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Monday, September 23, 2024

FPIP breaks ground on new mixed-use hub

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First Philippine Industrial Park (FPIP), a leading industrial park developed and managed by the Lopez Group, broke ground on its new mixed-use hub, FPIP Plaza, on Sept. 10, 2024.

The three-story development, spanning 15,000 square meters, will significantly add to the nearly 600-hectare industrial park.

“FPIP Plaza is a testament to our desire to create something that is for the community, employees, and locators of FPIP. Even more importantly, the whole of Sto. Tomas and Tanauan, and nearby barangays will have an opportunity to gather and connect with each other,” said FPIP chief commercial officer Jose Valentin Pantangco.

FPIP Plaza, strategically situated at FPIP’s Gate 1, is also expected to generate additional employment opportunities, further contributing to the over 70,000 individuals already working within the industrial park.

FPIP Plaza is designed to enhance the experience of FPIP’s locator employees, visitors and the surrounding community.

It will house a diverse range of retail establishments, restaurants, service centers, corporate offices, and government offices, creating a convenient and dynamic environment.

“It will continue to support the mission of FPIP – to create jobs, strengthen industry, and modernize the two cities of Sto. Tomas and Tanauan, and make Batangas the prime industrial corridor of the Philippines,” Pantangco said.

FPIP, a PEZA-registered ecozone, is home to over 150 world-class locators, including Collins Aerospace, Philippine Manufacturing Co. of Murata Inc. and Dyson.

FPIP teamed up with First Balfour for construction and Aidea for the architectural design of the commercial complex. The project is slated for completion by the first quarter of 2026.

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