From Business World

LEMCON (PHILIPPINES), Inc. signed a deal with AyalaLand Logistics Holdings Corp. (ALLHC) to take up 17,000 square meters (sq.m.) of gross leasable space in ALogis Biñan, Laguna Technopark.

The asset management solutions company will occupy 10 units of ready-built facilities for exclusive storage of infrastructure equipment for a telecommunications company. Lemcon is currently preparing the facilities for its workshops and warehouse space.

With an initial 11,000 sq.m., Lemcon is targeting to begin operations in April. Turnover of the remaining 6,000 sq.m. of the ready-built facilities is expected to be completed by July 2021.

“In our pursuit for excellence and client satisfaction, we needed to upgrade our warehouse facilities. Hence, we chose ALogis Biñan. A bright warehouse space, the facilities are located within an ideal industrial estate, with outstanding utilities and convenient access to major transport routes. Complemented with a clear and fair contract, we’re convinced that the move to ALogis Biñan in Laguna Technopark will be helpful for our sales organization and other long-term objectives,” Harsyl R. Tan, vice-president of finance at Lemcon (Philippines), said.

Laguna Technopark, which is owned and managed by ALLHC, expects 160 workers to be hired after Lemcon completes its relocation.

Other ALogis sites are located in Naic, Porac, Calamba, and Manila. ALogis Naic broke ground earlier this year.