Lopez-led First Philippine Industrial Park (FPIP) and 12 of its locators have received recognition from their host local government unit (LGU) of Santo Tomas City in Batangas province for making it to the list of the city’s biggest sources of revenues and new jobs in 2024.
Atty. Arth Jhun “Ajam” Marasigan, Santo Tomas City mayor, awarded plaques of recognition to FPIP and its locators, as well as to the city’s other big sources of local revenues and employment, during the LGU’s Taxpayers’ Day celebration held last Sept. 1 at FPIP’s Consuelo Park Pavilion.
Based on the LGU’s records, FPIP and its locators contributed a combined P159 million in taxes, or 17 percent of the city’s P935-million income in 2024; and generated the bulk, or 60 percent, of the city’s nearly 12,500 new jobs also in 2024.
“We are honored to be part of Santo Tomas’ growth,” said Ricky Carandang, head of FPIP’s External Affairs and Marketing Department, during the Taxpayers’ Day celebration. “We are happy that our contributions have been helping the local government deliver fast and efficient public services and jobs to Tomasinos.”
The revenues and new jobs support Marasigan’s 12-point development agenda, which includes quality healthcare and education, stronger job and investment opportunities, a vibrant tourism sector, environmental protection and improved access to public services.
“We deeply value the strong commitment of FPIP and its locators to Santo Tomas. Their contributions have helped us drive economic progress, enabling us to create meaningful opportunities and provide better support to the Tomasinos who call it home,” said Vice Mayor Catherine “Cathy” Jaurigue-Perez.
Under the real property tax (RPT) category, FPIP and nine of its locators, led by Dyson Philippines, were listed among the city’s top 20 RPT contributors. Dyson, a global tech giant known for its cutting-edge vacuum cleaners, hair care devices and other home appliances, ranked first in this list.
Three FPIP locators were listed among the city’s top five sources of new jobs in 2024. They were Nexem-EMD Technologies (ranked first); Philippine Manufacturing Company of Murata Incorporated (third); and Brother Industry Philippines Incorporated (fifth).
Also among the top sources of RPT last year were FPIP locators Ibiden Philippines, Inc. (ranked fourth), Nippon Premium Bakery Inc. (eighth), YKK Philippines, Inc. (12th), First Batangas Hotel (18th) and Energy Development Corporation (20th). FPIP itself made it to the list as the city’s seventh biggest source of RPT.
Amcor Flexible Philippines Corp., another FPIP locator that produces sustainable packaging materials for various products, stood out for making it to both lists of top sources of RPT (fourth) and business tax (fifth).
Two other FPIP-based companies likewise landed in the list of the city’s top sources of business tax. They were pneumatic control equipment manufacturer Shoketsu SMC Corporation (ranked 10th) and logistics company Nippon Express Philippine Corporation (ranked 18th).
Established as a joint venture between First Philippine Holdings Corporation and Sumitomo Corporation of Japan, FPIP has grown into one of the country’s leading economic zones registered with the Philippine Economic Zone Authority. The 600-hectare ecozone is home to over 150 world-class manufacturers and continues to serve as a platform for creating thousands of high-value jobs for Filipinos.
