Wellness firm to invest P500M in Tarlac pharma zone

LocalBusiness & Finance
8 Apr 2026 • 1:50 AM MYT
The Manila Times
The Manila Times

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LOCAL manufacturer Goodfield International Trading Corp. is investing P500 million to operate a facility at Victoria Industrial Park in Tarlac, the Philippine Economic Zone Authority (PEZA) said on Tuesday.

The company — which makes essential oils, liquid and bar soaps, candles, diffuser oils, and flame-free home fragrances — supports the growth of a homegrown wellness manufacturing ecosystem, PEZA said.

On March 30, PEZA Director General Tereso Panga and Goodfield president Melissa Yeung-Yap signed a registration agreement, witnessed by PEZA Deputy Director General for Operations Vivian Santos.

“This registration reflects our drive to support Tatak Pinoy industries — empowering local manufacturers, lowering the cost of medicine, uplifting communities, and strengthening the Philippines’ position in the global value chain,” Panga said.

The project will create about 290 direct jobs while deepening the country’s capacity to produce natural, sustainably sourced, and value-added wellness products, PEZA said.

Goodfield has also partnered with Tarlac State University and Tarlac Agricultural University to support researchers and facilitate community collaborations with farmers and indigenous communities.

The 30-hectare Victoria, which opened in 2025, is positioned as the country’s first pharmaceutical ecozone, with Goodfield as a domestic market enterprise.

It conforms with pharma zone guidelines and regulatory enhancements from the Food and Drug Administration, and aligns with President Ferdinand Marcos Jr.’s vision of offering affordable medicines to Filipinos, and making the Philippines a hub for medical product manufacturing in Asia.

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