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Published February 23, 2021, 4:00 PM
Japanese motorcycle giant Yamaha Motor has expanded its Philippine motorcycle manufacturing operation with P2.691 billion investments and hiring of additional 1,300 jobs for its plant in Batangas.
Philippine Economic Zone Authority (PEZA) Director General Charito “Ching” Plaza, who attended the inauguration of the Yamaha Motor Philippines, Inc., (YMPH) Monday, February 22, at the Lima Technology Center, Malvar, Batangas said the expansion project will add 1,300 workers to its existing 1,500 workforce.
The manufacturing plant inauguration also formally marked the start of operation of the PEZA approved plant expansion with Supplemental Agreement last January 15, 2020.
PEZA Director General Charito B. Plaza, (3rd from left), welcomes the Inauguration of the Manufacturing Plant Expansion Project of Yamaha Motor Philippines, Inc. at Lima Technology Center, Special Economic Zone, Batangas.
Photo by PEZA.
PASAY CITY, Feb. 23 The Philippine Economic Zone Authority (PEZA) Director General Charito “Ching” Plaza attended the Inauguration of the Manufacturing Plant Expansion Project of Yamaha Motor Philippines, Inc., (YMPH) yesterday, February 22, 2021, at the Lima Technology Center, Malvar, Batangas. The PEZA Chief attended the said Inauguration on Monday.
The Inauguration formally marks the start of operation of the PEZA approved plant expansion with Supplemental Agreement last January 15, 2020. This is also Yamaha’s testament to their commitment to further business operations in the Philippines.
Yamaha Motor Philippines, Inc. has been with PEZA since its registration on September 5, 2007. This is part of PEZA’s aim to attract Japanese companies to locate and invest here in the Philippines.
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