KTM Asia Motorcycle Manufacturing Inc., a joint-venture partnership between Adventure Cycle Philippines, Inc., owned by AC Industrial Technology Holdings, Inc., a member of Ayala Group of Companies, and Austrian motorcycle giant KTM AG (Kronreif & Trunkenpolz Mattighofen AG), inaugurates its state-of-the-art manufacturing facility at the Laguna Technopark in Sta. Rosa, Laguna.
The KTM Philippines plant—which assembles four KTM models such as the KTM 200 DUKE, KTM 390 DUKE, KTM RC 200 and KTM RC 390—will have an initial production run of 6,000 motorcycles, with the goal of eventually expanding to 20,000 units annually. Apart from the domestic market, KAMMI plans to export to neighboring Asean markets as well as China, where some 60 million motorcycles are sold per year.
“The inauguration of KAMMI’s manufacturing hub is a prime example of what we are capable of as a company and as a country, a collective group working towards a common vision,” said Arthur Tan, CEO of AC Industrials, which houses IMI and the Ayala Automotive group, in his remarks. “We want the Philippines to be the place to build something, and this investment is our share in nation building.”
Meanwhile, Dino Santos, Adventure Cycle Philippines Inc. President and COO, extolled the impact the plant’s opening has to Filipinos and the Philippine economy.
“This investment is part of our belief that manufacturing should be a key driver of our country’s inclusive growth going forward,” he explained. “It provides jobs, supply chain opportunities, and helps put the country in the map as a center for innovation and industrialization
Gracing the event is Peter Perberschlager, KTM AG Vice President, Sales for Asia Pacific, Africa and Middle East who highlighted the significance of the Philippines as its manufacturing hub in Asia.
“We consider the Philippines as a very important and strategic market with very good international trading contacts,” he declared. “We are very proud to partner with Ayala, with whom we share the same vision and values. Our aim is to be a serious player in the Asian region.”
With this development, AC Industrials—which consolidates the Ayala Groups automotive and manufacturing segments —seeks to play a bigger role in manufacturing and contribute to the country’s rise as a Southeast Asian industrial hub. Furthermore, this bold move is deemed a milestone not only in the Ayala Group’s history, but for the country as well.