Monde M.Y. San Corp. is investing more than P5 billion in a new manufacturing facility inside a Philippine Economic Zone Authority (PEZA) ecozone, reinforcing confidence in the country’s manufacturing sector despite a challenging global business environment.
The investment, registered with PEZA on Friday, will establish a new production facility at the TECO Industrial Park–Special Economic Zone dedicated to manufacturing the company’s flagship SkyFlakes crackers and sandwich products. Commercial operations are scheduled to begin in 2027.
The project is expected to create new jobs, expand domestic food manufacturing capacity, and strengthen supply chains in Central Luzon. Beyond factory employment, the investment is also projected to generate business opportunities for packaging companies, transport providers, logistics firms, and raw material suppliers, producing broader economic benefits across the region.
For PEZA, the expansion demonstrates that economic zones continue to attract not only foreign investors but also established Filipino manufacturers seeking to modernize and scale up production. It also aligns with the agency’s strategy of encouraging investments outside Metro Manila to promote more balanced regional industrial development while providing businesses with reliable infrastructure, fiscal incentives, and a more predictable operating environment.
The registration agreement was signed by PEZA Director General Tereso O. Panga and Monde M.Y. San representative Keng Sun Mar, with Vivian S. Santos and Shirly Cabrera serving as witnesses.
The investment comes as food manufacturers continue expanding capacity to meet growing domestic demand while positioning themselves for future export opportunities. For the broader economy, projects of this scale underscore manufacturing’s role as a driver of employment, value creation, and supply chain development.
As competition for industrial investments intensifies across Southeast Asia, PEZA’s ability to retain and expand commitments from established local companies could prove just as important as attracting new foreign capital in sustaining the country’s long-term industrialization agenda.
