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 for making it to the list of the city’s biggest sources of revenues and new jobs in 2024.
Atty. Arth Jhun 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 on 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% of the city’s P935- million income and generated the bulk, or 60%, of the city’s nearly 12,500 new jobs 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 celebration. “We are happy that our contributions have been helping the local government deliver fast and efficient public services and jobs to Tomasinos.”
“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 the vice mayor, Catherine 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 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 Co. of Murata Inc. (third) and Brother Industries Philippines Inc. (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 Corporation, another FPIP locator, 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: Shoketsu SMC Corporation (ranked 10th) and Nippon Express Philippine Corporation (ranked 18th).
(Story by: Charizze Henson)
