Sto. Tomas City honors FPIP, 12 locators for tax and jobs impact

Lopez-led First Philippine Industrial Park (FPIP) and 12 of its locators were recognized by the local government of Santo Tomas City, Batangas, for being among the city’s biggest contributors to revenues and new jobs in 2024.

Santo Tomas City Mayor Atty. Arth Jhun “Ajam” Marasigan awarded plaques of recognition to FPIP, its locators, and other top taxpayers and employers during the LGU’s Taxpayers’ Day celebration held on Sept. 1 at FPIP’s Consuelo Park Pavilion.

Vice Mayor Catherine “Cathy” Jaurigue-Perez praised FPIP and its partners, saying their commitment has helped the city drive economic progress and improve services for residents.

Santo Tomas City Mayor Arth Jhun “Ajam” Marasigan (seventh from left) and Vice Mayor Catherine “Cathy” Jaurigue-Perez (10 th from left) present to FPIP senior manager John Carlo Navalta (ninth from left) a plaque recognizing the ecozone as one of the city’s top taxpayers. Joining them are other officials and employees of both the Santo Tomas City LGU and FPIP. | ​Contributed photo

By the numbers

  • ₱159 million — combined tax contributions of FPIP and its locators in 2024
  • 17% — share of city’s ₱935 million income generated by FPIP-related entities
  • 60% — share of nearly 12,500 new jobs created in the city linked to FPIP and its locators

FPIP’s contributions align with Marasigan’s 12-point development agenda, which focuses on jobs, healthcare, education, tourism, environmental protection, and efficient public services.

Private sector perspective

Ricky Carandang, FPIP’s external affairs and marketing department head, said the recognition underscores the partnership between the ecozone and its host city.

“We are happy that our contributions have been helping the local government deliver fast and efficient public services and jobs to Tomasinos,” Carandang said.

Leading taxpayers and job generators

Under the real property tax (RPT) category, FPIP and nine of its locators landed in the city’s top 20 contributors, with Dyson Philippines ranking first overall. Other FPIP firms included:

  • Ibiden Philippines, Inc. (4th)
  • Nippon Premium Bakery Inc. (8th)
  • YKK Philippines, Inc. (12th)
  • First Batangas Hotel (18th)
  • Energy Development Corporation (20th)
  • FPIP itself (7th)

In job generation, three FPIP locators stood out:

  • Nexem-EMD Technologies (1st)
  • Philippine Manufacturing Company of Murata Inc. (3rd)
  • Brother Industry Philippines Inc. (5th)

Amcor Flexible Philippines Corp. was notable for ranking among both the top RPT contributors (4th) and business tax contributors (5th).

Other FPIP-based firms also recognized for business tax were Shoketsu SMC Corp. (10th) and Nippon Express Philippine Corp. (18th).

Economic zone powerhouse

A joint venture between First Philippine Holdings Corp. and Sumitomo Corp. of Japan, FPIP has grown into one of the country’s leading Philippine Economic Zone Authority (PEZA)-registered parks.

The 600-hectare estate now hosts over 150 world-class manufacturers, serving as a platform for foreign investment, industrial growth, and the creation of thousands of high-value jobs for Filipinos. —Ed: Corrie S. Narisma

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