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Sunday, September 8, 2024

Federal Land and Fast Retailing Philippines break ground on Uniqlo’s logistics facility in Cavite

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Federal Land NRE Global Inc. (FNG) and Fast Retailing Philippines celebrated a significant occasion with a groundbreaking ceremony for the Uniqlo’s logistics facility at Riverpark North, Cavite.

FNG is a joint venture between Federal Land Inc. (FLI) of the Philippines and Nomura Real Estate Development Co., Ltd. (NRE) of Japan, while Fast Retailing Philippines represents the Philippine arm of the global company that operates multiple fashion brands, including Uniqlo. Together, these firms are redefining logistics operations by prioritizing worker wellbeing and environmental sustainability at the upcoming Uniqlo logistics facility.

In early 2024, FNG and Fast Retailing Philippines forged an agreement to establish a logistics facility for Uniqlo.

Fast Retailing Philippines identified Riverpark North, Cavite as the optimal location for its new facility, underscoring the area’s strategic significance in its logistics network.

Emerging as the “Next Gen City of the South,” Riverpark is intended to be a key economic and industrial center that offers smart living and lifestyle-enhancing developments within a river and parkside setting. Designed to exemplify future Filipino living, it is seamlessly transforming into a dynamic community, thanks to many recent developments including Yume at Riverpark, an 18-hectare, Japanese-inspired residential neighborhood; Riverpark Trails, a 1.8-kilometer bike trail for all levels; and SM City General Trias, the first SM mall in General Trias.

The facility also benefits from strategic connectivity via the Cavite-Laguna Expressway (CALAX), ensuring seamless logistics operations and convenient access to major transportation networks. As infrastructure developments like the LRT Line 1-Extension, LRT Line 6A – Cavite Extension, Cavite-Tagaytay-Batangas (CTBEX) Expressway, Bataan-Cavite Interlink Bridge, and Sangley Point International Airport continue to enhance connectivity in Cavite, the UNIQLO Logistics Facility is well-positioned to support and benefit from these advancements, further bolstering its role in the region’s economic landscape.

Overall, this milestone solidifies FNG’s dedication to innovation and strategic ventures within the real estate industry, emphasizing their goal of reshaping human living through thoughtful initiatives and meaningful collaborations.

The project will open doors for many Filipinos and its growing workforce. It is expected to create a significant number of jobs, providing employment opportunities and fostering economic vitality in the region.

This collaboration reflects FNG’s commitment to advancing concepts that go beyond technology advancements. Through meaningful partnerships with esteemed global and local brands, FNG is further enhancing initiatives in mobility, safety, energy, and health.

FNG and Fast Retailing Philippines are exploring more potential projects that would strengthen their business relationship.

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