Sojitz Sign Marketing Services Agreement

May 16, 2018

L-R Seated: Yu Mizuike, Sojitz Deputy COO, Science Park of the Philippines President and COO Richard I. Albert Osmond, Juanichiro  Nagasaki , Sojitz General Manager

L-R Standing: Tatsuya Tsukada, Sojitz Chief Staff, Maiko Ukawa, Sojitz Chief Staff, Atsushi Uehara, Sojitz Manager, Yohei Matsuo, Sojitz Assistant Manager

Science Park of the Philippines, Inc. (SPPI) and Sojitz Corporation (Sojitz) announced the signing of a Marketing Services Agreement (MSA) for collaboration in the business of industrial estates. The collaboration will initially start with Sojitz marketing to international companies primarily Japanese companies specific industrial estates already developed or under development by SPPI. Through the said activity, both parties intend to deepen the relationship for further collaboration in industrial estate businesses in Philippines.

SPPI is one of the Philippines’ leading industrial estate developers, with six locations in Laguna, Batangas, Bataan and Cebu, all of which are PEZA-registered. Its sister company, Pueblo de Oro Development Corporation, owns the first PEZA-registered IT Ecozone in Mindanao, located in its 360-hectare residential cum commercial project in Cagayan de Oro. SPPI has a proud history of many firsts in the development of modern industrial parks. Its initial project, the Light Industry Science Park I, was the first privately-owned Philippine industrial estate to achieve ISO 9901 and 14001 certifications, and all of its subsequent parks have similarly achieved this status. They also have OHSAS 18001 certification. SPPI has obtained numerous recognitions, such as PEZA Hall of Fame for Outstanding Environment and for Best Community Development, 1st Oscar Escobar Air Quality Management award from the Concerned Citizens Against Pollution, and the Gawad Kalikasan Environmental Impact Assessment from the Environmental Management Bureau of the Department of Environmental& Natural Resources Department of the Philippines.

Sojitz is one of the seven major Sogo Shoshas of Japan together with Itochu, Marubeni, Mitsubishi, Mitsui, Sumitomo and Toyota Tsusho. It was formed by a merger of two of Japan’s giant corporation. Nissho Iwai and Nichimen in 2004. Its net sales in the year ended March 31, 2017 amounted to about US$33.2 billion, with the profit of about US$391 million. The company has interests in a wide variety of fields, including automotive, aerospace and IT, chemicals, retails etc. More specifically to the MSA. Sojitz has a department dedicated to industrial estates development and marketing. Sojitz will initially market SPPI’s latest, leading edge industrial park, named Light Industry & Science Park IV (LISP IV), in Malvar, Batangas and Hermosa Ecozone Industrial Park (HEIP). LISP IV was masterplanned by Sasaki and Associates, a prominent firm headquartered in Massachusetts, U.S.A. and emphasis is being placed on being environmentally friendly. The industrial park is envisioned to be part of a 250-hectare Malvar Cybergreen, which will include commercial, residential and institutional components.

HEIP is strategically located right in the middle of the country’s growth corridor of Subic Bay Freeport Zone in Zambales and Clark Special Economic Zone in Pampanga. It is connected via spur road to Dinalupihan Interchange of the Subic-Clark- Tarlac Expressway (SCTEx) – the major link to Subic Bay Freeport Zone and Clark Special Economic Zone. Its proximity to Subic and Clark, which are only 15 kilometers and 35 kilometers away, respectively, is significant for companies that wish to avail of Subic international seaport and Clark Diosdado Macapagal International Airport.

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Why choose Science Park of the Philippines?

SPPI was established in 1989, and through the years, has gained the reputation of being a cutting edge developer of industrial estates through its Light Industry & Science Park projects.

Today, SPPI is highly regarded as one of the pioneers and leaders in private industrial estate development in the country and has the largest hectarage of industrial estates developed, and being developed with almost 800 hectares of aggregate area.