November 21, 2018 — Last October 19, 2018, Laguna Technopark Inc (LTI), a partnership between Prime Orion Philippines, Inc. and Mitsubishi Corp, launched its latest Standard Factory Building (SFB) in Brgy. Loma, Biñan City, Laguna. This new SFB aims to accommodate small and medium businesses from both the global and local market, as well as clients with growing warehousing and storage needs.
With about 40 units measuring 1,200 to 1,500 square meters each, the total leasable area will reach over 60,000 square meters when it is completed in October 2020.
Located within the 11-hectare Laguna Technopark, the development will be the biggest investment of LTI which earmarked PhP 1B for the construction of logistics buildings and warehouse facilities. It will also be the first facility dedicated to servicing non-PEZA locators.
The SFB will be available for lease in May 2019.