Filinvest Land Inc., the property development arm of the Gotianun Group, said Tuesday that through one of its subsidiaries it signed a five-year deal for lease two ready-built factory to Australia-based electric vehicle battery manufacturer StBattalion.
The lease agreement makes StBattalion the first locator at the company’s development, Filinvest Innovation Park-New Clark City.
Tristan Las Marias, FLI president and chief executive officer, said StBattalion’s decision to locate its facility at the FIPNCC “underscores the park’s vision as a leading sustainable business hub.”
“At Filinvest, we are committed to building large-scale, integrated projects to become the stage for diverse developments, including businesses that will catalyze progress and employment for the local community,” he added.
FIPNCC is 120-hectare development located 30 minutes from Clark International Airport and 45 minutes away from the Subic Bay International Seaport. Its ready-built factory compound will feature 10 Prime model units to be built on a 40,000-square meter lot tailor-fit for this purpose. Each of the 2,500-square meter Prime RBF units is designed for logistics, e-commerce, and light manufacturing locators.
FIP-NCC is registered with the Philippine Economic Zone Authority, allowing locators to enjoy tax perks, simplified import-export procedures, and visa facilitation assistance for foreign employees.
It is part of the New Clark City in Capas, Tarlac–a 9,450-hectare greenfield development inside the Clark Special Economic Zone positioned to be an inclusive, resilient, sustainable, and smart city. This major metropolis is being developed to help decongest Metro Manila, and to serve as an investment hub to catalyze growth in Central and Northern Luzon.
