News

Chinese investors eye Hermosa ecozone

Published May 29, 2018, 10:00 PM
By Mar T. Supnad


Hermosa Economic Zone, Bataan – A group of Chinese investors is eyeing to pour in their investment into the Hermosa Economic Zone due its accessibility and the facilities inside it.

Mayor Antonio Joseph “Jopet” R. Inton said that he recently met with a delegation of a Hong Kong-Shanghai Investment Mission to the Philippines.

Inton participated in a project presentation held at the Shangrila Hotel at The Fort with Mr. Allan Tan, a major Chinese investor who is helping invite more Chinese investors to do and expand their businesses here.

Inton presented some of the advantages of doing business in Bataan particularly in Hermosa where the Hermosa Ecozone Industrial Park (163 hectares) is located.

Hermosa is strategically located and is accessible to Subic which is only 15 minutes drive via SCTex, and Clark Freeport, 25 minutes drive, the Freeport Area of Bataan, which is one hour away and the Port of Orion, which is 30 minutes away, and Lamao port.

Inton told the business delegation that the Hermosa Commercial and Light Industrial Zone has 132 hectares and the ICT Park 136 hectares but has more wide areas that are ready for expansion.

At present, there are almost 10,000 workers inside the Hermosa Ecozone working with major locators such as the Sumi Philippines Wiring Corporation, Bioteque Medical Phil. Inc., Orient Goldcrest Realty Inc., Bessup Inc., and PMG Prime Global Co. Inc.

The investment mission was a high-level investment delegation from Hong Kong and Shanghai which visited the Philippines recently.

They presented and discussed new business opportunities in tune with the growing intra-regional cooperation in Asia.

The mission aims to bridge investors and service providers from Hong Kong and Shanghai with project owners and investors from Manila and explore potential partnerships and business arrangements, especially on openings being presented by the Belt and Road initiative.

The initiative also promotes economic cooperation among countries along and beyond the Belt and Road routes to further market integration around the world.

Source: https://news.mb.com.ph/2018/05/29/chinese-investors-eye-hermosa-ecozone/



PEZA head supports expansion of Hermosa ecozone

Published April 5, 2017, 10:15 AM
By Mario T. Supnad


The Philippine Economic Zone Authority (PEZA) is pushing investors to invest in the strategically-located Hermosa economic zone in Northern Bataan.

This development came after PEZA director general Charito Plaza informed Hermosa town mayor Jopet Inton that several foreign investors, particularly Arabs, are bent on investing in the ecozone for their food production business, among others.

“We are very thankful to Madam Plaza of PEZA for fully supporting our ecozone by inviting foreign locators to pour in their investment here,” said the commercial pilot turned town mayor.

Inton said that Hermosa ecozone is strategically located — which is along the triboundary of Bataan, Pampanga and Olongapo/Subic.

Aside from this, Inton pointed out that Hermosa is just 15 minutes drive away from Subic International sea port and Airport, and is along the Subic-Clark-Tarlac expressway and just 25 minutes drive away to nearby Clark.

Plaza told Inton that investors want to take advantage of ASEAN market with the Philippines as the regional hub, saying two groups of Arab investors are seen to pour in their investments in the sprawling Hermosa Economic Zone in Northern Bataan.

The two groups of Arab investors from Middle East countries were identified by PEZA Director Plaza as Zaid Alhussain and brothers and Al Shasheen establishment.

The two Middle East groups of investors were impressed to invest in the country after the PEZA delegation led by Plaza recently conducted an Investment Mission in the Middle East, particularly the Kingdom of Saudi Arabia, United Arab Emirates and Qatar where they also “conducted seminars/orientations last February 11-17 to promote the Philippines as an investment destination, forge business partnerships with Arab investors and convince them to take advantage of the ASEAN market with the Philippines as the regional hub.”

Initially, Plaza told Inton, Zaid Alhussain & Brothers Group will put up shop for its processing of halal-chicken and organic vegetable crops for export, including establishment of an Islamic Community complete with a Mosque, while Al Shaheen Establishment will also invest in Poultry/Halal food processing.

Source: https://business.mb.com.ph/2017/04/05/peza-head-supports-expansion-of-hermosa-ecozone/



Nippon Firm Inside Hermosa Ecozone Expands


HERMOSA, Bataan – Top executives of Japan-based Sumitomo Wiring Systems, (SWS) Ltd. and Bataan local officials recently led the groundbreaking ceremony of the Wire Cable Division of Sumi Philippines Wiring Systems Corporation (SPWS) inside the Hermosa Ecozone Industrial Park in Barangay Palihan of this first class municipality. Tatsuya Ikeda of SWS Japan, SPWS President Takeshi Morikawa, Seigo Takashi, Managing Director & CEO of Kajima Overseas Asia and Takuro Suzuki led the groundbreaking rites.

SPWS mother company, Sumitomo Wiring Systems, Ltd., was founded in 1917 based in Yokkaichi, Japan, manufactures and sells wiring harnesses, harness components, and other electric wires for automobiles and office equipment in Japan and with subsidiaries in the Americas, Europe, Africa, Asia, and Oceania.

Bataan Governor Albert Garcia, Hermosa coordinator and commercial pilot Jopet Inton, and first district congresswoman Herminia B. Roman graced the event.

The first SPWS plant facility in Hermosa started in 2011 which became operational in 2012 and presently employ more than three thousand workers. Recruitment for more workers in this Ecozone continues not just for SPWS but for a number of locators who recently pour their investments in.

Governor Garcia lauded the expansion of SPWS who emphasized that this new development will further boost the provincial government’s vision for Bataan to be the preferred eco-industrial investment site.

Jopet Inton, on the other hand, expressed his gratitude to SPWS for giving its trust and confidence to Hermosa for hosting again the company’s upcoming wiring harness plant. Inton also acknowledged the big economic impact of the company not only for the people of Hermosa but the whole province as well.

He also mentioned that the municipal government headed by Hermosa Mayor Danilo Malana coordinated with the Department of Public Works and Highway’s Road Board for the provision of an overpass in front of the Ecozone’s gateway as a traffic measure to ensure its workers’ road safety. The new plant is expected to be completed and operational next year.

Former Bases Conversion and Development Authority chairman and Hermosa Ecozone Director Felicito C. Payumo said the new plant of SPWS will employ an additional 2500 workers.

Source: https://invest.bataan.gov.ph/nippon-firm-inside-hermosa-ecozone-expands/