this, the Philippine Industrial Estate Association was established. This unique association offers the best location choices for foreign investors to get world class industrial estates here in the Philippines. The Industrial Estate Association is the Philippine Ecozones Association’s stamp of approval on an identified industrial area. This was established during the 1990’s as the government’s response to assume a more proactive role in the country’s industrial estate development.
The Industrial Estate Association takes into consideration mostly countryside areas like provinces in the Philippines to identify parcels of land that are deemed sufficient for industrial operations. This mostl likely encompasses manufacturing industries that make use of factories and manufacturing production plants for raw material extraction, utilization, transportation, and processs control. These are all important because almost evert product and equipment that we use takes advantage of industrial manufacturing. This is applicable for the manufacture of vehicles like airplanes, cars, construction type vehicles, technology, and even food and beverage products.
With the evident onset of industrialization just like every country, the Philippines needs to assimilate such industrial estate locations so that there will be more foreign companies and investors to increase the Philippine’s visibility in the global manufacturing scene. But keep in mind that the association also assimilates local industrial estate locations. Interestingly, there are several prestigious companies that have a joint venture with the Philippine Industrial Estate Association:
- National Development Company – Mandates several pioneer projects to further socio-economic development impact and national significance of industrial locations and projects.
- Marubeni Corporation – A big name when it comes to general trading house based in Japan. Well known track record in doing business with the Philippines for several decades and has long experience in industrial estate development in Thailand, Indonesia and many other countries.
- Japan International Development Organization (JAIDO) – a corporation that promotes projects that promotes industrial and economic development in developing countries.
You’re probably wondering on how this association tracks the industrial estate land and the current and potential industrial companies that will be settled in creating their manufactuing plants and facilities. There is a board of trustess and locators that help those potential companies find a place here in the Philippines. Areas from Luzon to Mindanao are scouted for the best locations and they further qualify it by taking a careful look at the industry that’s applicable (i.e. vehicle manufacturing, food and beverage)