In recent years, Pampanga has become one of the desirable residential, industrial and commercial areas in Luzon. The government has planned several infrastructure developments and projects throughout the province to facilitate convenient transportation, including international airports, seaports, and railway lines (Malolos–Clark Railway Project). The Metro Manila Skyway Stage 3 also opened in January 2021, establishing a new road network that connects Pampanga to Metro Manila in less than two hours.
This remarkable development has piqued the interest of investors to consider the province as the next location for their business as the government attempts to alleviate traffic congestion in its capital, Metro Manila. To relieve congestion in the capital, the government has also provided incentives for enterprises that will develop outside of the city.
TECO Industrial Park is a fully integrated industrial park in Mabalacat, Pampanga providing complete industrial and business facilities with modern advanced infrastructures to its locators. The 250-hectare complex is registered with the Philippine Economic Zone (PEZA) and is positioned for manufacturing and light industries. TECO Industrial boasts itself to be the only industrial park in the country with two cogeneration power plants with a total of 135-megawatt capacity. In addition to this, the park is putting up solar power plants adding renewable energy to its power portfolio.
The proximity of TECO to Clark International Airport and Port of Subic makes it also easier for businesses to import and export products efficiently. TECO is also easily accessible via the major thoroughfares Northern Luzon Expressway (NLEX), Subic-Clark-Tarlac Expressway (SCTEX), MacArthur Highway, and Mabalacat-Magalang Highway making traveling through the industrial park convenient.
Its newest phase seeks to serve both PEZA and non-PEZA industries engaged in manufacturing, warehousing, and cold storage. TECO welcomes light and medium-industry companies that require high-quality industrial plots and assets, such as building and large-scale product manufacturing, to invest in the area.
TECO intends to offer a one-stop-shop for industrial and business needs, including industrial land plots, standard manufacturing buildings, and warehouses, as well as a commercial zone with retail, dining, and banking services.
At present, the industrial park has about 700 active workers working with the 25 locators stationed inside the park.