real estate industry

Filinvest to open industrial park in Capas, Tarlac

Ralf Rivas

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Filinvest to open industrial park in Capas, Tarlac
Filinvest Innovation Park in New Clark City is set to be a new Central Luzon business hub, catering to the needs of logistics, e-commerce, and manufacturing companies

MANILA, Philippines – Filinvest Land is opening a new industrial park in Capas, Tarlac, which aims to attract companies in the logistics and manufacturing sectors to set up shop.

Filinvest Innovation Park-New Clark City (FIP-NCC) was formed through a joint venture with the Bases Conversion and Development Authority, and is the real estate developer’s latest project that expands its foothold in Central Luzon.

“With its state-of-the-art green and digital features, FIP-NCC will provide an ideal environment for logistics, e-commerce, and light manufacturing ventures. We take pride in offering a new asset class that not only supports businesses but also contributes to the local economy’s growth,” said Tristan Las Marias, Filinvest Land president and chief executive officer.

Groupshot, Person, Adult
INDUSTRIAL PARK. Filinvest Land officials at the launch of Filinvest Innovation Park-New Clark City.

The 60-hectare facility is located within the 288-hectare Filinvest New Clark City and has ready-built factories (RBFs) tailored to meet the needs of potential locators.

“These RBFs (offered in 2,500, 4,000, and 5,000-square-meter units) are designed with Grade A warehouse specifications, including features such as high ceiling clearance, floor load capacity of 3 tons per square meters, raised production floors with loading docks, and robust utility infrastructure support, including high-speed internet access and fire detection and suppression systems,” Filinvest said.

Industrial lots ranging from the standard one-hectare lots up to 11-hectare “mega lots” are available for lease to house larger facilities. 

FIP-NCC is registered with the Philippine Economic Zone Authority, enabling locators to benefit from tax incentives, streamlined trade processes, and special visa privileges for foreign employees. –

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Ralf Rivas

A sociologist by heart, a journalist by profession. Ralf is Rappler's business reporter, covering macroeconomy, government finance, companies, and agriculture.