Filinvest Innovation Park welcomes STB GIGA, spearheading sustainable manufacturing in New Clark City

Filinvest Innovation Park welcomes STB GIGA, spearheading sustainable manufacturing in New Clark City

Filinvest Innovation Park welcomes STB GIGA, spearheading sustainable manufacturing in New Clark City
IN PHOTO: Mr. Allan Datahan (PEZA Deputy Zone Administrator), Peter Chen (STB GIGA Director), Dennis Ibarra (STB GIGA President and CEO), Francis Ceballos (SVP and Industrial Business Unit Head, Filinvest Land Inc.), Jake Liwanag (Head of Marketing and Promotions, BCDA), Mao Jian (STB GIGA), Carmelo Centeno (General Manager, Filinvest Innovation Parks)


Filinvest Innovation Park in Filinvest New Clark City (FIP-NCC) marked the official turnover of two ready-built factories (RBF) to STB GIGA, the newly established Philippine entity of StBattalion and St. Baker Energy Innovation Fund. This handover signifies the commencement of STB GIGA’s move-in process, paving the way for their EV battery manufacturing facility within the innovative industrial park.  

Francis Ceballos, SVP and Industrial Business Unit Head of FLI, expressed his enthusiasm about the collaboration, highlighting its potential for job creation: “We are very pleased to welcome STB GIGA to Filinvest Innovation Park. This partnership not only strengthens our commitment to attracting leading sustainable businesses, but also generates substantial employment opportunities for the region, contributing to the overall economic growth of the Philippines.” 

Echoing this sentiment, Dennis Ibarra, President/CEO of STB GIGA, emphasized their dedication to pioneering a new era of sustainable development: “We are grateful for the support and collaboration extended by Filinvest Innovation Park and its partners. With the official handover of these RBF units, we are one step closer to realizing our vision of establishing a world-class EV battery manufacturing facility in the Philippines. This facility will not only cater to the growing demand for electric vehicles but also contribute to a greener, digital, and more sustainable future for the nation.” 

Filinvest New Clark City, a 288-hectare masterplanned development and joint venture between Filinvest Land Inc. and the Bases Conversion and Development Authority (BCDA), is poised to become a thriving hub of economic activity and job opportunities. Its first phase, the Filinvest Innovation Park (FIP), is a testament to this vision. 

Spanning 120 hectares within the larger New Clark City area, FIP-NCC benefits from its strategic location and excellent connectivity. Situated just 30 minutes away from the Clark International Airport and 45 minutes away from the Subic Bay International Seaport, it serves as a pivotal nexus for progress in the northern region of Metro Manila, a mere 90 minutes away. 

One of the standout features of FIP-NCC is its Ready-Built Factory (RBF) compound, designed to cater to the needs of logistics, e-commerce, and light manufacturing locators. The compound will host 10 Prime model RBF units on a spacious 40,000-square meter lot. Each Prime RBF unit, spanning 2,500 square meters, is equipped with essential amenities such as a two-bay loading dock with dock levelers, roll-up doors, an eight-meter ceiling clearance, and a floor load capacity of three tons per square meter. Additionally, they are outfitted with a fire-suppression system to ensure safety and security. 

Emphasizing sustainability, the RBF units are integrated with features such as a rainwater harvesting and recycling system, along with solar panel-ready roofs. Moreover, the park itself is registered with the Philippine Economic Zone Authority (PEZA), granting locators access to various incentives including tax benefits, simplified import-export procedures, and visa facilitation assistance for foreign employees. 

Filinvest New Clark City and its flagship project, Filinvest Innovation Park, epitomize a forward-looking approach to development, fostering growth, sustainability, and connectivity in the heart of the Philippines. 

StB Capital Partners (formerly known as the St. Baker Energy Innovation Fund), parent company of STB GIGA, is an Australian company which invests in early-stage growth companies with disruptive solutions in the energy and e-mobility sectors. The Fund leverages its breadth of experience, both technical and commercial, in these fast-growing markets to create value for companies and generate a meaningful, sustainable return. 

The two RBF units handed over to STB GIGA encompass 5,000 square meters of Grade-A modern industrial space, meticulously designed for seamless integration and immediate operational use by businesses. These state-of-the-art facilities, coupled with Filinvest New Clark City’s strategic location and advanced infrastructure, create an ideal environment for STB GIGA to establish a thriving EV battery production hub. 

The FIP-NCC is located within BCDA’s New Clark City development in Capas, Tarlac. New Clark City is a 9,450-hectare greenfield development inside the Clark Freeport and Special Economic Zone positioned to be an inclusive, resilient, sustainable, and smart city. Once fully developed, New Clark City is projected to become the home of over a million residents and provide job opportunities to around 600,000 Filipinos. 

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