Science Park of the Philippines, Inc. (SPPI) SPPI was established in 1989, and through the years, has gained the reputation of being a cutting-edge developer of industrial estates through its Light Industry & Science Park projects. Today, SPPI is highly regarded as one of the pioneers and leaders in private industrial estate development in the country with six industrial parks, all special economic zones, with almost 800 hectares of aggregate area. Its first venture, Light Industry & Science Park I, was the first privately-owned industrial estate in the Philippines to be registered as a special economic zone by the Philippine Economic Zone Authority. The Light Industry & Science Park I, II and III, three major SPPI properties located south of Manila, are all within an hour’s drive from the country’s central business district, Makati. The Hermosa Ecozone Industrial Park, a 162-hectare world-class industrial estate in Hermosa, Bataan, is just 20 kms. away from the Subic International Seaport and 40 kms. from the Clark International Airport. The Cebu Light Industrial Park located on Mactan Island is just a 10-minute drive from the Mactan-Cebu International Airport. The Light Industry & Science Park IV is SPPI’s latest industrial estate, developed as part of an integrated mixed-use property development called Malvar Cybergreen. LISP IV is a 170-hectare industrial park, complemented by a five-hectare commercial and institutional destination and a 37-hectare residential neighborhood right off the Star Tollway in Malvar, Batangas. The industrial parks of SPPI are home to Fortune 1000, Forbes Global 2000 and major multinational companies including Procter & Gamble, Sumitomo Wiring Systems, Pepsi, ST Microelectronics (formerly Philips Electronics), H.B. Fuller, Nippon Paint, Perkinelmer, Teradyne, and Eaton to name a few. Top Filipino export and manufacturing corporations therein include Concepcion Industries, Ionics Inc., and Fastech.