Filinvest Innovation Park-New Clark City (FIP-NCC) marked a milestone with the arrival of its inaugural locator, electric vehicle (EV) battery manufacturer StBattalion, which is keen on taking advantage of the park’s strategic location and growth prospects.
At a contract signing ceremony on July 17, Monday, at Crimson Hotel Filinvest City, the Australia-based StBattalion formalized with FCGC Corporation (a wholly owned subsidiary of full-range property developer Filinvest Land, Inc. [FLI]) its five-year renewable lease of two (2) ready-built factory (RBF) unit, each measuring 2,500 square meters in gross leasable area.
Present during the lease contract signing ceremony were Tristan Las Marias, FLI President and Chief Executive Officer; Trevor St. Baker, StBattalion Director; Delfin Lorenzana, Bases Conversion and Development Authority (BCDA) Chairman, and HE HK Yu PSM, Australian Ambassador to the Philippines.
“Filinvest Innovation Park-New Clark City warmly welcomes StBattalion as its very first locator. Their presence underscores the park’s vision as a leading sustainable business hub,” said Las Marias.
“At Filinvest, we are committed to building large-scale, integrated projects to become the stage for diverse developments, including businesses that will catalyze progress and employment for the local community,” he added.
“We are excited to take advantage of the strategic location and growth prospects offered by FIP-NCC. With this partnership, we aim to revolutionize the Philippine transport industry through transportation powered by our high-quality EV batteries,” said St. Baker.
Chairman Lorenzana commented, “The arrival of StBattalion at Filinvest Innovation Park is a testament that New Clark City, along with the whole of Clark, is primed for investments due to its strategic location, vast natural resources, and large pool of human capital. We are excited to welcome StBattalion, whose goal is aligned with ours, which is to enable a sustainable and smart community that contributes to the nation’s social and economic growth.”
An emerging sustainable hub measuring 120 hectares, FIP-NCC boasts of a strategic location – only 30 minutes away from Clark International Airport (operated by Luzon International Airport Development Corporation, a consortium that includes FLI parent Filinvest Development Corporation), and 45 minutes away from the Subic Bay International Seaport, making it a key progress catalyst north of Metro Manila (only 90 minutes away).
FIP-NCC’s RBF compound will feature 10 Prime model RBF units to be built on a 40,000-square meter lot tailor-fit for this purpose.
Each of the 2,500-square meter Prime RBF units is designed for logistics, e-commerce, and light manufacturing locators, with value-adding amenities such as unparalleled accessibility, a build-to-suit option for industrial facilities customization, high-tech communications, and expansive RBF infrastructure such as an eight-meter ceiling clearance, a two-bay loading dock, and three tons-per-square meter floor load capacity.
Further, the entire FIP-NCC is registered with the Philippine Economic Zone Authority, allowing locators to enjoy tax perks, simplified import-export procedures, and visa facilitation assistance for foreign employees.
The FIP-NCC sits inside New Clark City in Capas, Tarlac – a 9,450-hectare greenfield development inside the Clark Special Economic Zone positioned to be an inclusive, resilient, sustainable, and smart city. This major metropolis is being developed to help decongest Metro Manila, and to serve as an investment hub to catalyze growth in Central and Northern Luzon.