Pietrucha Group, local partner open $2-M vinyl manufacturing plant
The Pietrucha Group of Poland and its local partner Design Science are opening today their $2-million vinyl sheet manufacturing plant in Bataan, making it the first Polish-Philippine investment in the Philippines.
The production facility, which will be operated by Pietrucha Manufacturing Philippines, is coming in at a time when existing and prospective investors are reportedly putting on hold their planned investments for either new or expansion projects in the country, on the back of the controversial remarks made by President Duterte over the past months.
According to the Pietrucha Group, the Philippines is a strategic location as it can serve as a gateway to Southeast Asia.
The company also took stock of the country’s “great” economic potential and the incentive packages being offered to investors, particularly for those located in special economic zones (ecozones).
Pietrucha’s Bataan facility is expected to supply vinyl sheet piling to the rest of Southeast Asia. This product—said to be an advanced alternative to traditional materials such as steel, concrete or wood—can be used in construction, land and water infrastructure investments, as well as flood prevention and protection projects.
“The Pietrucha Group is an international manufacturing, trade and service enterprise operating globally with a strong position in the civil engineering sector. Pietrucha Manufacturing Philippines is part of our long-term investment strategy which assumes strengthening of our international exposure, especially in regions sensitive to climate changes. The plant was designed to meet the development potential of the group and will greatly support our supply chain logistics, getting us closer to our customers in our core and the most dynamically developing markets,” said Pietrucha Group CEO Jerzy Pietrucha in a statement.
“The Philippines welcomes the investment by Pietrucha Group, the first industrial project of Poland in the Philippines. We are pleased indeed that such a distinguished player chose ultimately the Philippines after a thorough and long term consideration of various Asean markets. This final choice proves that the Philippines is an attractive investment destination, also for the Polish investors looking into the Asean. I hope Pietrucha Group will pave the way for other investors from Poland and there will be more Polish businesses and Polish technologies brought into our country,” said Philippine Ambassador to Poland, Patricia Ann V. Paez.
The Pietrucha Group has over 55 years of experience, manufacturing vinyl and composite sheet piling systems and providing geotechnical services used in civil engineering.
It has over 3,500 customers in 34 countries.
Its local partner, Design Science Inc., is an infrastructure engineering company that offers professional technical services in planning, special studies, civil engineering, architecture, surveying, energy management, power audit and project management.
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