Singapore manufacturer invests P180M in Batangas ecozone
A Singapore-based manufacturing group has committed P180 million to establish operations in a Philippine Economic Zone Authority (Peza) ecozone in Santo Tomas, Batangas, a move expected to strengthen the area’s manufacturing base.
On Monday, Peza announced it had approved the registration of the Philippine unit of MNEX Pte. Ltd., a company specializing in precision tooling, advanced molding, metal machining, automation and contract manufacturing.
MNEX will manufacture molded parts at the 124-hectare Light Industry and Science Park III–SEZ in Santo Tomas, Batangas. The project is expected to generate 60 direct jobs, according to Peza.
“Through this partnership, MNEX contributes high-value manufacturing, technology transfer, and quality employment, reinforcing Peza’s drive to attract future-ready, innovation-led investments,” the agency said.
Manufacturing boost
MNEX has nearly four decades of experience in manufacturing for global clients in consumer electronics, medical devices and industrial sectors.
The company provides automation-supported services spanning design and engineering, prototyping and mass production.
Peza Director General Tereso Panga and MNEX CEO Goh Su signed the registration agreement on Dec. 11.
The Philippine expansion adds to MNEX’s existing operations in Singapore, China and Malaysia.
“In turn, Peza’s investor-friendly incentives, efficient registration processes, and strong ecozone support will enable MNEX to scale operations, enhance competitiveness, and expand its footprint in the Philippines,” Peza said.
Manufacturing remains the dominant sector in Peza-approved investments, accounting for P150.52 billion across 152 projects in 2025. This represents 57.69 percent of the total P260.89 billion approved during the year.
The MNEX project also reinforces Singapore’s standing as one of Peza’s top investors. Singapore ranked fourth in 2025, with total approved investments reaching P11.19 billion.
