MANILA – The manufacturer of the iconic SkyFlakes brand, Monde MY San Corp. (MMYSC), a subsidiary of food and beverage giant Monde Nissin Corp., is set to spend over P5 billion to build a new manufacturing facility in Mabalacat City.
In a statement, the Philippine Economic Zone Authority (PEZA) said it signed a registration agreement with MMYSC on June 23 for its new factory at the TECO Industrial Park–Special Economic Zone (TIP-SEZ) expected to begin commercial operations by 2027.
PEZA director general Tereso O. Panga and Monde M.Y. San general manager Keng Sun Mar signed the registration agreement, with PEZA deputy director general for operations Vivian S. Santos and Monde M.Y. San procurement manager Shirly Cabrera serving as witnesses.
The new facility will manufacture the company’s flagship SkyFlakes crackers and sandwich products, a long-standing household staple among Filipino consumers.
“Monde M.Y. San’s decision to locate its new manufacturing facility within the TECO Industrial Park highlights the competitiveness of Philippine ecozones in supporting large-scale, high-value manufacturing investments,” PEZA said.
“The project is expected to generate direct jobs, contribute to domestic manufacturing output, and further strengthen the food manufacturing value chain in Central Luzon,” the agency added.
Through its registration with PEZA, MMYSC’s new facility will be eligible to receive benefits from the government, including fiscal and non-fiscal incentives.
The registration reflects PEZA’s continuing efforts to attract quality investments, create meaningful employment opportunities, and foster sustainable industrial development beyond Metro Manila. PEZA remains committed to driving inclusive growth, strengthening local industries, and advancing the country’s long-term economic development agenda. Punto News Team/PEZA
