The Epson Precision Philippines Inc. (EPPI) for opening a new factory in Lipa City, Batangas will offer 2,00 jobs. The company has existing 8,000 manpowers in the country with a total investment project cost of $110 Million.
The Epson factory located at the Lima Technology Center, Lipa, Batangas. Epson manufactures the 3LCD projectors and inkjet printers. The presidentassures the investors that the government is committed for making easier business in the country.
"The strength of any corporation, any institution, any government, lies in the integrity upon which its ideals too are upheld. Passivity means erosion. By expressing their confidence in my country, EPPI has shown that they recognize this - that they believe our principles in governance will have concrete, long-term benefits for our country," he said.