Laguna LED factory to be one of the world's biggest
The Japan Environment Technology Development Co., Ltd., or JENTED, is eyeing to build a $200 million light-emitting diode light factory in Laguna by the end of the year. When built, it will be one of the world’s largest LED factories in the world, with an annual production capacity of around one million LED lights.
Furthermore, JENTED and its Philippine partner, Tagaytay Mountain Peak Corporation, said that the factory will put the Philippines in the map of high technology in the lighting industry.
JENTED Executive Director Yoshiyuki Ikeda said that they are bullish on the prospects of the LED lighting business not only in the Philippines but also in the US, Europe and Asia where they plan to export their products.
They said the timeline for plant construction is in December this year as soon as they have finalized site arrangements.
According to JENTED Country Representative Rod Cabrera said, “Our lighting system is much lighter than other brands, has longer lifespan that than the average LED lighting system in the market and is user-friendly, meaning it doesn’t require an electrician for its installation.” — DVM, GMA News
No comments:
Post a Comment