Printer Friendly

PH's 'most modern' logistics hub to rise in Sta. Rosa.

The logistics unit of Metro Pacific Investments Corp. is set to complete in Sta. Rosa City, Laguna by the second quarter of 2021 its very first logistics hub, touted as the 'most modern' in the country that will offer both regular and cold storage services.

MetroPac Movers Inc. (MMI) is set to start construction of the new facility on a 52,000-square meter site located along the Sta. Rosa-Tagaytay Road, some two kilometers from the South Luzon Expressway.

The new logistics center will create 550 new jobs in Laguna and is the first of a planned roll-out of strategically located international standard logistics centers, MMI said in a press statement.

MMI will build a dry goods warehouse that will offer 41,000 pallet positions and a refrigerated warehouse that will offer 17,500 pallet positions. The facility is targeted to open within the second quarter of 2021.

'The Sta. Rosa logistics center will integrate with the operating systems of our key customers and drive supply chain efficiencies. We will deliver real value to our customers, focusing on the critical metrics of this business - truck turn-around times, inventory accuracy, product security and service quality,' said Jose Ma. Lim, president and chief executive officer of both MMI and its parent company MPIC.

Property consulting firm Jones Lang Lasalle Philippines brokered the property lease agreement between MMI and Markeenlo Realty, Inc.

'Markeenlo Realty, Inc. is happy to welcome and host MetroPac Movers Inc. in its site as MMI raises the bar in the Philippine logistics industry for the benefit of Filipino consumers. Their tenancy also allows us to diversify the risks in our realty portfolio as we pursue other developmental projects,' said Mark Belo, president of Markeenlo Realty Inc.

COPYRIGHT 2020 Knowledge Bylanes
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2020 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Philippines Daily Inquirer (Makati City, Philippines)
Geographic Code:9PHIL
Date:Feb 13, 2020
Words:330
Previous Article:Vietnam might not reach GDP growth target in 2020 due to COVID-19 outbreak-ministry.
Next Article:Arrest order out for Kapa head, 6 more.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters