Japanese electronics logistics firm Tokai Electronics Philippines Inc. is expanding its logistics operations after securing approval from the Philippine Economic Zone Authority (Peza) to establish an additional warehouse facility at the Lima Technology Center-Special Economic Zone in Malvar, Batangas.
The expansion was formalized through a supplemental agreement, amending the company’s original 1998 registration agreement with Peza.
Under the revised agreement, Tokai Electronics may operate and maintain a warehouse within the Batangas ecozone for the storage, safekeeping and handling of electronic goods and products.
The expanded registration also authorizes the company to import, procure and manage electronic products intended for resale, including packing, repacking and preparing goods for transfer, disposition or export.
Tokai Electronics has been registered with Peza as an Ecozone Logistics Service Enterprise since 1998. Under its original registration, the company was authorized to conduct warehousing operations only within the Laguna Technopark-Special Economic Zone in Biñan, Laguna.
The additional warehouse broadens the company’s logistics operations by extending its registered activities to another Peza-administered economic zone in Batangas.
Peza Director General Tereso Panga said the expansion reflects the continued growth of existing locators within the country’s economic zones.
‘It’s a sign that Peza remains a place where investors don’t just set up, they scale up, and we are pleased to continue supporting their growth every step of the way.’