Pietrucha Groupa of Poland and local partner Design Science Inc. are opening today a $2-million factory in Mariveles, Bataan that will produce vinyl sheet piling.
Pietrucha Maufacturing Philippines is the first Polish-Philippine investment and joint-venture in the civil engineering sector in the Philippines facilitating a unique transfer of technology.
The plant will supply the markets of Southeast Asia with specialized technical profiles used in the civil engineering sector in flood prevention and protection projects and other land and water infrastructure investments.
The vinyl sheet piling manufactured in Mariveles are an environmentally friendly, lightweight and extremely durable and advanced alternative to the traditional materials such as steel, concrete or wood.
They are used in construction projects because of the possibility of lowering investment costs. They are used to reinforce flood protection systems, construct flood walls, protect the banks of various water reservoirs as well as to protect slopes, landslides and various excavation sites.
Pietrucha Groupa said it chose the Philippines because of its strategic and logistically convenient location and great economic potential.
The production plant is situated in the Freeport Area of Bataan.
“The Philippines welcome the investment by Pietrucha Group, the first ever 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,” said Philippine Ambassador to Polan Patricia Ann Paez.
Paez said the joint venture proved that the Philippines is an attractive investment destination, also for the Polish investors looking into the Asean region.
“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,” she said.
Pietrucha Group chief executive Jerzy Pietrucha said Pietrucha Manufacturing Philippines was a part of the group’s long-term investment strategy to strengthen international exposure, especially in regions sensitive to climate changes.
Pietrucha said 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.”