VS Industry Berhad, the Philippine unit of Malaysian electronics manufacturing services provider, has leased 52,700 square meters of space at ALogis Santo Tomas in Batangas, marking the company’s first operational address in the Philippines.
The facility, owned by AyalaLand Logistics Holdings Corp., is slated for turnover in the third quarter, with production set to begin by the second quarter next year. The Malaysian electronics maker will employ a workforce of approximately 2,000 people upon completion.
“After careful consideration, we selected ALogis Santo Tomas as our manufacturing base in the Philippines due to its strategic location and accessibility. ALLHC provided invaluable support and expertise throughout the process,” VS managing director Datuk S.Y. Gan said.
“This is crucial for VS as this is a new venture for us. It also forms part of our asset-light model as a core element of our risk management strategy. All in all, we are thrilled to partner with one of the country’s leading industrial real estate companies and we are confident in our plans in the Philippines as we embark on a new chapter of growth,” Gan said.
In response, ALLHC president and CEO Robert S. Lao said they “look forward to serving VSIP as one of our valued tenants. We remain committed to our shared mission of positively impacting the local economy through job creation and encouraging further investment in the region. Indeed, we are confident that this strategic partnership will be both productive and beneficial.”
The Malaysian firm delivers vertically integrated manufacturing solutions to global multinational corporations, serving as both an original equipment manufacturer and original design manufacturer.
Its services span high-precision printed circuit board assembly, plastic injection molding, full and sub-assembly, as well as tool design and fabrication.
The group said it is set to fulfill new orders from a key customer, focusing on the box-build assembly of consumer electronics. This service covers the entire process from production to assembly, testing, packaging, labeling, and logistics, reinforcing VSIP’s commitment to excellence and meeting growing market demands.
