Aboitiz unit, Kurabe Industrial ink deal - BusinessMirror

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Committed to attracting foreign investment to the Philippines in order to generate jobs for Filipinos and stimulate the economy, Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group. Know more:

The AIC-Kurabe deal, signed in Tokyo, Japan, last November during the Philippine business delegation’s Japan Roadshow, follows the registration agreement between PEZA and Kurabe, which classified the Japanese company as an ecozone export enterprise.

Locators within LIMA Estate can maximize the full suite of services for construction, power, and water utilities provided by Aboitiz affiliates. With AIC’s leadership in master-planning smart and sustainable industrial-anchored developments, businesses and multinational organizations, like Kurabe, are assured that they can operate with ease and that their needs and demands are addressed efficiently.

Upon completion, Kurabe’s factory is expected to recruit a 2,000-head workforce from Batangas and its adjacent areas. The facility will manufacture and assemble primarily Kurabe’s automotive products, such as car seat heaters and wiring, and steering wheel heaters and wiring.

 

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