First Philippine Industrial Park (FPIP) is a joint venture between the local conglomerate First Philippine Holdings (FPH) and the Japanese conglomerate Sumitomo Corporation. It is one of the largest and fastest-growing industrial parks in the Philippines. 

Established in 1996, FPIP is a 505-hectare special economic zone located in Sto. Tomas, primarily accessed through Gates 1 to 3. It also has a 75-hectare expansion area in Tanauan that is accessible through Gate 4-Gen. Malvar street. Recognized as one of the most prime investment locations in the country today, it is host to a growing number of well-known companies in diverse sectors, such as aerospace, motor vehicles, food, electronics, medical devices, and packaging, among others. 

FPIP is a PEZA-registered economic zone that offers locators best-in-class infrastructure and utilities and industry-leading park management, with on-site operational services that enable fast setup, minimal downtime, and efficient, continuous operations. Alongside special incentives in the form of tax holidays and lower tax rates for eligible enterprises, the unique FPIP experience assures locators ease of doing business, safety and security, and a consistent first-world manufacturing environment. These enable locators to focus on strengthening their global competitiveness. 

FPIP brings three decades of operational excellence and an even longer history of multifaceted industry experience through its partners and parent companies. 

FPH brings leading and pioneering experience  in energy, power generation and distribution, transformer manufacturing, commercial and residential estate development and management, construction and engineering, as well as education and healthcare. 

Sumitomo Corporation’s experience in industrial park development and management aids FPIP in offering integrated services and world-class experience to locators all over the world.  Its network and sales arm are instrumental in helping FPIP attract a significant number of Japanese locators, which are more than half of the locators inside the park. Sumitomo Corporation is also a leading industrial park (IP) developer and operator in Vietnam, Indonesia, Myanmar, Bangladesh, and India, as well as an IP Sales Agent in Indonesia, Thailand, and Cambodia.