Figaro Culinary Group is deepening its long-term growth play as it ramps up operations of Figaro Innovation and Development Inc. (FIDI), a wholly owned subsidiary designed to expand the Group’s food product pipeline, strengthen manufacturing capabilities, and lay the groundwork for future export markets.
The strategy was reinforced by the recent ceremonial signing of a Supplemental Agreement between FIDI and the Philippine Economic Zone Authority (PEZA) in Pasay City. The agreement reaffirms FIDI’s status as a PEZA-registered export enterprise, covering its operations at the Laguna Technopark–Special Economic Zone and supporting the manufacture of products such as Anghel Kape and other food innovations under the Figaro Culinary Group portfolio.
Established as the Group’s dedicated innovation and manufacturing arm, FIDI allows Figaro to scale food production beyond its café and restaurant brands. The subsidiary is tasked with developing new food formats, improving production efficiency, and upgrading quality systems to meet international standards—capabilities seen as critical to supporting both domestic distribution and eventual exports.
The supplemental agreement builds on FIDI’s existing PEZA Certificate of Registration, which recognizes the company as an export enterprise engaged in toll manufacturing of coffee mixes and other food products. PEZA registration provides access to fiscal incentives and operational support within economic zones, helping lower production costs while encouraging innovation.
Present at the signing were Brian Gregory Liu, chairman of Figaro Innovation and Development Inc.; PEZA Director General Tereso O. Panga; PEZA Deputy Director General Joy Anidelle Alguso; and FIDI Chief Financial Officer Jose Petronio Español.
“This agreement supports Figaro Culinary Group’s broader vision of expanding its food platforms beyond retail, strengthening manufacturing, and positioning our brands for future growth,” Español said.
Panga, for his part, highlighted the role of firms like FIDI in driving innovation, job creation, and inclusive growth within PEZA zones—underscoring the government’s push to attract value-adding food manufacturers into export-oriented ecosystems.
