KUALA LUMPUR – VS Industry has leased 52,700 sq. m. of space in the ALogis Santo Tomas industrial park in Batangas, Philippines, to build a new manufacturing facility in the country.

"After careful consideration, we selected ALogis Santo Tomas as our manufacturing base in the Philippines due to its strategic location and accessibility," said Datuk Gan, managing director, VS Industry. "ALLHC provided invaluable support and expertise throughout the process. This is crucial for VS as this is a new venture for us and it also forms part of our asset-light model as a core element of our risk management strategy. All in all, we are thrilled to partner with one of the country's leading industrial real estate companies and we are confident in our plans in the Philippines as we embark on a new chapter of growth."

With its expansion in the Philippines through its Philippines subsidiary, VS Industry said it is set to fulfill new orders from a key customer, focusing on the box-build assembly of consumer electronics.

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