Property developer Filinvest Land Inc. said Thursday it started developing a 25-hectare industrial estate within Filinvest Innovation Park in Calamba City, Laguna.
FLI said in a stock exchange filing Thursday the development of Filinvest Innovation Park-Ciudad de Calamba would expand the company’s 50-hectare Filinvest Technology Park, a Philippine Economic Zone Authority-registered economic zone established in 2002.
“FIP-CDC marks a significant step forward for FLI as we expand our industrial presence in the Southern Tagalog region. With its cutting-edge green and digital features, FIP-CDC will offer a prime environment for logistics, e-commerce, and light manufacturing locators. We are proud to provide a platform that not only supports businesses but also contributes to the growth of the local economy,” said FLI president and chief executive Tristan Las Marias.
FIP-CDC said that upon the completion of the project, it would lease out ready-built factory and built-to-suit units catering to prospective locators’ varying requirements.
FIP CDC’s RBFs are envisioned to meet Grade A warehouse specifications such as higher ceiling clearance and floor load capacity, elevated production floors with loading docks and superior utilities infrastructure support, including access to high-speed Internet and fire detection and suppression.