THE Department of Trade and Industry (DTI) is fast-tracking Singaporean manufacturer MNEX’s ₱180-million precision plant in Batangas, aiming for commercial operations to kick off by early 2027.
The investment was initially registered with the Philippine Economic Zone Authority (PEZA) in December 2025.
DTI Secretary Cristina A. Roque met with MNEX Chief Executive Officer Cindy Goh-Cabral on October 10 on the sidelines of President Ferdinand R. Marcos Jr.’s visit to Singapore.
The meeting evaluated the progress of MNEX’s maiden manufacturing facility in the country and discussed operational support.
“MNEX’s advanced precision manufacturing facility significantly strengthens our domestic industrial supply chain for global electronics and medical device markets,” Secretary Roque said. She emphasized that the DTI and PEZA are fully committed to ensuring a seamless rollout.
Located at the Light Industry and Science Park III–Special Economic Zone in Santo Tomas, Batangas, the plant will manufacture precision-molded parts for global consumer electronics, medical devices, and industrial sectors.
The project introduces advanced micro-molding technology to the Philippines, bridging key gaps in local supply chains.
Renovation work is currently underway.
To address corporate concerns regarding power expenditures and land ownership, Secretary Roque highlighted viable solutions, including enhanced power-cost deductions for PEZA-registered enterprises, industrial land leases extending up to 99 years, and full foreign ownership allowances for rooftop solar and other renewable energy projects.
Furthermore, MNEX signaled interest in building a dedicated digital team locally to backstop its manufacturing systems.
“We are focused on delivering a competitive business ecosystem—backed by CREATE MORE incentives, streamlined green lanes, and strong cost-mitigation measures,” Roque added.
A unit of the Singapore-headquartered Meiban Group founded in 1986, MNEX specializes in precision tooling, plastic injection molding, automated assembly, and digital production integration.
Both the DTI and PEZA remain closely engaged to facilitate the project’s completion and explore future expansion phases.