SEOUL, SOUTH KOREA – The Authority of the Freeport Area of Bataan (AFAB) concluded a highly- strategic and productive investment mission to South Korea packed with multiple business meetings, insightful engagements, and collaborative agreements across energy, digital technology, manufacturing, and logistics sectors, highlighting the Freeport’s growing appeal to international investors.
The AFAB investment mission, led by Administrator and CEO Hussein P. Pangandaman and Office of the Administrator Group Head Atty. Percival B. Peralta, demonstrates the AFAB’s commitment to attracting valuable investments that support inclusive and sustainable development in the Freeport Area of Bataan (FAB).
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Among the most significant developments was a meeting with Ms. Anita Kim, representative of a proponent behind a proposed $700 million 250MW Combined Cell Power Plant in the FAB, utilizing liquefied natural gas (LNG) as its main fuel. The project, which includes a $200 million LNG storage facility, marked the beginning of exploratory cooperation with AFAB supporting feasibility assessments and inviting proponents for site visits.
AFAB also met with C US Korea, Korea’s leading EV charger manufacturer, which expressed strong interest in setting up a manufacturing facility within the FAB. The move aligns with the Philippines’ growing push for sustainable transportation infrastructure.
Explorations in digital innovation saw AFAB engage with Chunho Information Technology and the Korea Data Agency for potential integration of advanced regulatory systems, particularly in Anti-Money Laundering (AML). AFAB also held talks with tech firms Mocoplex and Giftybiz, both expressing interest in locating their regional operations within the Freeport. Mocoplex presented “QRO,” Korea’s first integrated offline marketing platform, while Giftybiz showcased its kiosk systems and B2B mobile gifting solutions.
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In environmental technology, AFAB explored an innovative air management system developed by Shin Taeyang Construction and Vision Power, which filters and conditions air without traditional HVAC systems. The proponents see FAB as a strategic entry point into the Philippine market.
Further highlighting sustainable technology, SAVUS Company presented its energy-efficient power-saving system that can reduce energy consumption by up to 30%. Discussions centered on the potential for SAVUS to establish operations within the FAB.
Flood prevention technology was another area of interest as AFAB met with Vision Tech, developer of an internationally recognized flood containment system. The firm expressed intent to set up a manufacturing hub in the Freeport.
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The AFAB delegation also visited Pyeongtaek Port and Korea Superfreeze, gaining insights into cold chain logistics operations using LNG-powered facilities that models future logistics capabilities in the Philippines.
AFAB seized the opportunity to position the FAB as a top investment hub at the 2025 Global Business Club – Philippine Business Forum, held at the Korea Chamber of Commerce and Industry (KCCI) Grand Hall. Organized by the Philippine BOI and PTIC Seoul, the forum highlighted emerging opportunities in sectors such as electronics, semiconductors, clean energy, EV and critical minerals, high-tech agriculture, and logistics.
On the sidelines, AFAB conducted B2B meetings with Korean companies, promoting FAB’s strategic incentives, infrastructure support, and proximity to regional megaprojects like the Bataan-Cavite Interlink Bridge and the Subic-Clark-Batangas Railway. Backed by enabling laws, competitive incentives, and a skilled workforce, AFAB is positioned to capitalize on investor interest under the CREATE MORE law that opens greater economic opportunities at the Freeport.
Capping off the visit, AFAB signed a Joint Declaration of Continuing Support and Cooperation with long-time partner Dong In Entech Group. Dong In committed to opening two new companies within the Freeport, further expanding its footprint alongside its existing locators. The engagement reaffirmed the group’s trust in AFAB’s investment climate and growth trajectory.
The mission reinforced AFAB’s growing reputation as a prime destination for global investments, particularly from innovation-driven economies like South Korea. By cultivating these strategic partnerships, AFAB continues to position the Freeport Area of Bataan as a hub for new and emerging industries that drive national progress and regional integration. With sustained engagement and follow-through, the AFAB looks forward to transforming these commitments into concrete developments that benefit the Filipino people.