Two big investors to open business in Samal

Written by
  • Mhike R. C.
  • 7 years ago

SAMAL, Bataan – This fast rising 4th class municipality is now becoming a haven for investors.
Municipal mayor Generosa “Gene” Malibiran-Dela Fuente in his first media interview for 2016 told newsmen here that this year, two big investments will pour millions of pesos to build their respective businesses here.

First is Brightfield Agribusiness, a subsidiary of San Miguel Corporation, which recently started construction of high-end, tunnel vent poultry houses in Barangay Ibaba.

Second is a waste recovery facility that recycles bunker oil owned by a New Zealand-based company which recently purchased 3 hectares of land also in Barangay Ibaba.

Samal is also the home of a paper mill, Bataan 2020, an Inquirer Group of company and Thailand’s largest private firm, Charoen Pokphand Foods Inc., an aqua feeds plant.

In a related development, during his first day in office for 2016, Bataan Governor Albert Garcia told local newsmen in a press conference that some 20 Japanese industrial firms from mainland China are planning to relocate their operations to South East Asian countries, including the Philippines.

Garcia cited the province’s sufficient and stable power supply, availability of skilled manpower, infrastructure and port facilities and readily available space for manufacturing and commercial enterprises in the two freeports (Freeport Area of Bataan and Subic Bay Freeport) and four special economic zones which Garcia calls “Bataan’s engines of growth” are key factors that would fascinate Japanese investors into doing business in the province.

The bachelor governor also cited a good number of Japanese industrial plants located at the FAB in Mariveles and Hermosa Ecozone Industrial Park which have continuously expanded their operations to comply with the booming export demands.

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