PT Mayora Indah Tbk to Expand Business in the Philippines

PT Mayora Indah Tbk (Mayora) is set to invest over US$80 million in local coffee manufacturing and processing operations over the next five years.

Recently, Mayora inked a memorandum of understanding (MOU) with Lima Land Inc.(LLI) to lease property within LLI’s Special Economic Zone at Malvar, Batangas

Once completed, the manufacturing and processing plant in Batangas will help meet increasing demand for local consumption and exports. It is projected to generate some 3,000 new jobs on top of the 4,500 jobs that Mayora’s Philippine-based businesses currently employ.

“We thank our consumers in the Philippines for making Kopiko a successful coffee brand. Kopiko was developed with the Filipino consumer in mind. It was locally designed to meet the Filipinos’ taste preference. And Kopiko has succeeded in keeping Filipino workers energized and productive each day – Buhay araw araw!” said Andre Atmadja, President, PT Mayora Indah Tbk.

“In recognition of Kopiko’s strong Philippine base, along with our growing business in the ASEAN region; we are expanding our manufacturing and processing operations beyond Indonesia – into the Philippines. We look forward to the many opportunities that this landmark project will deliver particularly in the area of job creation and in enabling greater contribution to the Philippines economy,” he adds.

As part of the plan to help boost local business, Mayora will source desiccated coconut and RBD coconut oil from several Philippine producers. This was formalized with the signing of an MOU on 1 April 2019.

Since 2016, the Mayora Group has contributed roughly Php 7.8 billion annually to the Philippine economy in government taxes, employee salaries and benefits, and also thru advertising and promotions.

Understanding its responsibility to the communities in which it operates, the Company involves itself in socially relevant efforts. In times of calamities, the Company and its business partners mobilize its employees to collect and distribute relief goods to affected communities.